HomeMy WebLinkAboutResolutions - No. 84-021RESOLUTION NO. 84-021
BEFORE THE CITY COUNCIL OF THE CITY OF
LODI, CALIFORNIA
A RESOLUTION AUTHORIZING NEGOTIATIONS FOR
SALE OF ASSESSMENT BONDS AT PRIVATE SALE
LODI UNITED DOWNTOWN ASSESSMENT DISTRICT
BEAUTIFICATION PROJECT
RESOLVED, by the City Council of the City of Lodi, California, that
WHEREAS, said Council intends to undertake assessment proceedings.for the
acquisition and/or construction of improvements in said City, and the issuance of bonds
upon the unpaid assessments for the financing of said improvements; and
WHEREAS, the public interest and general welfare will be served by negotiating a
sale of the bonds to be issued in said proceedings;
NOW, THEREFORE, IT IS ORDERED that BLEWETT, GARRETSON do HACHNIAN,
A Professional Corporation, employed as attorneys to perform the legal services required
in said proceedings, are hereby authorized to negotiate with investment brokers and bond
houses for the purpose of procuring a commitment for the purchase of the assessment
bonds to be issued herein, and to present the same to this Council for an award of sale
thereof upon the best terms available.
DATED: February 22, 1984.
I, ALICE M. REI ICHE, City Clerk of the City of Lodi, do hereby certify that
Resolution No. 84- 021 was passed and adopted at an adjourned regular meeting of the
Ct,v Council of the City of Lodi, held February 22, 1984, by the following vote.
AYES: Councilmen- Murphy Reid Snider, Pinkerton, and
Olson Nayorl
NOES: Councilmen - None
ABSENT: Councilmen - None
ABSTENTIONS: Councilmen - None
ALICE R•I. REUJ H E, City Clerk
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