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Res17 15559
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Res17 15559
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Last modified
10/11/2019 7:55:53 AM
Creation date
10/11/2019 7:55:53 AM
Metadata
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Template:
CC Index
CC Index - Document Type
Resolution
Meeting Type
Joint
Agency Type
City Council and Successor Agency and Public Financing Authority
Date
1/23/2017
Description
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF REDWOOD CITY AUTHORIZING PROCEEDINGS AND AGREEMENTS RELATING TO THE REFINANCING AND FINANCING OF CERTAIN WATER FACILITIES, APPROVING ISSUANCE AND SALE OF BONDS BY THE CITY OF REDWOOD CITY PUBLIC FINANCING AUTHORITY, APPROVING AN OFFICIAL STATEMENT AND AUTHORIZING OFFICIAL ACTIONS
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01/23/2017 <br />Official Statement describing the Bonds. An Authorized Officer is hereby authorized to execute <br />the final Official Statement in the name and on behalf of the City, including as it may be modified <br />by such additions thereto and changes therein as the Authorized Officers, upon consultation with <br />the City Attorney, disclosure counsel and bond counsel, shall deem necessary, desirable or <br />appropriate, and the execution of the final Official Statement by the Authorized Officers shall be <br />conclusive evidence of the approval of any such additions and changes. <br />Section 6. Official Actions. The Authorized Officers, the City Clerk and any and all <br />other officers of the City are hereby authorized and directed, for and in the name and on behalf <br />of the City, to do any and all things and take any and all actions, including obtaining a rating on <br />the Bonds, a municipal bond insurance policy or a debt reserve fund surety bond, and including <br />execution and delivery of any and all assignments, certificates, requisitions, agreements, notices, <br />consents, instruments of conveyance, warrants and other documents, which they, or any of them, <br />may deem necessary or advisable in order to consummate the transactions as described herein <br />in connection with the issuance and sale of the Bonds. <br />Section 7. Effective Date. This Resolution shall take effect immediately upon <br />adoption. <br />PASSED AND ADOPTED this 23rd day of January, 2017. <br />ATTY/RESO.0009/CC RESO AUTHORIZING WATER REVENUE REFUNDING BOND SERIES 2017 <br />REV: 01-19-1715 <br />Page 3 of 4 <br />RESO. NO. 15559 <br />MUFF NO. 505 <br />
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