575 Reimbursement for additional police vehiclesCITY OF YELM
RESOLUTION NO. 575
FORM OF REIMBURSEMENT RESOLUTION
Section 1. The City of Yelm (the "Local Agency") reasonably expects to
reimburse the expenditures described herein with the proceeds of a financing
contract to be entered into by the Local Agency (the "Reimbursement
Obligation").
Section 2. The expenditures with respect to which the Local Agency
reasonably expects to be reimbursed from the proceeds of Reimbursement
Obligations are for 2017 Police Vehicles and Equipment.
Section 3. The expenditures with respect to which the Local Agency
reasonably expects to be reimbursed from the proceeds of Reimbursement
Obligations will be made from the General Fund.
Section 4. The maximum principal amount of Reimbursement Obligations
expected to be issued for the property described in Section 2 is $20,000.
APPROVED this 14th day of February, 2017.
J Foster, ayor
ATTEST:
Lori Mossman, City Clerk