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60,005-52-1
RESOLUTION NO. f'/-"/7
RESOLUTION OF THE MAYOR AND COMMON COUNCIL
OF THE CITY OF SAN BERNARDINO, CALIFORNIA,
APPROVING THE ISSUANCE BY THE REDEVELOPMENT
AGENCY OF THE CITY OF SAN BERNARDINO OF ITS
$1,800,000 REDEVELOPMENT AGENCY OF THE CITY
. OF SAN BERNARDINO, CENTRAL CITY SOUTH,
TAX ALLOCATION REFUNDING BONDS, ISSUE
OF 1981, SERIES A, AND MAKING CERTAIN
DETERMINATIONS RELATING THERETO.
WHEREAS, the Redevelopment Agency of the City of
San Bernardino (the .Agency.), i8 a redeveloPment agency (a
public body, corporate and politic) duly created, established
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 a redevelopment
project known and designated as "Central City South" has
been adopted and approved by Ordinance No. 3572 of the
City of San Bernardino, which became effective on June 4,
1976, and all requirements of law for and precedent to the
adoption and approval of the Redevelopment Plan have been duly
complied with; and
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60,005-52-1
WHEREAS, the Agency has adopted Resoiution No.
113>5'"" entitled:
"RESOLUTION OF THE REDEVELOPMENT AGENCY OF
~ITY'OF SAN BERNARDINO AUTHORIZING THE
ISSUANCE OF $1,800,000 PRINCIPAL AMOUNT
OF TAX ALLOCATION REFUNDING BONDS OF SAID
AGENCY TO REFUND PREVIOUSLY ISSUED BONDS
ISSUED FOR A REDEVELOPMENT PROJECT KNOWN
AS CENTRAL CITY SOUTH"
I and
WHEREAS, under and pursuant to the above Reso-
lution, the Agency has authorized the issuance and sale of
$1,800,000 Redevelopment Agency of the City of San Bernardino,
Central City South, Tax Allocation Refunding Bonds, Issue
of 1981, Series A (the "Bonds").
NOW, THEREFORE, THE MAYOR AND COMMON COUNCIL OF
THE CITY OF SAN BERNARDINO, CALIFORNIA, DO HEREBY RESOLVE,
DETERMINE AND ORDER AS FOLLOWS:
Section 1. Approval of Issuance of Bonds. The
issuance of $1,800,000 principal amount of "Redevelopment
Agency of the City of San Bernardino, Central City South,
Tax Allocation Refunding Bonds, Issue of 1981, Series
A," for the corporate purposes of the Agency aiding in the
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60,005-52-1
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financing of Central City South, and for other purposes
related thereto, all of which constitute a .redevelopment
activity., as such term is defined in Health and Safety Code
Section 33678, is hereby authorized and approved.
Section 2. Effective Date. This Resolution shall
take effect upon adoption.
.
3.
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60,005-52-1
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I HEREBY CERTIFY that the foregoing Resolution was
duly adopted by the Mayor and Common Council of the City of
San Bernardino at a
o1d day 0: J2~u~'j-
wit:
A/!HA.u meeting
, 1981, by the
thereof, held on the
following vote, to
ABSENT:
Councilmen: ~"~'~" 1'i-.M~;hu.ir
W;;""f ~,(-4 Ai-;M:,)
~ I .
C~JJJL~)
AYES:
NAYS:
~/4/t1/&~
Cl.ty Clerk
~ day of
Resolution is hereby approved this.
, 1981.
San Ber
APPROVED AS TO FORM:
~~.~
C ty Att rney
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