HomeMy WebLinkAbout1985-253
.
o
Q
Q
,
2,166-4/0770S/jvz
6/21/85
RESOLUTION NO. 85-253
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 $2,000,000 REDEVELOPMENT
AGENCY OF THE CITY OF SAN BERNARDINO, SOUTHEAST
INDUSTRIAL PARK REDEVELOPMENT PROJECT AREA, TAX
ALLOCATION BONDS, ISSUE OF 1985, AND MAKING
CERTAIN DETERMINATIONS RELATING THERETO
WHEREAS,
the
the Ci ty of
Redevelopment Agency of
San Bernardino (the "Agency"), is a redevelopment agency (a public
body,
and politic)
corporate
duly created,
established and
authorized to transact business and exercise its powers, all under
and pursuant to the Community Redevelopment Law [Part I 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 the "Southeast Industrial Park Redevelopment
Project Area" has been adopted and approved by Ordinance No. 3583 of
the City of San Bernardino, which became effective on July 24, 1976,
and all requirements of law for and precedent to the adoption and
approval of the Redevelopment Plan have been duly complied with; and
WHEREAS, the Agency has adopted its Resolution entitled:
- I -
(')
$c.
c
c
c
,
"SUPPLEMENTAL RESOLUTION OF THE COMMUNITY
DEVELOPMENT COMMISSION OF THE CITY OF SAN
BERNARDINO AUTHORIZING THE ISSUANCE OF $2,000,000
PRINCIPAL AMOUNT OF TAX ALLOCATION BONDS OF THE
REDEVELOPMENT AGENCY OF THE CITY OF SAN
BERNARDINO FOR THE CORPORATE PURPOSES OF THE
AGENCY TO AID IN THE FINANCING OF A PORTION OF
THE COST OF A REDEVELOPMENT PROJECT KNOWN AS
SOUTHEAST INDUSTRIAL PARK REDEVELOPMENT PROJECT
AREA"
; and
WHEREAS, under and pursuant to the above Resolution the
Agency has authorized the issuance of $2,000,000 Redevelopment
Agency of the City of San Bernardino, Southeast Industrial Park
Redevelopment Project Area, Tax Allocation Bonds, Issue of 1985 (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
$2,000,000 principal amount of "Redevelopment Agency of the City of
San Bernardino, Southeast Industrial Park Redevelopment Project
Area, Tax Allocation Bonds, Issue of 1985" for the corporate
purposes of the Agency aiding in the financing of the Southeast
Industrial Park Redevelopment Project Area, 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 pursuant to Health and Safety Code
Section 33640.
- 2 ~
o
o
c
,
i
Section 2.
Effective Date.
This Resolution shall take
effect upon adoption.
I HEREBY CERTIFY that the foregoing
adopted by the Mayor and Common Council
San Bernardino at a
held on the , cr day of
the following vote, to wit:
resolution
of the
meeting
Y'Pogl11Rr
.lnly
AYES:
Council Members Estrada. Reillv. Marks.
NAYS:
ABSENT:
day of
The foregoing
Julv
resolution is hereby approved this
, 1985.
Approved as to form:
1t,,~CY (!fI.,'" S ,~
8y~~ ~~
Quiel. Frazier. Strickler
None
was duly
Ci ty of
thereof,
1985, by
Council Member Hernandez
~/47//A4t,.
CitY Clerk
271/
t~~i?<'~
San Bernardino
- 3 -