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
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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.
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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
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