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HomeMy WebLinkAboutReso. 1981 - 111 - Amending reso 79-109RESOLUTION NO. 3J -/II A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF REDDING AMENDING RESOLUTION NO. 79-109, BY SUBSTITUTING FIRST NATIONAL BANK OF CHICAGO IN PLACE OF HARRIS TRUST AND SAVINGS BANK AS PAYING AGENT OF THE'CITY FOR 1977 ELECTRIC SYSTEM IMPROVEMENT BONDS, SERIES'B. WHEREAS, City Council Resolution No. 79-109, adopted on June 25, 1979, designated Harris Trust and Savings Bank in Chicago as one of the Paying Agents of the City for 1977 Electric System Improvement Bonds, Series B, and WHEREAS, said Harris Trust and Savings Bank has recently notified the City that it no longer is performing in such capacity, and it has been recommended that First National Bank of Chicago be substituted as the City's Paying Agent for said bonds, NOW, THEREFORE, BE IT RESOLVED that Resolution No. 79-109, adopted on June 25, 1979, is hereby'amended by substituting First National Bank of Chicago in place of Harris Trust and Savings Bank as Paying Agent of the City for 1977 Electric System Improvement Bonds, Series B. 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 1st day of June , 1981, and was duly adopted at said meeting by the following vote: AYES: COUNCILMEN: Demsher, Fulton, Gard, Kirkpatrick and Pugh NOES: COUNCILMEN: None ABSENT: COUNCILMEN: None ATTEST: LGi��GI%ri.Lr- ETHEL A. RICHTER, City Clerk FORtd PROVED: , c RA DALL A. HAYS, Cit,J1 Attorney the City of Redding