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HomeMy WebLinkAboutReso. 1981 - 175 - Appointing paying agent - Hartnell Avenue Assessment District No. 1980-3RESOLUTION NO. RESOLUTION APPOINTING PAYING AGENT HARTNELL AVENUE ASSESSMENT DISTRICT NO. 1980-3 The City Council of the City of Redding resolves: This City Council has authorized issuance of bonds under the Improvement Bond Act of 1915 of the State of California in Hartnell Avenue Assessment District No. 1980-3. 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. Fees for said services as paying agent on the existing agreement appear fair and reasonable. The Bank of America. National Trust and Savings Associa- tion, 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 the City of Redding and said.Bank. 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. 0. Box 37000, San Francisco, California 94137. 00 MD �17flHA 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, Yield on the 17th day of August, 1981, by the following vote, to wit: AYES • Councilmembers Demsher, Fulton, Gard, Kirkpatrick and Pugh NOES: Councilmembers None ABSENT: Councilmembers None ETHEL A. RICHTER, City Clerk, City of Redding, Shasta County, California -2- r