2016, 05-10 Summary Ordinance 16-005SUPERIOR COURT of WASHINGTON for SPOKANE COUNTY
In the clatter of
NOTICE OF ORDINANCE PASSED
By Spokane Valley City Council
Ordinance No. 16-005
STATE of WASHINGTON
County of Spokane
AFFIDAVIT of PUBLICATION
NO.
LEGAL NOTICE
MICHAEL HUFFMAN being first duly sworn on oath deposes and says that he is the EDITOR of,the Spokane Valley News
Herald, a weekly newspaper. That said newspaper is a legal newspaper and it is now and has been for more than six months prior
to the date of publication hereinafter referred to, published in the English language continually as a weekly newspaper in Spokane
County, Washington, and it is now and during all of said time was printed in an office maintained at the aforesaid place of
publication of said newspaper, which said newspaper had been approved as a legal newspaper by order of the Superior Court of
the State of Washington in and for Spokane County. That the following is a true copy of a Legal Notice as it was published in
regular issues commencing on the 13th day of May, 2016, and ending on the 13th day of May, 2016, all dates inclusive, and
that such newspaper was regularly distributed to its subscribers during all of said period:
City of Spokane Valley
11707 E. Sprague
Spokane Valley, WA 99206
' (509)921-1000 •
NOTICE OF ORDINANCE PASSED •
BY SPOKANE VALLEY CITY COUNCIL
The following is the title and summary
of Ordinance No. 16-005 passed by the
Spokane Valley City Council on the 10th
day of May, 2016:
AN ORDINANCE OF THE CITY OF
SPOKANE VALLEY, SPOKANE COUNTY,
WASHINGTON, AUTHORIZING. THEISSUANCE OF LIMITED TAX V111iIi/�l�
OBLIGATION BONDS OF THE CITY IN `��ERAL ��`wq E
THE AGGREGATE PRINCIPAL AMOUNT \
OF NOT TO EXCEED $8,100,000, TO ! \ .•••N.... 4/<�
FINANCE COSTS RELATED TO THE (c�.1 F',00j9F
CONSTRUCTION, EQUIPPING AND FUR-
• \P•VI
NISHINGOFANEW CITY HALLFACILITY T".•� !i• t(".
AND TO PAY COSTS OF ISSUIG THE
BONDS; PROVIDING THE FORM• ERMS) :d w` NR`1
AND COVENANTS OF THE BONDS;� ��r�l O _
PROVIDING FOR THE DISPOSITION ` e
OF THE PROCEEDS OF SALE OF THE CJ
BONDS; DELEGATING AUTHORITY TO n •
APPROVE THE FINAL TERMS OF THE
BONDS; AND PROVIDING FOR OTHER „IX:...........
Q rJ� EjA> \��`
MATTERS RELATING THERETO.red",
Section 1 addresses definitions and inter- (j O •• �• •J�
pretation of terms; Section 2 concerns the 'd F W r
•
authorization of the project; Section 3 con-
cerns the authorization of bonds and bond
details; Section 4 addresses registration,
exchange and payments; Section 5 speaks
to redemption prior to maturity and purchase
of bonds; Section 6 speaks to the form of
bonds; Section 7 concerns the execution of
bonds; Section 8 concems the application
of bond proceeds; Section 9 deals with tax
covenants; Section 10 addresses payments
from the debt service fund and provision for
tax levy payments; Section 11 addresses
defeasance; Section 12 addresses the sale
of the bonds; Section 13 addresses the
Preliminary and Final Official Statements;
Section 14 deals with the City's undertaking
to provide ongoing disclosure; Section 15
addresses lost, stolen or destroyed bonds;
Section 16 addresses sever-ability/ratifica-
tion, and Section 17 concerns the effective
date. The full text of Ordinance 16-005 is
available at the City of Spokane Valley City
offices as identified above. A copy will be
mailed upon request to the City Clerk.
Christine Bainbridge, City Clerk
Published: May 13 2016
.1B: RIBED and SWORN to before me
This 13th day of May, 2016
State of Washington
County of Spokane
I certify that I know or have satisfactory evidence that
Michael Huffman is the person who appeared before me,
and said person acknowledged that he signed this
instrument and acknowledged it to be his free and
voluntary act for the uses and purposes mentioned in the
instrument.
Jolene Rae 1XVenfz
Title: Notary Public
My appointment expires: 05-16-2019
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