HomeMy WebLinkAboutCC Res 2744 1978-02-27
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RESOLUTION NO. d7~Y
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
SEAL BEACH APPROVING THE ISSUANCE OF TAX
ALLOCATION BONDS, ISSUE OF 1978, BY THE
REDEVELOPMENT AGENCY OF THE CITY OF SEAL BEACH
WHEREAS, the Redevelopment Agency of the City
of Seal Beach (the "Agency") is a redevelopment agency (a
public body, corporate and politic) duly created, established
and authorized to transact business and exercise its powers,
all under and pursuant to the Community Redevelopment Law
[Part I of Division 24 (commencing with Section 33000) of
the Health and Safety Code of the State of California] and
the powers of the Agency include the power to issue bonds
for any of its corporate purposes; and
WHEREAS, the Agency has heretofore adopted
its Resolution entitled:
"Resolution of the Redevelopment Agency of the
City of Seal Beach Authorizing the Issuance of
Tax Allocation Bonds, Issue or 1978, to Aid in
the Financing of a Portion of the Cost of a
Redevelopment project Known as the Riverfront
Redevelopment project and to Retire previously
Issued Notes";
and
WHEREAS, the Agency has heretofore adopted
its Resolution entitled:
"Resolution of the Redevelopment Agency of the
City of Seal Beach Providing for the Sale of
$4,000,000 Principal Amount of Tax Allocation
Bonds".
NOW, THEREFORE, BE IT RESOLVED, DETERMINED AND ORDERED
BY THE CITY COUNCIL OF THE CITY OF SEAL BEACH, AS FOLLOWS:
Section I.
Redevelopment Agency
development Project,
hereby approved.
The issuance by the Agency of $4,000,000
of the City of Seal Beach. Riverfront Re-
Tax Allocation Bonds, Issue of 1978, is
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Resolution Number
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~_;. PASSED, APPROVED AND ADOPTED this4 day of
_'4!Lu "{ , 1978.
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Mayor
Attest:
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PASSED, APPROVED and ADOPTED by the City Counc~ the City
California, at a meeting thereof held on the~day of .
1978, by the following vat.
AYES:
NOES:
ABSENT:
Councilmen
Co'""'''~
Counci lme
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