HomeMy WebLinkAboutReso 82-141 - Amending Enterprise Public Utility District Resollution No 325 and Substituting BofA Securities as Paying Agent for Enterprise Public Utility District Bonds, 6th Series . •
RESOLUTION NO. r0?-/VJ
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF REDDING
AMENDING ENTERPRISE PUBLIC UTILITY DISTRICT RESOLUTION
NO. 325 AND SUBSTITUTING BANK AMERICA SECURITIES SERVICES
COMPANY OF NEW YORK IN PLACE OF BANKERS TRUST COMPANY AS
PAYING AGENT OF THE CITY OF REDDING FOR ENTERPRISE PUBLIC
UTILITY DISTRICT BONDS , SIXTH SERIES .
WHEREAS , the Board of Directors of the Enterprise Public
Utility District Resolution No. 325 adopted April 8 , 1968 ,
designated Bankers Trust Company of New York City, New York as
one of the paying agents of the City of Redding for the Enter-
prise Public Utility District Bonds , Sixth Series , and
WHEREAS , by virtue of annexation of the Enterprise area into
the City of Redding , the Enterprise Public Utility District was
dissolved , with the City of Redding succeeding to all the rights
and obligations of that district, and
WHEREAS, said Bankers Trust Company of New York City , New
York has recently notified the City of Redding that it no longer
is performing in such capacity and it has been recommended that
BankAmerica Securities Services Company (BASSCO) of New York be
substituted as the City ' s paying agent for said bonds ,
NOW, THEREFORE, BE IT RESOLVED that Resolution No. 325 ,
adopted April 8 , 1968 , is hereby amended to state that Bank-
America Securities Services Company (BASSCO) of New York is
hereby substituted in the place of Bankers Trust Company as
paying agent of the City of Redding for the Enterprise Public
a�
N
III III
Utility District Bonds, Sixth Series .
I HEREBY CERTIFY that the foregoing Resolution was introduced
and read at a regular meeting of the City Council of the City of
Redding on the 7th day of September , 1982 , and was duly
adopted at said meeting by the following vote :
AYES : COUNCILMEN: Demsher, Fulton, Kirkpatrick, and Gard
NOES : COUNCILMEN: None
ABSENT: COUNCILMEN : Pugh
n 7 Al'
B RBARA LLEN G . D, Mayor
City of Redding
ATTEST:
ETHEL A. NICHOLS , City Clerk
FORM AP ROVED:
RANTALL A. HAYS , ity' Attorney
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