HomeMy WebLinkAbout99-166 - ResolutionsRESOLUTION NO. 99-166
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
RANCHO CUCAMONGAAPPROVING THE ISSUANCE AND SALE
OF RANCHO CUCAMONGA REDEVELOPMENT AGENCY,
RANCHO REDEVELOPMENT PROJECT, 1999 TAX ALLOCATION
REFUNDING BONDS
RECITALS:
The Rancho Cucamonga Redevelopment Agency (the "Agency") has proposed to
issue bonds (the "Bonds") pursuant to its Resolution entitled "A Resolution of the Rancho
Cucamonga Redevelopment Agency Authorizing the Issuance of the Agency's Rancho
Redevelopment Project, 1999 Tax Allocation Refunding Bonds, and the Execution and Delivery of
a Supplemental Indenture, a Continuing Disclosure Agreement, a Purchase Agreement and an
Official Statement and Approving a Preliminary Official Statement," a copy of which has been
presented to the. City Council at this meeting and a copy of which is now on file in the office of the
Secretary of the Agency.
NOW THEREFORE, THE CITY COUNCIL OF THE CITY OF RANCHO
CUCAMONGA HEREBY FINDS, DETERMINES, RESOLVES AND ORDERS AS FOLLOWS:
SECTION 1.
The issuance and sale of the Bonds by the Agency, in
accordance with the terms and conditions set forth in the
Agency Resolution described in the recitals hereof, is hereby
approved.
SECTION 2. This resolution shall take effect immediately upon adoption.
PASSED, APPROVED, AND ADOPTED this 21st day of July, 1999.
Alexander, Biane, Curatalo, Dutton, Williams
AYES:
NOES: None
ABSENT: None
ABSTAINED: None
William J. Alex~!er, Mayor
Resolution No. 99-166
Page 2
A'R'EST:
Deb~a~Cl~l~, city c~~~le~~
I, DEBRA J. ADAMS, CITY CLERK of the City of Rancho Cucamonga, California,
do hereby certify that the foregoing Resolution was duly passed, approved and adopted by the City
Council of the City of Rancho Cucamonga, California, at a regular meeting of said City Council held
on the 21't day of July, 1999.
Executed this 22® day of July, 1999, at Rancho Cucamonga, California.
Debra J. Adalm~, CMC, City Clerk