HomeMy WebLinkAbout1981-104 San Bernardino
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RESOLUTION NO.
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
$5, 600, 000 REDEVELOPMENT AGENCY OF THE CITY
OF SAN BERNARDINO, SOUTHEAST INDUSTRIAL PARK
REDEVELOPMENT PROJECT AREA, 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") , is 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 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 require-
ments of law for and precedent to the adoption and approval
of the Redevelopment Plan have been duly complied with; and
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WHEREAS, the Agency has adopted Resolution No.
entitled :
"RESOLUTION OF THE REDEVELOPMENT AGENCY OF
CITY OF SAN BERNARDINO AUTHORIZING THE
ISSUANCE OF $5, 600, 000 PRINCIPAL AMOUNT
OF TAX ALLOCATION REFUNDING BONDS OF SAID
AGENCY TO REFUND PREVIOUSLY ISSUED BONDS
ISSUED FOR A REDEVELOPMENT PROJECT KNOWN
AS SOUTHEAST INDUSTRIAL PARK REDEVELOPMENT
PROJECT AREA"
and
WHEREAS, under and pursuant to the above Reso-
lution, the Agency has authorized the issuance and sale of
$5, 600, 000 Redevelopment Agency of the City of San Bernardino,
Southeast Industrial Park Redevelopment Project Area, 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 $5, 600, 000 principal amount of "Redevelopment
Agency of the City of San Bernardino, Southeast Industrial
Park Redevelopment Project Area, Tax Allocation Refunding
Bonds, Issue of 1981, Series A, " for the corporate purposes
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San Bernardino
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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 "redevelop-
ment 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.
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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 meeting thereof, held on
the ql�l day of 1981 , by the following vote,
to wit:
AYES: Councilmen: r
c
NAYS:
ABSENT: s
Ci y Clerk
The foregoing Resolution is hereby approved
this day of 1981 .
of t e City
S Ber ardino
APPROVED AS TO FORM:
City A torney
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