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1 <br />NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF <br />2 <br />THE CITY OF COLTON as follows <br />3 SECTION 1. Approval of Issuance of Bonds. The is'su- <br />4 ance ofnotto exceed $30,000,000 principal amount Redevelopment <br />5 <br />Project Tax Allocation Bonds, in order to aid in the financing <br />6 of the Santa ,Ana River Redevelopment Project and for other <br />purposes related thereto, all of which constitute a "redevelop <br />- <br />8 ment activity," as such term is defined in Health and Safety <br />9 Code Section 33678, is hereby authorized and approved pursuant <br />10 to Health and Safety Code Section 33640. <br />11 Section 2. Effective Date. This Resolution shall <br />a "0 12 tape effect upon adoption. <br />'Lw w "o °' 13 PASSED APPROVED and ADOPTED this lst da of <br />0 it y <br />0' m °m o 14 1aY , 1984.115 0 , <br />LL Z. 0. J <br />oN�,L< 15 <br />3mooh; <br />a - 0 F Q 16 <br />J.N N <br />w:q Q w <br />17 <br />18 TL-B'9-RTHUNTOON, Mayor <br />19 ATTEST <br />20 .��J Q• ��r»,� <br />21 HELEN RAMOS, City Clerk <br />- 22 <br />23 <br />24 <br />25 <br />26 <br />27 <br />28 <br />2 <br />