HomeMy WebLinkAboutCC Res 1725 1968-10-21
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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 $50,000 shall be administered by the Trustee in accordance
with the provisions of said Resolution.
ADOPTED, SIGNED AND APPROVED this cili..!day of
rar~J~ · 1968. P a. ... ...... .
yor of the City of Seal Beach
of Seal Beach
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Resolution Number.
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STATE OF CALIFORNIA
COUNTY OF Orange
CITY OF SAR1 RAR~h
} ss.
I, ~r' ~~ , City Clerk
of the City of t'! , California,
DO HEREBY CERTIFY that e forego ng resolution was duly
adopted by the City Council of said city and was approved by
the Mayor of said city at a regular
me~e ng of said City Councirheld on the o? / S' day of
_~-u , 19h?' , and that 1t was so adopted as
fo ows: I _~,
AYES, coun<llmen.z:::;::'.' ~---'
NOES: Councilmen t2r..-e( ~ ~ -4-..-.-1
ABSENT:
Councilmen ~~p
Cit~f:rf~r t~ ~~ of
SeaU: Beach
STATE OF CALIFORNIA
COUNTY OF Orange
CITY OF Seal Beach
~ ss.
I, 9" -IJ~, ~v
of the City of ea~ ~ea
DO HEREBY CERTIFY that the above and foregoing
and correct copy of Resolution No. /7':;;:;-
that the same has not been amended or repealed.
a~A~~u
, 01 ty Clerk
, 'California,
is a full, true
, and
DATED:
~.::2-, 1~j7'
(SEAL)
CitQ~k~~f\rtJi;' or
Seal Beach
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Resolution 'Number
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$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
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CyCle