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HomeMy WebLinkAbout04-094 - Resolutions RESOLUTION NO. 04-094 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO CUCAMONGA, CALIFORNIA, APPROVING THE ISSUANCE AND SALE OF RANCHO CUCAMONGA REDEVELOPMENT AGENCY RANCHO CUCAMONGA REDEVELOPMENT PROJECT 2004 TAX ALLOCATION BONDS RECITALS: A. 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 Cucamonga Project 2004 Tax Allocation Bonds, and the Execution and Delivery of a Supplemental Indenture, a Continuing Disclosure Agreement, a Composite 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 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. Please see the following page for formal adoption,certification and signatures Resolution No. 04-094 Page 2 of 2 PASSED, APPROVED, AND ADOPTED this 17'h day of March 2004. AYES: Alexander, Gutierrez, Howdyshell, Kurth, Williams NOES: None ABSENT: None ABSTAINED: None William J. Ale nder, Mayor ATTEST: Debra J. Ada s ' MC, City Clerk 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 17`h day of March 2004. Executed this 18`h day of March 2004, at Rancho Cucamonga, California. Debra J. Adams, , City Clerk