HomeMy WebLinkAboutReso. 78-052 - Appointing the Bank of America as Paying Agent for the City of Redding 1957 Sewer Construction General Obligation Bonds RESOLUTION NO. fl—;. 2
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF REDDING
APPOINTING THE BANK OF AMERICA AS PAYING AGENT FOR THE
CITY OF REDDING 1957 SEWER CONSTRUCTION GENERAL OBLIGA-
TION BONDS.
WHEREAS, the City of Redding now has outstanding the
1957 Sewer Construction General Obligation Bonds which have not
matured to date, and
WHEREAS, the City of Redding is acting as paying agent
for these bonds, and
WHEREAS , the City Council of the City of Redding has
determined that certain economies will result from having bond
issues serviced on a contractual basis by a paying agent,
NOW, THEREFORE, BE IT RESOLVED by the City Council of
the City of Redding that the principal office of the Bank of
America National Trust and Savings Association in San Francisco,
California, is hereby appointed Paying Agent for the City of
Redding 1957 Sewer Construction General Obligation Bonds.
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 3rd day of April , 1978 , and was duly
adopted at said meeting by the following vote:
AYES: COUNCILMEN: Fulton, Gard, Kirkpatrick, Pugh, and Demsher
NOES: COUNCILMEN: None
ABSENT: COUNCILMEN : None
ATTEST:
ONALD M. DEMSHER
� _ ,., Mayor of the City of Redding
MILDRED L. BRAYTON, City Clerk
FOR , APPROVED:
EARL D. MURPHY, ¢ity/Attorney
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