HomeMy WebLinkAboutReso. 1985 - 137 - Approving the issuance and sale of redding redevelopment agancy canby-hilltop-cypress redevelopment project 411
RESOLUTION NO. g.c- 37
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF REDDING
APPROVING THE ISSUANCE AND SALE OF THE REDDING REDEVELOPMENT
AGENCY CANBY-HILLTOP-CYPRESS REDEVELOPMENT PROJECT TAX
ALLOCATION BONDS , SERIES A.
WHEREAS, the Redding Redevelopment Agency has determined to
issue and sell its Canby-Hilltop-Cypress Redevelopment Project
Tax Allocation Bonds, Series A to aid in financing the Canby-
Hilltop-Cypress Redevelopment Project area in accordance with
Resolution Nos. RRA 85-1 , RRA 85-7 , RRA 85-8 , and RRA 85-9 , duly
adopted by said Agency;
NOW, THEREFORE, BE IT RESOLVED by the City Council of the
City of Redding that the issuance and sale of not to exceed
$6 , 150 ,000 principal amount of Canby-Hilltop-Cypress Redevelop-
ment Project Tax Allocation Bonds , Series A, by the Redding
Redevelopment Agency as provided in said Resolutions Nos. RRA
85-1 , RRA 85-7 , RRA 85-8 , and RRA 85-9 is hereby approved.
I HEREBY CERTIFY that the foregoing resolution was intro-
duced and read at a regular meeting of the City Council of the
City of Redding on the 15th day of July , 1985 , and
was duly adopted at said meeting by the following vote:
AYES: COUNCIL MEMBERS: Demsher, Fulton, Gard, Pugh, & Kirkpatrick
NOES: COUNCIL MEMBERS: None
ABSENT: COUNCIL MEMBERS: None
ABSTAIN: COUNCIL MEMBERS: None
71/11 ita
HOWARD D. KIRKPA.TRICK, Mayor
City of Redding
410
ATTEST:
ETHEL A. NICHOLS , City Clerk
FORM APPROVED:
RA i►ALL A. HAYS , City/Attorney