HomeMy WebLinkAboutReso. 1984 - 242 - Resolution amending resolution no. 84-222 westwood manor water assessment district no. 1982-9 • •
RESOLUTION NO. FY-041.Z
RESOLUTION AMENDING RESOLUTION NO. 84-222
WESTWOOD MANOR WATER ASSESSMENT DISTRICT NO. 1982-9
The City Council of the City of Redding resolves:
1. Following adoption of Resolution No. 84-222 on October
15, 1984 , the City received additional cash payments on account of
Assessment Nos . 231, 237 , 339 and 388. On the basis of explicit
authorization from Pinal Water Company, the City has accepted late
payments and has filed an Amended Paid and Unpaid List to reflect
payment in full of these four assessments.
2. In preparing the definitive bonds for the subject bond
issue , the City Treasurer is hereby authorized and directed to
delete Bonds Nos . 165, 168 , 245 and 279 corresponding to the
additional paid assessments. A cash disbursement in the amount of
these additional paid assessments shall be made forthwith to Pinal
Water Company or its lawfully designated successors or assigns.
3 . The City is advised by W. Leonard Wingate , attorney
for Pinal Water Company that all required legal actions have been
taken to distribute the assets of Pinal Water Company to the two
sole share holders of Pinal Water Company.
4. In preparing the definitive bonds for issuance and
delivery in exchange for the temporary bond previously delivered,
the City Treasurer is authorized to issue the appropriate bonds to
the respective assignors to Pinal Water Company in accordance with
the distribution of assets. The designation of the registered
holder of each of the definitive bonds shall be made on the basis of
information to he submitted by Mr . Wingate.
I . •
I HEREBY CERTIFY that the foregoing resolution was duly
and regularly adopted by the City Council of the City of Redding ,
Shasta County, California, at a regular meeting thereof, held on the
5th day of November , 1984 .
AYES: Councilmembers Demsher, Fulton & Gard
NOES: Councilmembers None
ABSENT n,Couit embers Kirkpatrick
ABSTAIN: CounciClmember Pugh
ETHEL A. NICHOLS , City Clerk ,
City of Redding, Shasta County, California
By �. (.(
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