HomeMy WebLinkAboutReso. 1980 - 202 - Appointing paying agent - Mountain Lakes Industrial Park Unit no. 3 Assessment District no. 1980-2 •
1! RESOLUTION NO. gip - y0 2_
7
RESOLUTION APPOINTING PAYING AGENT
Mountain Lakes Industrial Park Unit No. 3
Assessment District No. 1980-2
The City Council of the City of Redding resolves :
1. The City Council has authorized issuance of bonds under
the Improvement Bond Act of 1915 of the State of California in Mountain
Lakes Industrial Park Unit No. 3 Assessment District No. 1980-2 .
2 . The City of Redding has entered into an agreement with
the Bank of America National Trust and Savings Association, by which
said Bank will act as paying agent for the bonds of the City of Redding.
3 . Bank of America National Trust and Savings Association,
Main Office, San Francisco, California, is hereby appointed paying agent
for bonds issued in said assessment district, and said Bank shall be paid
in accordance with the existing agreement between said City of Redding
and said Bank of America National Trust and Savings Association.
4 . The City Clerk of the City of Redding is hereby directed
to file a certified copy of this resolution with the Bank of America
National Trust and Savings Association, Corporate Agency Division, Bank
of America Center , P.O. Box 37000, San Francisco, California 94137 .
*
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 2nd day
of September, 1980.
AYES : Councilmembers Demsher, Fulton, Gard, Kirkpatrick, and Pugh
NOES: Councilmembers None
ABSENT: Councilmembers None
MILDRED L . BRAYTON , City Clerk,
0ME�Rn�fLn n - City of Redding, Shasta County,
Ca ' fornia
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