HomeMy WebLinkAbout201 RDA_CCv0001.pdf RESOLUTION NO. 201
RESOLUTION OF THE REDEVELOPMENT AGENCY OF
THE CITY OF REDLANDS AWARDING THE SALE OF
ITS REDLANDS REDEVELOPMENT PROJECT 1987
SUBORDINATE TAX ALLOCATION BONDS
WHEREAS, the Redevelopment Agency of the City of
Redlands by Resolution No. 200 authorized the issuance of
$9,385,000 principal amount of its Redlands Redevelopment
Project 1987 Subordinate Tax Allocation Bonds (the "Bonds" )
to finance the cost of certain public improvements in the
Redlands Redevelopment Project; and
WHEREAS, the Agency authorized the sale of the
Bonds by Resolution No. 199 , including the publication of a
notice inviting bids on the Bonds, which bids were to be
received and considered by the Agency on March 17, 1987 .
NOW, THEREFORE, BE IT RESOLVED, DE'T'ERMINED AND
ORDERED BY THE REDEVELOPMENT AGENCY OF THE CITY OF REDLANDS
AS FOLLOWS:
Section 1 . Award of Bonds . In accordance with the
provisions of Resolution No. 199, the Agency has caused all
bids for the Bonds to be received, opened and presented to
it in the manner set forth in Resolution No. 199 and based
on an examination of said bids, hereby accepts the bid of
Smith Barney, Harris Upham & Associates for the purchase of
$9, 385,000 principal amount of the Bonds in accordance with
the terms and provisions of said bid and awards the sale of
the Bonds to said bidder .
Section 2 . Effective Date. This Resolution shall
take effect upon adoption.
APPROVED, PASSED AND ADOPTED this 17th day of
March, 1987 .
Chairperson of the Redevelopment
Agency of the City of Redlands
ATTEST:
Secret ry ofedevelopment
Agency of the` ` y of Redlands
STATE OF CALIFORNIA
COUNTY OF SAN BERNARDINO SS,
CITY OF REDLANDS
I , LORRIE POYZER, Secretary for the Redevelopment
Agency of the City of Redlands, do hereby certify that the
above and foregoing Resolution was duly passed and adopted
by the Redevelopment Agency of the City of Redlands , at a
regular meeting thereof, held on the 17th day of March, 1987
by the following vote to wit :
AYES: Members Larsen, DeMirjyn, Wormser;
Chairman Beswick
NOES: None
ABSENT: Member Johnson
IN WITNESS WHEREOF, I have hereunto set my hand and
affixed the official seal of said Agency on this 17th - day
of March, 1987 .
Lor1—e T yzer , S�Vary for
the Rede.#elopmen agency of
the City of Redlands
-2-
SKH0282
I, Lorre Royer, Secretary of the Redevelopment Agency
of t1le City of Redlands, California, do hereby certify that
the foregoing Resolution No. 201 was regularly introduced and
adopted by the Redevelopment Agency of the City of Redlands,
California, at a regular meeting thereof held on the 17th day
of March, 1987 , by the following vote:
AYES: Members Larsen, Demirjyn, Wormser;
Chairman Beswick
NOES: None
ABSENT: Member Johnson
ABSTAINED: None
IN WITNESS WHEREOF, I have hereunto set my hand and
affixed the official seal of the Redevelopment Agency of the
City of Redlands, California, this 30th day of March, 1987.
Secretary of the
Redevelopment Agency of the
City of Redlands, California