HomeMy WebLinkAboutReso 1986-12474 13018.-12 JHHW:CFA ;05/05/ar1: F6255
RESOLUTION NO. 12474
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA
APPROVING THE ISSUANCE OF $38,655,000 BAYFRONT/TOWN
CENTRE REDEVELOPMENT PROJECT 1986 TAX ALLOCATION BONDS
BY THE REDEVELOPMENT AGENCY OF THE CITY OF CHULA VISTA
WHEREAS, the Redevelopment Agency of Chula Vista (the "Agency") is a
duly constituted public body, corporate and politic, established pursuant to
the Community Redevelopment Law of the State of California (the "Law"); and
WHEREAS, pursuant to the Law, the Agency has duly authorized the
issuance of its Redevelopment Agency of the City of Chula Vista
Bayfront/Town Centre Redevelopment Project 1986 Tax Allocation Bonds in the
aggregate principal amount of $38,655,000 (the "Bonds") for purpose of
financing the redevelopment of the Bayfront Redevelopment Project and the
Town Centre Redevelopment Project; and
WHEREAS, the Agency plans to award the sale of the Bonds following the
receipt of bids therefor on May 15, 1986, pursuant to and in accordance with
the Official Notice of Sale dated May 5, 1986, relating to the Bonds; and
WHEREAS, pursuant to the Law the City Council of the City of Chula
Vista has reviewed said financing and wishes to declare its approval thereof
in accordance with Section 33640 of the Law;
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Chula
Vista that said issuance and sale of the Bonds by the Agency is hereby
approved.
ul G. D~srodhers, Com~nit~-- - on, Agency Attorney
Development Director
ADOPTED AND APPROVED BY THE CITY COUNCIL OF THE CITY OF
CHULA VISTA, CALIFORNIA, this 1,Sth d~J of Maiy
19 R~ , by the following vote, to--wit:
AYES: Councilmembers Malcolm,-Moore, Campbell, McCandliss, Cox
NAYES: Councllmembers None
ABSTAIN: Counci 1members None
ABSENT: Councilmembers None
~/ ~' Ch~ua vista
~/"~~~: Mayor ~ ,11~ City of
ATTEST. ·
City ~lerk'
STATE OF CALIFORNIA )
COUNTY OF SAN DEGO ) ss.
CITY OF CHULA VISTA )
I, JENNIE M. FULASZ, CMC, CITY CLERK of the City of Chula Vista, Colitornio,
DO HEREBY CERTIFY that the above and f:oregoing is (3 full, true and correct copy of:
RESOLUTION NO. 12474
,and that the some has not been amended or repealed
DATED
City Clerk
criY OF
CHULA VISTA
CC-660