1989 RES R-12-89 - Laserfiche WebLink

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1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 to the bonds, and it has been recommended to the City Council that such preliminary official Statement be approved and that the preparation and distribution of a final official Statement be authorized. NOW, THEREFORE, IT IS HEREBY RESOLVED AS FOLLOWS: SECTION 1. That the above recitals are true and correct. SECTION 2, That this legislative body does authorize the issuance of bonds pursuant to the terms and provisions of the "me l to - Roos Community Facilities Act of 1982," being Chapter 2,5, Part 1, Division 2, Title 5 of the Government Code of the State of California, and does expressly approve the BOND INDENTURE substantially in the form presented herein, subject to modifications as necessary and as approved by the Assistant City danager, with the concurrence of the Bond Counsel, A copy of said BOND INDENTURE shall be kept on file with the transcript of these proceedings and open for public inspection. SECTION 3. Final approval of the BOND INDENTURE shall be :onc I u s i v a 1 evidenced by the signature of the Assistant City 4a nager upon delivery of bonds and receipt of proceeds. Said bonds shall be issued and subject to the terms and conditions in �a id approved Bond Indenture. SECTION 4, That the preliminary Official Statement 'elating to the bonds, prepared by M, F, Whipple 8 Co., Inc., as i n a n c i n g Consultant to the City and presented at this meeting, is hereby approved, and the Mayor or the Assistant City Manager is hereby authorized and directed for and in the name and on >a haif of the District, to execute the preliminary Official statement and a final Official Statement in substantially the