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1987 RES R-79-87
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1987 RES R-79-87
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2/24/2014 7:16:03 AM
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2/20/2014 11:15:05 AM
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1 <br />2 <br />3 <br />4 <br />5 <br />6 <br />7 <br />8 <br />9 <br />10 <br />11 <br />12 <br />13 <br />14 <br />15 <br />16 <br />17 <br />18 <br />19 <br />20 <br />21 <br />22 <br />23 <br />24 <br />25 <br />26 <br />27 <br />28 <br />Ilution. <br />SECTION 11. Ratification of Housing Program. The <br />City hereby acknowledges the prior adoption of Ordinance <br />No. 1663 on May 23, 1984, pursuant to Health and Safety Code <br />Section 52013(a), and hereby ratifies the Program as adopted <br />pursuant thereto, and hereby incorporates by reference said <br />Ordinance No. 1663 and readopts said Program pursuant to this <br />Resolution as of the date hereof which adoption shall be deemed <br />final and conclusive as to the Program being a program of the <br />City. <br />SECTION 12. Requisitions. The City Manager, or his <br />designee, is hereby authorized and directed to execute one or <br />more requisitions authorizing the Trustee to pay the costs of <br />issuing the Bonds from the proceeds of the Bonds and the moneys, <br />if any, deposited by the City with the Trustee for such purpose, <br />all pursuant to the Trust Indenture. <br />SECTION 13. Bond Counsel. The law firm of Best, <br />Best & Krieger is hereby retained as Bond Counsel to the City in <br />connection with the execution and delivery of the Bonds and the <br />City Manager is hereby authorized to execute an agreement with <br />said firm for such services. <br />SECTION 14. Filing of CDAC Notice. The City hereby <br />approves the filing by Bond Counsel of a notice of the City's <br />intent to sell the Bonds with the California Debt Advisory <br />Commission pursuant to Section 8855 of the California Government <br />Code. <br />SECTION 15. Other Acts. The officers and staff of <br />the City are hereby authorized and directed, jointly and sever- <br />-7- <br />
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