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HomeMy WebLinkAboutCC Resolution 11172 (Central SR Redevelopment Project)29280-02 JH:SM:Idw 8/15/02 8/29/02 RESOLUTION NO. 1117 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN RAFAEL APPROVING THE ISSUANCE AND SALE OF NOT TO EXCEED $27,500,000 AGGREGATE PRINCIPAL AMOUNT OF SAN RAFAEL REDEVELOPMENT AGENCY CENTRAL SAN RAFAEL REDEVELOPMENT PROJECT TAX ALLOCATION BONDS, SERIES 2002 (REDEVELOPMENT IV) WHEREAS, the San Rafael Redevelopment Agency, by its Fifth Supplemental Resolution adopted on September 16, 2002 (the "Resolution'), has authorized the issuance and sale of not to exceed $27,500,000 aggregate principal amount of its San Rafael Redevelopment Agency Central San Rafael Redevelopment Project Tax Allocation Refunding Bonds, Series 2002 (the "Bonds") for the purpose of providing funds to aid in 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 $27,500,000 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, JEANNE M. LEONCINI, 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 September, 2002, by the following vote, to wit: AYES: COUNCILMEMBERS: Cohen, Miller, Phillips and Mayor Boro NOES: COUNCILMEMBERS: None ABSENT: COUNCILMEMBERS: Heller A. JE M. LEONCINI, City Clerk