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HomeMy WebLinkAboutCC Res 1725 1968-10-21 I I I .- ... .' , . ' " " ~ RESOLUTION NO,'/7a~ RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SEAL BEACH PRO- VIDING FOR THE PAYMENT OF $50,000 TO THE SEAL BEACH AD- MINISTRATION BUILDING AUTHOR- ITY. The City Council of the City of Seal Beach DOES HEREBY RESOLVE AND ORDER as follows: 1. In accordance with the provisions of the Joint Exercise of Powers Agreement Between the City of Seal Beach and Orange County Sanitation District No. 4 Creating the Seal Beach Administration Building Authority, this City Council hereby authorizes and directs the payment of $50,000 to the Seal Beach Administration Building Authority for the purpose of paying a portion of the cost of construction of the facilities to be constructed by the Authority pursuant to said Agreement, 2. The payment of said $50,000 shall be made to Security Pacific National Bank, Trustee under Resolution No. 68-6, Resolution of the Governing Board of the Seal Beach Administration Building Authority Constituting its Indenture Providing the Terms and Conditions for the Issuance of $450,000 Principal Amount of Seal Beach Administration Building Authority Administration Building Revenue Bonds. Said payment shall be made to the Trustee at the same time as the Revenue Bonds issued by the Authority are delivered to the purchaser thereof. 3. The Trustee is hereby directed to deposit said $50,000 in the Construction Fund created by said Resolution. Said $50,000 shall be administered by the Trustee in accordance with the provisions of said Resolution. ADOPTED, SIGNED AND APPROVED this cili..!day of rar~J~ · 1968. P a. ... ...... . yor of the City of Seal Beach of Seal Beach I I I Resolution Number. ... jJ . .,, ~ ". " , STATE OF CALIFORNIA COUNTY OF Orange CITY OF SAR1 RAR~h } ss. I, ~r' ~~ , City Clerk of the City of t'! , California, DO HEREBY CERTIFY that e forego ng resolution was duly adopted by the City Council of said city and was approved by the Mayor of said city at a regular me~e ng of said City Councirheld on the o? / S' day of _~-u , 19h?' , and that 1t was so adopted as fo ows: I _~, AYES, coun<llmen.z:::;::'.' ~---' NOES: Councilmen t2r..-e( ~ ~ -4-..-.-1 ABSENT: Councilmen ~~p Cit~f:rf~r t~ ~~ of SeaU: Beach STATE OF CALIFORNIA COUNTY OF Orange CITY OF Seal Beach ~ ss. I, 9" -IJ~, ~v of the City of ea~ ~ea DO HEREBY CERTIFY that the above and foregoing and correct copy of Resolution No. /7':;;:;- that the same has not been amended or repealed. a~A~~u , 01 ty Clerk , 'California, is a full, true , and DATED: ~.::2-, 1~j7' (SEAL) CitQ~k~~f\rtJi;' or Seal Beach I I I ...... ~. Resolution 'Number ~ , " ~ $TATE OF CALIFORNIA ) COUNTY OF ORANGE ) SS CITY OF SEAL BEACH ) I, Jerdys Weir, City Clerk of the City of Seal Beach, California, hereby certify the attached Resolution Number l725 was passed, approved, and adopted by the City Council of the City of Seal Beach at a meeting thereof held on the 2lst day of October, 1968, by the following vote: AYES: NOES: ABSENT: Councilmen Dreis, Fuhrman, Gummere, Hamilton €ouncilman Anderson None ~:A~1('J 'ttL CyCle