Resolution 10787RESOLUTION NO. 1078 7
RESOLUTION OF THE CITY COUNCIL OF THE
CITY OF ALAMEDA APPROVING THE ISSUANCE OF
WEST END COMMUNITY IMPROVEMENT PROJECT AREA
1985 TAX ALLOCATION BONDS IN THE AGGREGATE
PRINCIPAL AMOUNT OF $2,315,000 BY THE
COMMUNITY IMPROVEMENT COMMISSION OF THE
CITY OF ALAMEDA
WHEREAS, the Community Improvement Commission of the City of Alameda
(the "Commission ") is a duly constituted public body, corporate and politic,
established pursuant to the Community Redevelopment Law of the State of
California (the "Law "); and
WHEREAS, pursuant to the Law, the Agency has duly authorized the
issuance of Community Improvement Commission of the City of Alameda West End
Community Improvement Project Area 1985 Tax Allocation Bonds (the "Bonds ")
in the aggregate principal amount of $2,315,000; and
WHEREAS, pursuant to the Law the City Council of the City of Alameda
has reviewed said financing and wishes to declare its approval thereof in
accordance with Section 33640 of the Law;
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of
Alameda that the issuance of the Bonds by the Agency is hereby approved.
PASSED AND ADOPTED this 21st day of November, 1985, by the following
AYES: Councilmembers Hanna, Lucas, Monsef & President Diament - 4
NOES: Councilmember Corica - 1
ABSENT: None c
Attest:
By
By lU
Mayor
EXHIBIT A
NOTICE OF INTENTION TO SELL BONDS
NOT TO EXCEED $2,500,000
COMMUNITY IMPROVEMENT COMMISSION OF THE CITY OF ALAMEDA
WEST END COMMUNITY IMPROVEMENT PROJECT AREA
1985 TAX ALLOCATION BONDS
NOTICE IS HEREBY GIVEN that sealed proposals will be received by a
representative of the Community Improvement Commission of the City of
Alameda at the office of Stone & Youngberg, One California Street, Suite
2800, San Francisco, California 94111 on
THURSDAY, NOVEMBER 21, 1985
at 11:00 a.m. (Pacific Time) for the purchase of not to exceed $2,500,000
principal amount of bonds of the Commission designated the "Communiity
Improvement Commission of the City of Alameda West End Community Improvement
Project 1985 Tax Allocation Bonds (the "Bonds "). The Bonds will be dated
December 1, 1985, and shall bear interest from their date at the rate or
rates to be fixed upon the sale thereof. The Commission has caused to be
prepared an Official Notice of Sale and an Official Statement for the Bonds,
copies of which will be furnished on request made to Stone & Youngberg, One
California Street, Suite 2800, San Francisco, California 94111, telephone
(415) 981- 1314, financial consultants to the Commission.
Dated: November 4, 1985
By /s/ Diane Felsch
'Secretary
Community Improvement Commission of
the City of Alameda