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HomeMy WebLinkAboutRDA Res 86-14 1986-09-08 RESOLUTION NO. 86-14 A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF SEAL BEACH TAKING FURTHER ACTIONS IN CONNECTION WITH THE ISSUANCE OF BONDS BY THE AGENCY III THE REDEVELOPMENT AGENCY OF THE CITY OF SEAL BEACH HEREBY FINDS, DETERMINES, RESOLVES AND ORDERS AS FOLLOWS: Section l. The Agency has on the date hereof adopted its Resolutions providing for the issuance and sale of its Redevelopment Agency of the City of Seal Beach, Riverfront Redevelopment Project, Tax Allocation Bonds, Issue of 1986. The Agency's Financial Consultant, Miller & Schroeder Financial, Inc., has expressed a desire to bid on the Bonds at the public sale thereof. The Agency hereby expressly consents to the acquisition of the Bonds by Miller & Schroeder Financial, Inc., as principal, either alone or as a participant in an account I formed for the purpose of purchasing the Bonds from the Agency. Section 2. Notwithstanding any provision of the Bylaws of the Agency to the contrary, the Bonds shall be executed in accordance with the Resolutions authorizing the issuance and providing for the sale of such Bonds. Section 3. Resolution No. 86-9 of the Agency is hereby repealed. r-A PASSED APPROVED ~"./d , 1986, by AYES: Agency Members and ADOPTED this ~day of NOES: Agency Members .1 ABSENT: Agency Members GI____ i'.-'l~ > Chairman Resolution Number @(,-/./ STATE OF CALIFORNIA) COUNTY OF ORANGE ) SS CITY OF SEAL BEACH ) I, Joanne M. Yeo, City Clerk of the City of Seal Beach, California, and Secretary to the Seal Beach Redevelopment Agency, do hereby certify that the fore~~ing.lesolution is an original copy of Resolution Number ~-/~ on file in the office of the city Clerk, passec, ap, rav an adopted by the Seal Beach Rede.xe.lopment Age t a . eet.ing . thereof held on the atg. day of , 1987. I I I.