Res12 15238 - Laserfiche WebLink

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NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Redwood City, acting in its capacity as the legislative body of the District, as follows: Section 1. The City Council, acting in its capacity as the legislative body of the District, hereby approves the Escrow Instructions in the form presented to the City Council at this meeting. The Director of Finance, the City Manager or such other person or persons as either of them may designate (cotlectively, the "Authorized Officers") are each hereby authorized and directed to execute each of the Escrow Instructions, for and in the name and on behalf of the District, in such form, together with any additions thereto or changes therein deemed necessary or advisable by the Authorized Officer executing such document upon consultation with the City Attorney and Nossaman LLP, as bond counsel ("Bond Counsel"). The City Council hereby authorizes the delivery and performance by the District of the Escrow Instructions. Section 2. All actions heretofore taken by the officers and agents of the City and the District with respect to the sale and issuance of bonds to refund the Prior Bonds are hereby approved, confirmed and ratified, and the proper officers of the District are each hereby authorized and directed to do any and all things and take any and all actions and execute any and all certificates, agreements and other documents, which they, or any of them, may deem necessary or advisable in order to consummate the refunding of the Prior Bonds in accordance with this Resolution, and any certificate, agreement, and other document described in the documents herein approved. Any document herein approved and executed and delivered by any one of the Authorized Officers shall be a valid and binding agreement of the District. Section 3. This Resolution shall take effect upon its adoption. PASSED AND ADOPTED this 3rd day of December, 2012. ATTY/RES0.2810/COMMUNITY FACILITIES DISTRICT N0.99-1 2