HomeMy WebLinkAboutReso 1990-138 - Authorizing bankers trust of california to act as registar •
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RESOLUTION NO. 70- 1.38
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF REDDING AUTHORIZING BANKERS TRUST OF
CALIFORNIA TO ACT AS REGISTRAR, TRANSFER
AGENT, AND PAYING AGENT IN THE TRANSFER AND
SALE OF ASSESSMENT DISTRICT BONDS AND
AUTHORIZING THE CITY MANAGER AND CITY CLERK TO
EXECUTE THE AGREEMENT PERTAINING THERETO.
WHEREAS, the City of Redding is authorized to issue assessment
district bonds from time to time as the need arises; and
WHEREAS, the City wishes to enter into an agreement
authorizing Bankers Trust of California to act as registrar,
transfer agent, and paying agent for said assessment district
bonds, and
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City
of Redding as follows:
1 . Bankers Trust of California is hereby authorized to act as
registrar, transfer agent, and paying agent for assessment district
bond transactions.
2 . The City Manager and City Clerk be hereby authorized to
execute said agreement on behalf of the City of Redding.
I HEREBY CERTIFY that the foregoing Resolution was introduced
and read at a regular meeting of the City Council of the City of
Redding on the 3rd day of April , 1990 , and was duly
adopted at said meeting by the following vote:
1
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AYES: COUNCIL MEMBERS: Dahi , Fulton, Johannessen, & Buffum
NOES: COUNCIL MEMBERS: None
ABSENT: COUNCIL MEMBERS: Carter
ABSTAIN: COUNCIL MEMBERS: None
N CY B , Vic ayor
ATTEST:
ETHEL A. NICHOLS, City Clerk
FORM APPROVAL:
7414Wg.
RANDALL A. HAYS, ity Attorney