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05/27/1968A KODIAK N IS A I ND BOROUGH SPECIAL ASSEMBLY METING - MAY 27, 1968 I CALL '10 ORDER II ROLL CALL Also present: Doug Preston, Clerk/Treasurer, taking minutes. III ITEM OF BUSINESS Adoption of c.,r; °_1 Ordinance 68 -8 -EO, authorizing the loan of $38,093.00 from the National Bank of Alaska to the School Board Account, to be repaid within 90 days, and declaring an emergency, and approving Ordinance 68 -10-0 in first reading. C dinance 68-8E0 was read by the Clerk/Treasurer. P. Bullock moved for the adoption of Ordinance 68 -8 -LO, Mrs. Springhill seconded, and the motion carried unanimously by roll call vote. Ordinance 68-10-0, .:exttn iry the purpose of the emer- gency ordinance, was read by the Clerk/Treasurer. Mr. Bullock moved for adoption of Ordinance 68 -10 -0 in first reading, Mr. Arndt seconded, and roll call vote was unanimously favarable. IV ADJOURMENT The meeting was adjourned at 12:20 p.m. Attest The meeting was called to order at 12:10 p.m. at Tony's Cafe, Kodiak, Alaska for the purpose of adopting Emergency Ordinance 68 -8 -0 EC), and approving ordinance 68 -10 -0 in first reading. Present Ahsent Mrs. Jo Hajdu, Presiding Officer Jim Barr L -:i Arndt Don Bullock hrs. Betty Springhill APPROVED BY: : S. Best, Borough Chairman