CC - 1993-50 - Redevelopment Project Area No 1 Tax Allocation BondsRESOLUTION NO. 93-50
•
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
ROSEMEAD APPROVING THE ISSUANCE AND SALE OF NOT TO
EXCEED $35,000,000 AGGREGATE PRINCIPAL AMOUNT OF
ROSEMEAD REDEVELOPMENT AGENCY, REDEVELOPMENT PROJECT
NO. 1 TAX ALLOCATION BONDS, SERIES 1993A AND NOT TO
EXCEED $3,200,000 AGGREGATE PRINCIPAL AMOUNT OF
ROSEMEAD REDEVELOPMENT AGENCY, REDEVELOPMENT PROJECT
NO. 1 TAXABLE TAX ALLOCATION REFUNDING BONDS, SERIES
1993B
WHEREAS, the Rosemead Redevelopment Agency, by its
resolution (the "Resolution"), has authorized the issuance and
sale of not to exceed $35;000,000 aggregate principal amount of
its Rosemead Redevelopment Agency, Redevelopment Project No. 1
Tax Allocation Bonds, Series 1993A and not to exceed $3,200,000
aggregate principal amount of its Rosemead Redevelopment Agency,
Redevelopment Project No. 1 Taxable Tax Allocation Refunding
Bonds, Series 1993B (collectively, the "Bonds"), in order to
provide financing and refinancing for certain improvements
located or to be located in the Agency's Project Area No. 1;
NOW, THEREFORE, BE IT RESOLVED by the City Council of
the City of Rosemead, as follows:
Section 1. The issuance and sale of the Bonds in the
maximum amounts referred to in the preamble hereto by the
Rosemead Redevelopment Agency, in accordance with the terms and
conditions set forth in the Resolution, is hereby approved.
APPROVED AS TO FORM:
vva ~
City Attorney
IAI-54008.1
Section 2. This resolution shall take effect from and
after its adoption and approval.
Res. 93-50 • •
Page 2
CITY CLERK'S CERTIFICATE
I, Janice Warner , City Clerk of the City of Rosemead,
do hereby certify that the foregoing resolution is a full, true
and correct copy of a resolution duly adopted by a vote of a
majority of the members of the City Council of the City of
Rosemead at a meeting of said Council duly and regularly and
legally held at the City of Rosemead, California, on October 12 ,
1993, of which all of such members had due notice, as follows:
rescinded
full force
AYES: Clark, Bruesch, Vasquez
NOES: Taylor
ABSENT: McDonald
ABSTAINED: None
Said resolution has not been amended, modified or
since the date of its adoption and the same is now in
and effect.
Dated: October 13, ' , 1993
_C.P L(ll~-c~J
C Ay Clerk of the City of Rosemead
[Seal]
LA1-54008.1