HomeMy WebLinkAboutCC Resolution 12887 (Issuance of Sale; Redevelopment Agency)RESOLUTION NO. 12887
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN RAFAEL APPROVING THE
ISSUANCE AND SALE OF NOT TO EXCEED $16,000,000 AGGREGATE PRINCIPAL
AMOUNT OF SAN RAFAEL REDEVELOPMENT AGENCY CENTRAL SAN RAFAEL
REDEVELOPMENT PROJECT TAX ALLOCATION REFUNDING BONDS, SERIES 2009
(REDEVELOPMENT IV)
WHEREAS, the San Rafael Redevelopment Agency, by its Sixth Supplemental
Resolution adopted on November 16, 2009 (the "Resolution"), has authorized the issuance and
sale of not to exceed $16,000,000 aggregate principal amount of its San Rafael Redevelopment
Agency Central San Rafael Redevelopment Project Tax Allocation Refunding Bonds, Series
2009 (the "Bonds") for the purpose of providing funds to aid in refinancing and financing the
Central San Rafael Redevelopment Project;
NOW THEREFORE, BE IT RESOLVED by the City Council of the City of San Rafael, as
follows:
1. The issuance and sale of not to exceed $16,000,000 aggregate principal amount
of the Bonds by the San Rafael Redevelopment Agency, in accordance with the terms and
conditions set forth in the Resolution, is hereby approved.
2. This Resolution shall take effect from and after its adoption and approval.
I, ESTHER C. BEIRNE, Clerk of the City of San Rafael, hereby certify that the foregoing
resolution was duly and regularly introduced and adopted at a regular meeting of the Council of
the City of San Rafael held on the 16th day of November, 2009, by the following vote, to wit:
AYES: COUNCILMEMBERS
NOES: COUNCILMEMBERS
ABSENT: COUNCILMEMBERS:
Brockbank, Connolly, Heller, Miller & Mayor Boro
None
None
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ESTHER C. BEIRNE, City Clerk