HomeMy WebLinkAboutReso. 1981 - 219 - Appointing and paying agent for payment of principal and interest on bonds - Western Oaks Estates Unit No. 1 Assessment District No. 1979-4RESOLUTION NO.
RESOLUTION APPOINTING PAYING AGENT FOR THE PAYMENT OF
PRINCIPAL AND INTEREST ON BONDS
WESTERN OAKS ESTATES UNIT NO. 1 ASSESSMENT DISTRICT NO.
1979-4
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 Western Oaks Estates Unit No. 1 Assessment District No.
1979-4, City of Redding, Shasta County, California.
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 City.
3. 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.
4. The City Clerk 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, CA 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 21st day of September, 1981.
AYES: Councilmembers Demsher, Fulton, Gard, Kirkpatrick, and Pugh
NOES: Councilmembers None
ABSENT: Councilmembers None
ETHEL A. RICHTER, City Clerk, NI)
City of Redding, Shasta County,
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