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RESOLUTION NO. 7- &4
A RESOLUTION of the City Council of the City of Port
Angeles, authorizing the execution and delivery of
the Canadian Entitlement Exchange Agreement, Direc-
tion for Payments to Trusteee, Escrow Agreement and
other necessary documents.
WHEREAS, the City of Port Angeles is a participant in
the Canadian Entitlement Exchange Agreement executed by the
United States of America, acting by and through the Bonneville
Power Administrator and Columbia Storage Power Exchange; and
WHEREAS, it is necessary that certain documents be exe-
cuted by all parties participating therein on or before Thurs-
day, August 13, 1964, and delivered to the escrow holder,
Seattle First National Bank on Friday, August 14, 1964, in
order to comply with the time schedule for completing the en-
tire Canadian Treaty procedure; and
WHEREAS, ,it appears desirable and to the best interests
of the City to participate in said agreement; now, therefore,
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PORT
ANGELES that the Mayor be, given the authority for the purpose
of authorizing the execution and delivery of the Canadian En-
titlement Exchange Agreement, Direction for Payments to Trustee,
Escrow Agreement and all other instruments which may be neces-
sary for completing the entire Canadian Treaty procedure.
PASSED by the City Council of the City of Port Angeles
and approved by its Mayor at a regular meeting of the Council
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h~~:~n the. ~~day of August, 1964'~1'
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