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HomeMy WebLinkAboutReso. 1981 - 117 - Amending reso 77-205RESOLUTION NO. A RESOLUTION OF THE CITY COUNCIL OF THE.CITY OF REDDING AMENDING RESOLUTION NO. 77-205, 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 A. WHEREAS; City Council`Resolution No. 77-205, adopted on October 17, 1977, designated Harris Trust and' Savings Bank in Chicago as one of the Paying Agents of the City for 1977 Electric System Improvement Bonds, Series A_, 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. 77-205, adopted on October 17,1977,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 A. 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 15th day of June, 1921, and was duly adopted at said meeting by the following vote: AYES: COUNCILMEN: Gard, Kirkpatrick and Pugh,-,-- ,—!—�j NOES: COUNCILrEN: None ice= ABSENT: COUNCILMEN: Demsher and Fulton ATTEST: ' a//;; eRCHF.R,'!P i7Gf i' ld"e �i Mayor the City of Redding ' ETHEL A. RICHTER, City Clerk FO R1 PP ROVED: RA DALL A. 'HAYS,-`C,t/ Ttorney i9 A