8.2 IRB Yellow Van Movers
..
..
C1 TY OF SALI NA
REQUEST FOR COMMISSION ACTION
TIME
4/14/1gEO 4:00 P M
ORIGINATING DEPARTMENT: APPROVED FOR
City Clerk AGENDA:
I~i~
~4fJ
DATE
AGENDA SECTION:
NO. 8
Administration
ITEM
NO. 2
Don Harrison
BY:
BY:
First Reading Ordinance Number 80-8786 - authorizing the City of Salina, Kansas,
to acquire the real property hereinafter described and to acquire, purchase, construct
and equip certain buildings, improvements, machinery, and equipment located and to be
located thereon to be leased to Yellow Van Movers, Inc., for industrial purposes;
authorizing and directing the issuance of $400,000 principal amount of Yellow Van
Movers, Inc., Industrial Revenue Bonds, Series 1980, of said City for the purpose of
providing funds to pay the cost of acquiring, purchasing, constructing and equipping
certain buildings, improvements, machinery and equipment to be leased to Yellow Van
Movers, Inc., for Industrial purposes; prescribing the form and authorizing the
execution of a lease by and between said City and prescribing the form and requiring
the execution of a separate guaranty agreement by Yellow Van Movers, Inc.
COMMISSION ACTION
MOTION BY
SECOND BY
TO: