HomeMy WebLinkAboutReso. 1985 - 146 - Approving the sale of the redding redevelopment agency canby/hilltop/cypress redevelopment project lir It y • •
RESOLUTION NO.0/V(.
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF REDDING
APPROVING THE SALE OF THE REDDING REDEVELOPMENT AGENCY
CANBY/HILLTOP/CYPRESS REDEVELOPMENT PROJECT TAX ALLOCATION
BONDS , SERIES A.
WHEREAS, the Redding Redevelopment Agency has determined to
sell its Canby/Hilltop/Cypress Redevelopment Project Tax Alloca-
tion Bonds , Series A, to provide funds to aid in financing the
Canby/Hilltop/Cypress Redevelopment Project in accordance with
Resolution No. RRA85-10 , duly adopted by said Agency;
NOW, THEREFORE, BE IT RESOLVED by the City Council of the
City of Redding that the sale of $6 , 150 , 000 . 00 principal amount
of Canby/Hilltop/Cypress Redevelopment Project Tax Allocation
Bonds , Series A, by the Redding Redevelopment Agency as provided
in said Resolution No. RRA85-10 , is hereby approved.
I HEREBY CERTIFY that the foregoing resolution was intro-
duced and read at an special meeting of the City Council of the
City of Redding on the 29th day of July , 1985 , and
was duly adopted at said meeting by the following vote :
AYES: COUNCIL MEMBERS: Gard, Pugh, & Kirkpatrick
NOES: COUNCIL MEMBERS: None
ABSENT: COUNCIL MEMBERS: Demsher & Fulton
ABSTAIN: COUNCIL MEMBERS : None
*116V‘41;)elhEettt
HOWARD D. KIRKPATRICK, Mayor
City of Redding
ATTEST:
NI
4.6;015-?. CHOLS , CiteClerk �,-:
O
S
FORM APPROVED:
" DALL A. HAYS, CIky Attorney
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