HomeMy WebLinkAbout01395ORDINANCE P10. 1061
AN ORDINANCE authorizing an agreement with NATIONAL
PAPER PRODUCTS COP,IPANY for repayment of amounts to be advanced
by said company to the City of Port Townsend for the purpose
of enabling the City to 'pay the cost of a change in location
of the Hadlock-Irondale connection to the pipeline of the
water works system of the CITY OF PORT TOWNSEND.
THE CITY COUNCIL OF THE CITY OF PORT TOWNSEND does
hereby ordain as follows:
Section 1. For the purpose of enabling the CITY OF
PORT TOWNSEND to change the location of the connection of the
Hadlock-Irondale line from its present location of approximately
Station 1530 on the pipeline of the water works system of the
CITY OF PORT TOWNSEND to a location at approximately Station
1614 on said pipeline, the City shall borrow from the NATIONAL
PAPER PRODUCTS COMPANY an amount not to exceed Two Thousand
Dollars ($2,000.00), and the Mayor and the City Clerk of the
CITY OF PORT TOWNSEND be and they are hereby authorized and di-
rected to execute an agreement providing for such advance by
the NATIONAL PAPER PRODUCTS COMPANY and the repayment thereof
by the CITY OF PORT TOVW END in the following form:
"C O N T R A C T
This agreement made in duplicate this day of
, 1936, by and between the CITY OF PORT TOWNSEND,
'a -municipal corporation, Party of the First Part (herein
called City), and NATIONAL PAPER PRODUCTS COMPANY, a
corporation, Party of the Second Part (herein called
Company),
W I T N E S S E T H:
WHEREAS, by Indenture of Lease dated March 3, 1928,
Company leased a Dart or City's water works and system
for e. period of thirty (30) years, and