The Town Council of Friday Harbor adopt

Placed on 11/23/2022
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The Town Council of Friday Harbor adopted the following ordinance on Thursday, November 17, 2022. The full text of this ordinance shall be mailed or emailed upon request to the Town Clerk, POB 219, Friday Harbor, Washington, 98250 / (360) 378 – 2810 / amyt@fridayharbor. org. The ordinance summary reads: ORDINANCE NO. 1755 of the Town of Friday Harbor, Washington relating to financing improvements to the sewer system of the Town; specifying, adopting and ordering the carrying out of a system or plan of additions to and betterments and extension of that sewer system; declaring the estimated cost thereof as nearly as may be; providing for the issuance of a not to exceed $6,905,000 principal amount general obligation bond anticipation note with which to provide interim financing for certain improvements to the Sewer System pending the issuance of the Bond authorized herein, and to pay the costs of issuance and sale of the Note; creating and adopting certain funds and accounts; appointing the Town’s designated representative to approve the Note Sale Terms for the sale and delivery of the Note to SaviBank; and providing for other related matters. Legal No. J966592 Published: The Journal of the San Juan Islands November 23, 2022
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