Resolution 1985-73
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RESOLUTION NO. 85- 73
A RESOLUTION AWARDING SALE OF REFUNDING BONDS
LAS ANIMAS TECHNOLOGY PARK ASSESSMENT DISTRICT
REASSESSMENT AND REFUNDING
RESOLVED, by the City Council of the City of Gilroy, California,
that
WHEREAS, this Council determined to issue serial bonds to refund
that certain issue of special assessment bonds entitled "Las Animas
Technology Park Assessment District" issued by this Council pursuant to
its Resolution No. 82-67, A Resolution Determining Unpaid Assessments
and Providing for Issuance of Bonds, adopted on May 3, 1982, in
proceedings conducted pursuant to its Resolution No. 82-13, A Resolution
of Intention to Acquire and Construct Improvements, adopted on
February 1, 1982, as amended; and
WHEREAS, the City Clerk has received a written offer for the
purchase of said refunding bonds, and, in the opinion of this Council,
the best interests of the reassessment district will not be served by
soliciting additional offers therefor;
NOW, THEREFORE, THIS COUNCIL HEREBY ORDERS, as follows:
l. That the sale of said refunding bonds is hereby awarded to
, - BERG
WULFF,HANSEN & CO. and STONE & YOUN9 subject to all of the terms and
conditions set forth in said written offer for the purchase of said
re fund ing bonds.
2. That said refunding bonds be prepared in accordance with the
proceedings of this Council and that the same be executed and delivered
to said purchaser upon receipt of the purchase price therefor and upon
the performance of the conditions contained in said written offer.
RESOLUTION NO. 85 - 73
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I hereby certify that the foregoing resolution was duly and
regularly adopted and passed by the City Council of the City of Gilroy,
California, at a regular meeting thereof held on the 21st day of
October, 1985, by the following vote of the members thereof:
AYES, and in favor thereof, Councilmembers:ALBERT, GAGE, KLOECKER,
}lliSSALLEM, PATE, VALDEZ and HUGHAN.
NOES, Councilmembers:
None
ABSENT, Councilmembers:
None
APPROVED:
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RESOLUTION NO. 85 - 73