3218 Issue General Battery IRB1
a
RESOLUTION NUMBER 3218
WHEREAS, General Battery Corporation, a Pennsylvania Corporation, (the
"Company") and the City of Salina, Kansas, (the "City") entered into a Memorandum
of Agreement dated January 7, 1974, under which the City has agreed to issue and
sell its Industrial Revenue Bonds in the amount not to exceed $9,000,000 (the
"Bonds") to pay the costs of an industrial project as defined in that Agreement,
and
WHEREAS, an Amendment to the Memorandum of Agreement has been presented
to the City under the terms of which the City agrees to extend the term of the
Memorandum of Agreement; NOW, THEREFORE
BE IT RESOLVED by the Governing Body of the City of Salina, Kansas:
Section 1. That the Mayor of the City is hereby authorized to execute
and the Clerk of the City is hereby authorized to attest, an Amendment to
Memorandum of Agreement with the Company in substantially the form of such
Amendment as presented to this meeting with such changes as shall be approved
by the officers executing the same.
Section 2. That the officers and employees of the City are hereby
authorized to take such further action as is necessary to carry out the intent
and purposes of this Resolution.
Adopted and approved by the Governing Body of the City of Salina,
Kansas, in regular session this
(SEAL)
Attest: -
16th day of December, 1974.
4nz"�
D. L. Harrison, City Clerk
W. M. Usher, Mayor