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HomeMy WebLinkAbout1979-357 San Bernardino 60,005-40-1 RESOLUTION NO. ~7 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN BERNARDINO, CALIFORNIA, APPROVING THE ISSUANCE BY THE REDEVE- LOPMENT AGENCY OF THE CITY OF SAN BERNARDINO OF ITS CENTRAL CITY NORTH REDEVELOPMENT PROJECT AREA, TAX ALLOCATION BONDS, 1979 SERIES A, FOR ITS CORPORATE PURPOSES WHEREAS, the Redevelopment Agency of the City of San Bernardino (the "Agency"), is a redevelopment agency (a public body, corporate and politic) duly created, estab- lished and authorized to transact business and exercise its powers, all under and pursuant to the Community Redevelopment Law [Part 1 of Division 24 (commencing with Section 33000) of the Health and Safety Code of the State of California] and the powers of the Agency include the power to issue bonds for any of its corporate purposes; and WHEREAS, the Redevelopment Plan for the Central City North Redevelopment Project Area has been adopted and approved by Ordinance No. 3366 of the City of San Bernardino, California (the "City"), which became effective on September 6, 1973, and all requirements of law for and precedent to the adoption and approval of said Redevelopment Plan have been duly complied with; and B168-10 (gl) 8/23/79 San Bernardino 60,005-40-1 WHEREAS, under and pursuant to appropriate resolutions, the Agency has authorized the issuance and sale of $2,800,000 principal amount of Redevelopment Agency of the City of San Bernardino, Central City North Redevelopment Project Area, Tax Allocation Bonds, 1979 Series A (the "Bonds"). NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF SAN BERNARDINO, CALIFORNIA, DOES HEREBY RESOLVE, DETERMINE AND ORDER AS FOLLOWS: Section 1. Approval of Issuance of Bonds. The issuance of $2,800,000 principal amount of "Redevelopment Agency of the City of San Bernardino, Central City North Redevelopment Project Area, Tax Allocation Bonds, 1979 Series A" for the corporate purposes of the Agency to aid in the financing of a portion of the cost of the Central City North Redevelopment Project Area, and for other lawful corporate purposes, is hereby authorized and approved. ADOPTED AND APPROVED this L day of 1979. yor it of Sa ernardino, Calif rni [SEAL] i ~ ATTE~~S//T``: ,C/~ ~LQ/1G~' City Clerk, City o San Bernardino, California -2- B100-1 (gl) 8/23/79 San Bernardino 60,005-40-1 STATE OF CALIFORNIA ) CITY CLERK'S CERTIFICATE COUNTY OF SAN BERNARDINO ) ss. RE ADOPTION OF RESOLUTION CITY OF SAN BERNARDINO ) I. .S~a/ind ~`/ai'.~ City Clerk of the City of San Bernardino, California, DO HEREBY CERTIFY that the foregoing Resolution was duly adopted by said City at a 9 meeting of said City held on the ~ day of , , and that the same was passed and a opted by the ollowing vote, to wit: AYES : MembeY ~ //j~~j --~.1~,.-/~ r~~5 NOES: Members y~yrp~ ABSENT : /e~m~be~~rps ~iibi,Y~ ,ry ABSTAIN: loI"emliex~s ~~.y/~a City erk, City of San Bernardino, California [SEAL] STATE OF CALIFORNIA ) CITY CLERK'S CERTIFICATE COUNTY OF SAN BERNARDINO ) ss. OF AUTHENTICATION CITY OF SAN BERNARDINO ) I, y}/j~yi~A , City Clerk of the City of San Bernardino, Ca i~rnia, DO HEREBY CERTIFY that the above and foregoing is a full, true and correct copy of Resolution No. q of said City and that said Resolution was adopted at the time and by the vote stated on the above certificate, and has not been amended or repealed. City erk, City of San Bernardino, California -3- B168-12 (gl) 8/23/79