Page 2 Section II a  Purchase of Target was for "building a new city hall" The Project
This loan to be used to purchase land for city purposes.  So which is it?   New City Hall or selling to a developer? Where is the for sale sign?

Section 2. Findings and Determinations. The City takes note of the following facts
and makes the following findings and determinations:

a) Authority and Description of the Project. The City is in need of land for City
purposes, which may include building a new city hall (the " Project "). The City Council therefore finds that it is in the best interests of the City to carry out the Project. 

ORDINANCE NO. 14 -777
AN ORDINANCE of the City ofFederal Way, Washington, establishing
a term loan and providing for the issuance and sale of a limited tax
general obligation bond anticipation note in the principal amount of not
to exceed $8,500, 000 to evidence the loan to be used to purchase land for
city purposes; and fixing the form, covenants and terms of the not