Share to Facebook Share to Twitter Bookmark and Share
Record No: CB 118544    Version: 1 Council Bill No: CB 118544
Type: Ordinance (Ord) Status: Passed
Current Controlling Legislative Body City Clerk
On agenda: 11/23/2015
Ordinance No: Ord 124915
Title: AN ORDINANCE relating to the solid waste system of The City of Seattle; amending Ordinance 121940, as amended by Ordinance 122498, to conform Ordinance 121940 to reflect changes recently made by the City to update its standard form of bond ordinance; and ratifying and confirming certain prior acts.
Sponsors: Nick Licata
Attachments: 1. CB 118544 Ex A – List of Outstanding Parity Bonds, 2. CB 118544 Ex B – Form of Undertaking to Provide Continuing Disclosure, 3. CB 118544 Ex C - Amended and Restated Ordinance 121940
Supporting documents: 1. Summary and Fiscal Note, 2. Signed Ord 124915
CITY OF SEATTLE
ORDINANCE __________________
COUNCIL BILL __________________
title
AN ORDINANCE relating to the solid waste system of The City of Seattle; amending Ordinance 121940, as amended by Ordinance 122498, to conform Ordinance 121940 to reflect changes recently made by the City to update its standard form of bond ordinance; and ratifying and confirming certain prior acts.
body
WHEREAS, by Ordinance 121940 the City provided for the issuance and sale of solid waste system bonds, in one or more series, for the purpose of paying all or part of the cost of refunding certain of the City's outstanding solid waste bonds, and the costs of issuance of those bonds; and
WHEREAS, by Ordinance 122498 the City provided for the amendment of certain definitions and descriptions in Ordinance 121940; and
WHEREAS, the City has recently updated the standard form of its bond ordinances and desires to conform Ordinance 121940 to reflect those changes; NOW, THEREFORE,
BE IT ORDAINED BY THE CITY OF SEATTLE AS FOLLOWS:
Section 1. Amendment to Ordinance 121940. Each section of Ordinance 121940, as amended by Ordinance 122498 (the "Ordinance"), is amended and restated as set forth in Sections 2 through 37 of this amendatory ordinance. Additions are double underlined and deletions are enclosed in double parentheses and struck through. Section references in the amended text are made with reference to the Ordinance as amended and restated by this ordinance. With respect to any Bonds authorized by the Ordinance, which are outstanding as of the effective date of this amendatory ordinance, the amendments contained herein shall be of no force or effect and the provisions of the Ordinance prior to the effective date of this amendatory ordinance shall continue in effect with respect to those outstanding Bonds.
Section 2. Amendments to Section 1 of the Ordinance. Section 1 of Ordinance 121940, as amended by Ordinance 122498, is amended and restated as follows:
...

Click here for full text