HomeMy WebLinkAboutReso 1989-1405213018 13 JHHW:CFA:d~ April 11, 1989 F8541
RESOLUTION NO. 14052
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
CHULA VISTA APPROVING THE ISSUANCE OF NOT TO EXCEED
$5,400,000 PRINCIPAL AMOUNT OF BOND ANTICIPATION
NOTES BY THE REDEVELOPMENT AGENCY OF THE CITY OF
CHULA VISTA
WHEREAS, the Redevelopment Agency of the City of Chula Vista (the "Agency")
is undertaking to issue its Bayfront/Town Centre Redevelopmerit Project 1989 Bond
Anticipation Notes, Series A. in an aggregate principal amount of not to exceed
$5,400,000 (the "Notes") for the purpose of refunding a like aggregate principal amount of
the 1986 Tax Allocation Bonds of the Agency and thereby extending the period during
which the remaining proceeds of such bonds may continue to be available to the Agency
in connection with the Bayfront/Town Centre Redevelopment Project of the Agency; and
WHEREAS, in accordance with the requirements of Section 33640 of the
California Health and Safety Code. the City Council wishes at this time to approve the
issuance of the Notes by the Agency;
NOW, THEREFORE, BE IT RESOLVED, DETERMINED AND ORDERED by
the City Council of the City of Chula Vista that the issuance of the Notes by the Agency
be and is hereby approve&
PASSED AND ADOPTED by the City Council of the City of Chula Vista at a
regular meeting thereof held on the 20th day of April, 1989.
AYES: McCandliss, Nader, Cox, Moore
NOES: None
: acorn
Approved as to form by
ADOPTED AND APPROVED BY THE CITY COUNCIL OF THE CITY OF
C, ,dLA VISTA, CALIFORNIA, this 18th day Of April
19 89 , by the following vole, to-wit:
AYES; Councilmembers McCandllss, Nad. er, Cox, Moore
NAYES: Counci 1 members None
ABSTAIN: Counci linetubers ~o~e
A~ENT: Council members Malcolm
~e C~' afro Vista
ATTE
tyC~ Clerk ~/
S .,'E OF CALIFORNIA )
COUNTY OF SAN DIEGO ) ss.
CITY OF CHULA VISTA )
I, JENNIE M. FULASZ, CMC, CITY CLERK of the City of Chula Vista, California,
DO HEREBY CERTIFY that the above and foregoing is o full, true and correct copy of
RESOLUTION N0. 14052 ,and that the some has not been amended or repealed
DATED
City Clerk
CC-660