HomeMy WebLinkAbout1985-119
San Bernardino
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RESOLUTION NO. 85-119
RESOLUTION OF THE MAYOR AND COMMON COUNCIL
OF THE CITY OF SAN BERNARDINO APPROVING
PRELIMINARY OFFICIAL STATEMENT RE IMPROVE-
MENT BONDS FOR ASSESSMENT DISTRICT NO. 961
ASSESSMENT DISTRICT NO. 961
WHEREAS, the Mayor and Common Council of the City
of San Bernardino (the "City") have adopted, on the same
date as the adoption of this Resolution, a Resolution
authorizing the issuance and sale of $13,400,000 principal
amount of "Improvement Bonds, Assessment District No. 961,
Series 1985, City of San Bernardino, California" (the
"Bonds"); and
WHEREAS, there has been prepared and presented to
the Mayor and Common Council a Preliminary Official
Statement; and
WHEREAS, the Mayor and Common Council have review-
ed the Preliminary Official Statement.
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NOW, THEREFORE, BE IT RESOLVED, DETERMINED AND
ORDERED BY THE MAYOR AND COMMON COUNCIL OF THE CITY OF SAN
BERNARDINO AS FOLLOWS:
Section 1. That the Preliminary Official State-
ment presented to the Mayor and Common Council is hereby
approved for distribution in connection with the sale of the
Bonds.
Section 2. That when the information necessary
for the preparation of a Final Official Statement is known,
the Mayor and Common Council hereby authorize and direct
Miller & Schroeder Municipals, Inc. (the "Underwriter"), to
prepare a Final Official Statement. The Final Official
Statement shall be in substantially the form of the Pre li-
minary Official Statement presented to the Mayor and Common
Council, with such corrections, changes, modifications,
additions or deletions as may be proposed and approved by
the Underwriter, and approved by the City Attorney and Bond
Counsel to the Mayor (or such other officer or employee of
the City as the Mayor may designate), and approved by the
Mayor or such designated officer or employee. The Mayor, or
such designated officer or employee, as the case may be, is
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San Bernardino
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hereby authorized and directed to execute the Final Official
Statement when prepared in final form for use in connection
with the delivery of the Bonds to the purchasers thereof,
and such execution shall be conclusive evidence of the
Mayor's or such designated officer's or employee's, as the
case may be, approval of the Final Official Statement.
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San Bernardino
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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 an adjourned regular meeting thereof, held
on the 19th day of March, 1985, by the following vote:
AYES:
Councilmen:
Castaneda. Reillv. Marks.
Oll;e1 Frazier. Strickler
NAYS:
COllncil Member Hernandez
ABSENT:
None
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The foregoing Resolution is hereby approved this
~~~ day of March, 1985.
APPROVED AS TO FORM:
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26-CI-JWB-402.18
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