HomeMy WebLinkAbout1982-3592,008-3
8/10/82
RESOLUTION NO. 82-359
RESOLUTION OF THE MAYOR AND COMMON COUNCIL
OF THE CITY OF SAN BERNARDINO APPROVING A CER-
TAIN PROJECT AGREEMENT WITH DOANE PRODUCTS
COMPANY, A MISSOURI CORPORATION, AND
AUTHORIZING THE EXECUTION OF VARIOUS DOCU-
MENTS (DOANE PRODUCTS COMPANY)
WHEREAS, there has been filed with the City an Application pursuant
to the provisions of Ordinance No. 3815, as amended, of said City, by Doane
Products Company, a Missouri corporation, requesting the issuance of Industrial
Development Bonds which shall be issued in the principal amount of $4,500,000 in
the form of a tax-exempt construction and permanent loan for the purpose of
financing the costs and expenses of constructing a 50,000 square foot manu-
facturing facility and warehouse for the production of dry pet food, as more
particularly described in said Application; and
WHEREAS, the Mayor and Common Council must now approve and
authorize the execution of various documents and a certain Project Agreement
with Doane Products Company, a Missouri corporation.
NOW, THEREFORE, THE MAYOR AND COMMON COUNCIL OF THE
CITY OF SAN BERNARDINO DO HEREBY FIND, RESOLVE, DETERMINE AND
ORDER AS FOLLOWS:
Section 1. The recitals set forth hereinabove are true and correct in all
respects.
Section 2. The Mayor and Common Council, acting for and on behalf of
the City of San Bernardino, hereby approve the Project Agreement with Doane
Products Company, a Missouri corporation, substantially in the form attached
hereto as "Exhibit All and incorporated herein by reference, with such corrections,
changes, modifications, additions and deletions as may be approved by Bond
Counsel, as defined in the Resolution of Issuance, and recommended to the Mayor
and approved by the Mayor. The execution thereof shall be conclusive evidence of
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approval by the Mayor; and the Mayor and City Clerk are hereby authorized and
directed to execute such final Project Agreement when the same shall have been
prepared for execution, with the seal of the City to be affixed thereto.
Section 3. The Resolution of Issuance is hereby authorized to be
executed and delivered with such corrections, changes, modifications, additions or
deletions as may be approved by Bond Counsel, as defined in the Project
Agreement, and recommended to the Mayor and approved by the Mayor, and the
execution thereof shall be conclusive evidence of his approval.
Section 4. The Mayor, City Clerk, Project Coordinator and any other
City official, officer or employee to the extent necessary under the circumstances,
are hereby authorized to execute any and all documents as may be required to
consummate the transaction contemplated by the Project Agreement in the form
as attached hereto as "Exhibit All and the Resolution of Issuance.
I HEREBY CERTIFY that the foregoing resolution was duly adopted by
the Mayor and Common Council of the City of San Bernardino at a regular
meeting thereof, held on the 16th day of , 1982, by the following
vote, to -wit:
AYES: Councilmen Castaneda, Reilly, Hernandez,
Quiel, Strickler
NOES: None
ABSENT: Council Member Hobbs
ABSTAIN: None
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City/Clerk
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The foregoing
August , 1982.
Approved as to form:
City AttOfney
resolution
day of
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