HomeMy WebLinkAboutCC Resolution 10414 (Central SR Redevelopment Project Tax Allocation)29280-01 JH:SGM:cco 6/7/99
RESOLUTION NO. 10414
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN RAFAEL APPROVING
THE ISSUANCE AND SALE OF NOT TO EXCEED $27,000,000 AGGREGATE PRINCIPAL
AMOUNT OF SAN RAFAEL REDEVELOPMENT AGENCY CENTRAL SAN RAFAEL
REDEVELOPMENT PROJECT TAX ALLOCATION BONDS, SERIES 1999
(REDEVELOPMENT IV)
WHEREAS, the San Rafael Redevelopment Agency, by its Fourth Supplemental
Resolution adopted on June 7, 1999 (the "Resolution"), has authorized the issuance and sale of
not to exceed $27,000,000 aggregate principal amount of its San Rafael Redevelopment Agency
Central San Rafael Redevelopment Project Tax Allocation Bonds, Series 1999 (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 $27,000,000 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, 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 special joint meeting
of the Council of the City of San Rafael held on the 7th day of June, 1999, by the following vote,
to wit:
AYES: COUNCILMEMBERS: Cohen, Heller, Miller, Phillips and Mayor Boro
NOES: COUNCILMEMBERS: None
ABSENT: COUNCILMEMBERS: None
A
JEAN -M. LEONCINI; City Clerk
ORIGINAL