HomeMy WebLinkAboutReso. 1983 - 232 - Authorizing bank and america national trust and savings association to act as registarar transfer agent and paying agent in the transfer and sale of assessment • i
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RESOLUTION NO. s/.1 -.L„3,Z
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF REDDING
AUTHORIZING BANK OF AMERICA NATIONAL TRUST AND SAVINGS
ASSOCIATION 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 assess-
ment district bonds from time to time as the need arises; and
WHEREAS, the City wishes enter into an agreement authorizing
Bank of America National Trust and Savings Association to act as
registrar, transfer agent and paying agent for said assessment
district bonds; and
WHEREAS, a copy of said agreement is attached hereto and
incorporated herein;
NOW, THEREFORE, BE IT RESOLVED by the City Council of the
City of Redding as follows :
1 . Bank of America National Trust and Savings Association
is hereby authorized to act as registrar, transfer agent and
paying agent for assessment district bonds transactions according
to the terms and conditions of the attached agreement.
2. The City Manager and City Clerk by hereby authorized to
execute said agreement on behalf of the City of Redding.
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 21st day of November , 1983,vembINN‘
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was duly adopted at said meeting by the following vote:
AYES: COUNCILMEN: Demsher, Fulton, Kirkpatrick, Pugh, and Gard
NOES: COUNCILMEN: None
ABSENT: COUNCILMEN: None
tee s CAA._ i d0
4•BA•4. ALLEN GARD, Mayor
City of Redding
ATTEST:
ETHEL A. NICHOLS, City Clerk
FORM APPROVED:
RAN ALL A. HAYS, CiAttorney
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