HomeMy WebLinkAbout85-028AA RESOLUTION AUTHORIZINGi THE MAYOR AND CLERK TO
EXECUTE A CONTRACT WITH THE PENINSULA DEVELOPMENT
ASSOCIATION TO CONTRIBUTE FIVE HUNDRED DOLLARS TO
STUDY ACQUISITION OF THE RAILROAD
WHEREAS, the Peninsula~Development Association has pursued
the possible purchase of the peninsula railroad for the purpose
of economic development in and upon the Olympic Peninsut~ and
desires to contract with Peninsula municipal corporations and
public entit~es to receive funds to finance a study of economic and
legal issues related to the acquisition~of the railroad, and
WHEREAS ~ihe City Council for the City of Port Townsend finds
that continu~d operation of the railroad will enhance economic
development
BE IT RE
That the
authorized t¢
A, providing
Development
the issues ii
plan of poss
ties in the
alternatives
on the penin~
Passed b,
and signed bi
.n and about the City , now. ~therefore
~OLVED:
Mayor and City Clerk be and they are hereby
~ execute'the annexed Agreement identified as Exhibit
for the contribution of $5Q0_.'Q0to the Peninsula
~ssociation to defray legal costs in reviewing
Lvolved in acquiring the railroad, developing a
.ble participation by some or all governmental enti-
Lcquisition of the railroad and formulating feasible
for private parties to assure continued rail service
tula railroad.
the City CounciI~ for the City of Port Townsend
the Mayor this 3rd day of September, 1985.
Attest:
beputy city 'Clerk ~
Appro~e~ as :o f~:
Keith C. ~Har Der, C~ity Attorney
MAYOR BRENT SHIRLE~