Resolution 77-78-04-01
RESOLUTION 1977-78-4-1
A RESOLUTION OF THE CITY OF WYLIE, TEXAS, AUTHORIZING THE BORROWING OF $9,700.00
FOR A FOUR YEAR PERIOD ON STREET PAVING ASSESSMENTS; WITH FOUR YEARLY PAYMENTS.
WHEREAS, The City of Wylie on September 27, 1977 ordered improvements of various
streets under Ordinance #77-18, and approved the cost estimates of improvements
and of amounts to be assessed on portions of various streets in the City of Wylie
under Ordinance #77-19; and,
WHEREAS, The City of Wylie completed the improvements on various streets and
billed the various property owners for their assessments; and,
WHEREAS, Those indicating the need to pay the assessment in five payments con-
stitutes the need for the City of Wylie to borrow this money; and,
WHEREAS, The City Council of the City of Wylie has authorized Mayor John W.
Akin, and City Manager Denton W. Miller to secure the loan on behalf of the
City of Wylie.
NOW THEREFORE, BE IT RESOLVED; that, Mayor John W. Akin and City Manager
Denton W. Miller be authorized to secure a loan of $9,700.00 for a four year
period on Street Paving Assessments; with four yearly payments.
PASSED AND APPROVED, THIS THE 11TH. DAY OF APRIL, 1978.
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/~/John W. Akin, Mayor
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ATTEST:
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Barbara Ellis
City Secretary