HomeMy WebLinkAbout1980-237
San Bernardino
60,005-39-2
RESOLUTION NO. 9'/}-0737
RESOLUTION OF THE CITY OF SAN BERNARDINO
APPOINTING A PROJECT COORDINATOR TO
ADMINISTER ITS MORTGAGE REVENUE BOND
PROGRAM
WHEREAS, pursuant to Ordinance No. 3853, as
amended, of the City of San Bernardino, California (the
"City"), the City may make long term low interest mortgage
loans through qualified mortgage lenders to finance resi-
dential construction in the City in order to encourage
investment and upgrading of such areas, and to issue bonds
for the purposes of financing such residential construction
as authorized by said Ordinance No. 3853; and
WHEREAS, it is necessary, in furtherance of the
implementation of the General Resolution of the City in
connection with the authorization and issuance of its
mortgage revenue bonds, to appoint a Project Coordinator
to administer certain items in connection with the mortgage
revenue bond program of the City.
NOW, THEREFORE, BE IT RESOLVED, DETERMINED AND
ORDERED BY THE MAYOR AND COMMON COUNCIL OF THE CITY OF
SAN BERNARDINO, CALIFORNIA, AS FOLLOWS:
Section 1. The Mayor and Common Council of the
City hereby appoint the Redevelopment Agency of the City
A233-5 CdS))/}
6/5/80 C-
San Bernardino
60,005-39-1
of San Bernardino (the "Agency") to administer all items
necessary in connection with the mortgage revenue bond
program of the City for the financing of residential
housing pursuant to Ordinance No. 3853, as amended.
I HEREBY CERTIFY that the foregoing resolutic!l
'''as duly adopted by the Mayor and Common Council of the
City of San Bernardino at a ~~#~ meeting thereof,
held on the ? day of ________ ' 1980.
/
by the following vote, to-wit:
AYES:
Councilmen ~Az;,~ili,~), ~d"'?
Jb"'j: cN~5 &;:.~~
L~z._J w~~
NAYS:
ABSENT:
~//jJ/J~ $p-,
./ City'Clerk
The foregoing
/tP.,
day of
is hereby approved this
, 1980.
~to:~ ~
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C~ty At rney
-2-
A233-6 (ds)
6/5/80