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HomeMy WebLinkAboutReso 82-233 - Appointing paying agent - Upper Churn Creek Sewer Assessment District No. 1980-7RESOLUTION NO. RESOLUTION APPOINTING PAYING AGENT UPPER CHURN CREEK SEWER ASSESSMENT DISTRICT NO. 1980-7 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 Upper Churn Creek Sewer Assessment District No. 1980-7, 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 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 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. ©R`B0ONAL 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 20th day of December, 1982. AYES: Councilmembers Demsher, Fulton, Pugh, and Gard NOES: Councilmembers None ABSENT: Councilmembers Kirkpatrick ETHEL A. NICHOLS City Clerk, City of Redding, Shasta County, California 2