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Res87 10551
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Res87 10551
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Last modified
10/11/2019 1:47:17 PM
Creation date
10/11/2019 1:47:16 PM
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Template:
CC Index
CC Index - Document Type
Resolution
Date
7/6/1987
Description
0 551 JUL 6 19B7 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF REDWOOD CITY AUTHORIZING THE ISSUANCE OF $4, 615, 000 CITY OF REDWOOD CITY MULTIFAMILY HOUSING REVENUE REFUNDING BONDS, SERIES A 1987 (GNMA COLLATERALIZED - REDWOOD PLAZA PROJECT) AN D $300, 000 CITY OF REDWOOD CITY MULTIFAMILY HOUSING REFUNDING REVENUE BONDS, SERIES B 1987 (REDWOOD PLAZA PROJECT) APPOINTING TRUSTEE AND APPROVING AND AUTHORIZING THE EXECUTION OF DOCUMENTS RESOLVED, by the City Council of the City of Redwood City, California, that;
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<br />Section 10. Reauisitions. The Housing Officer of the City, or his designee, or the <br />City Manager, or his designee. are each hereby authorized and directed to execute one or <br />more requisitions authorizing the designated trustee under the Indenture, to pay the cost of <br />issuing the Bonds from the proceeds of the Bonds pursuant to the Indenture. <br /> <br />Section 11. Other Acts. The officers of the City are hereby authorized and <br />directed, jointly and severally, to do any and all things, to execute and deliver any and all <br />documents. including but not limited to, a final Official Statement relating to the Bonds, <br />which they may deem necessary or advisable in order to consummate the issuance, sale <br />and delivery of the Bonds, or otherwise to effectuate the purposes of this Resolution, and <br />such actions previously taken by such officers are hereby ratified and confirmed. <br /> <br />-4- <br />
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