HomeMy WebLinkAbout1995-117
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
RESOLUTION NO. 95-117
RESOLUTION OF THE MAYOR AND COMMON COUNCIL
OF THE CITY OF SAN BERNARDINO, CALIFORNIA,
REGARDING THE HOLDING OF A PUBLIC HEARING IN
CONNECTION WITH THE ISSUANCE OF CERTAIN
MULTIFAMILY HOUSING REVENUE BONDS
WHEREAS, the City of San Bernardino, California (the
"City"), is a municipal corporation and charter city duly
organized and existing under and pursuant to the provisions of
the Constitution and laws of the State of California; and
WHEREAS, the City has caused the timely publication of
notices regarding the holding of the public hearings in
accordance with Section 147(f) of the Internal Revenue Code of
1986, as amended (the "Code"), in connection with the proposed
issuance by the San Bernardino Joint Powers Financing Authority
(the "Authority") of the Authority's not to exceed (i) $3,500,000
Multifamily Housing Revenue Bonds (Tropicana Mobilehome Estates
Project) Series 1995A,
(ii) $4,000,000 Multifamily Housing
Revenue Bonds (Orangewood Estates Mobilehome Park Project),
20 Series 1995B and (iii) $2,400,000 Multifamily Housing Revenue
21
22
23
24
25
26
27
28
Bonds (Friendly Village Project) Series 1995A (the "Bonds").
NOW, THEREFORE, THE MAYOR AND COMMON COUNCIL OF THE
CITY OF SAN BERNARDINO, CALIFORNIA, DO HEREBY FIND, RESOLVE,
DETERMINE AND ORDER AS FOLLOWS:
Section 1.
Public Hearino. Testimony and Comments.
The City has held public hearings in accordance with provisions
- 1 -
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
of Section 147(f) of the Code, and has considered all testimony
and comments submitted in connection with the proposed sale and
delivery of the Bonds.
Section 2. Approval bv Ci tv. The City, after
consideration of comments received at the public hearings, hereby
approves the issuance of the Bonds.
Section 3. Approval bv Elected Representative. It
is the purpose and intent of the City that this Resolution
constitute approval by the applicable elected representative in
accordance with the terms of Section 147(f) of the Code.
III
III
III
III
- 2 -
,'.,.--.
1
2
3
4
RESOLUTION OF THE MAYOR AND COMMON COUNCIL OF THE CITY OF SAN
BERNARDINO, CALIFORNIA, REGARDING THE HOLDING OF A PUBLIC HEARING
IN CONNECTION WITH THE ISSUANCE OF CERTAIN MULTIFAMILY HOUSING
REVENUE BONDS
Section 4.
Effective Date.
The findings and
5 determinations herein shall be final and conclusive.
This
6 Resolution shall take effect upon the date of its adoption.
7
8
I HEREBY CERTIFY that the foregoing Resolution was duly
9 adopted by the Mayor and Common Council of the City of
10 San Bernardino at a regular meeting
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
April
17th
day of
thereof, held on the
1995, by the following vote, to wit:
ABSTAIN
ABSENT
NAYS
Council Members:
AYES
x
x
NEGRETE
CURLIN
HERNANDEZ
OBERHELMAN
DEVLIN
POPE-LUDLAM
MILLER
x
x
x
x
x
~ --
,~~
City Clerk
The foregoing
19th day of April
resolution is hereby approved this
, 1995. -;~
~tM~~
Mayor of the City of
San Bernardino
Approved as to form and legal content:
JAMES F. PENMAN
City Attorney
BY~a.c ~
SBEO\0129\DOC\4
- 3 -
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
STATE OF CALIFORNIA
COUNTY OF SAN BERNARDINO ss
CITY OF SAN BERNARDINO
I, Rachel Clark Ci ty Clerk of the City of
San Bernardino, DO HEREBY CERTIFY that the foregoing and attached
copy of Mayor and Common Council of the City of San Bernardino
Resolution No. 95-117 is a full, true and correct copy of that
now on file in this office.
IN WITNESS WHEREOF, I have hereunto set my hand and
affixed the official seal of the Mayor and Common Council of the
City of San Bernardino this 19th day of April
1995.
Q,~t~
CitY'--Clerk
City of San Bernardino
,
'\
l ,
~\)
\',
l
,