Loading...
HomeMy WebLinkAbout1980-250 gan'Bernardino 60,005-39-2 RESOLUTION NO. o dSr RESOLUTION OF THE CITY OF SAN BERNARDINO, CALIFORNIA, APPROVING THE FINAL FORM OF THE PRELIMINARY OFFICIAL STATEMENT FOR THE ISSUANCE OF ITS SINGLE FAMILY RESI- DENTIAL MORTGAGE REVENUE BONDS, 1980 SERIES A AND AUTHORIZING THE CONVERSION OF SAME TO THE FINAL OFFICIAL STATEMENT WHEREAS, the City of San Bernardino, California (the "City") , intends to issue and sell Revenue Bonds pur- suant to Ordinance No. 3853 approved by the Mayor and Common Council of the City on August 25, 1979, including any amendments thereto, providing for the issuance of mortgage revenue bonds pursuant to the City Charter powers of the City; and WHEREAS, Revenue Bonds will be issued by the City designated 11$41,625,000 City of San Bernardino, Single Family Residential Mortgage Revenue bonds, 1980 Series A" (the "Bonds") ; and WHEREAS, the City must approve the Preliminary Official Statement prepared in connection with the issuance of the Bonds and authorize its conversion to the Final Official Statement; and WHEREAS, the Mayor and Common Council have heretofore read and are familiar with the contents of the A203-19 (ds) 6/11/80, San Bernardino 60,005-39-2 Preliminary Official Statement attached hereto as Exhibit "A" as was distributed to prospective purchasers of the Bonds . NOW, THEREFORE, THE CITY OF SAN BERNARDINO, CALIFORNIA, DOES HEREBY RESOLVE, DETERMINF AND ORDE:? AS FOLLOWS : Section 1 . The City hereby approves the Preliminary Official Statement in said Exhibit "A" and authorizes its conversion to the Final Official Statement and the distribution of same to the purchasers thereof , with such changes, addenda or supplements as may be approved by Bond Counsel and the City Attorney. -•2- A203-20 (ds) 6/11/80 Sari'Bernardino 60,005-39-1 I HEREBY CERTIFY that the foregoing resolution was duly adopted by the Mayor and Common Council of the City of San Bernardino at a meeting thereof, held r on the A day of , 1980, by the following vote, to-wit: AYES: Council inen NAYS: ABSENT: ` City Clerk The foregoing resol ti n is hereby approved this day of 980 . Mayor of he ity of San Bernardino Approved as to form: 12w,ok 44?!�Ia — C y At rney -3- A203-21 (ds) 6/11/80