HomeMy WebLinkAboutResolutions - No. 84-041RESOLUTION NO. 84-041
BEFORE THE CITY COUNCIL OF THE CITY OF
LODI, CALIFORNIA
A RESOLUTION AWARDING SALE OF BONDS
LODI UNITED DOWNTOWN ASSESSMENT DISTRICT
BEAUTIFICATION PROJECT
RESOLVED, by the City Council of the City of Lodi, California, that
WHEREAS, this Council has received a proposal to purchase bonds to be issued
to represent unpaid assessments levied in the proceedings under Resolution No. 84-17, A
Resolution of Intention to Acquire and/or Construct Improvements, adopted by said
Council on February 22, 1984, for the acquisition and/or construction of public
improvements, as more particularly described in said Resolution;
NOW, THEREFORE, IT IS ORDERED as follows:
1. That upon consummation of special assessment district proceedings said
bonds be, and they are hereby ordered sold to WULFF, HANSEN & CO., San Francisco,
California, said sale to be subject to all the terms and conditions set forth in said
accepted proposal, and that the interest rate of said bonds be, and the same is hereby
fixed at the rate stated in said proposal.
2. That the Director of Finance be, and he is hereby directed to have said
bonds printed, and that the same be signed, sealed and delivered to said purchaser upon
receipt of the amount therefor, in accordance with the terms and conditions contained in
said proposal and the proceedings held pursuant to said Resolution and any amendments
thereto.
DATED: April 4, 1984.
I, ALICE M. REIMCHE, City Clerk of the City of Lodi, do hereby certify that
Resolution No. 84- 041 was passed and adopted at a regular meeting of the City Council
of the City of Lodi, held April 4, 1984, by the following vote:
AYES: Councilmen- Murphy, Pinkerton, Snider, and
Reid
NOES: Councilmen- None
ABSENT: Councilmen- Olson
ABSTENTIONS: Councilmen- Non
ALICE M. REIMCHE, City Clerk
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84-041