Resolution 0965975926 JHHW:CFA:nct 12/22/81
RESOLUTION NO. 9659
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ALAMEDA
AUTHORIZING THE ISSUANCE OF BONDS FOR THE PURPOSE OF FINANCING
CONSTRUCTION OF ASSEMBLY AND ADMINISTRATIVE FACILITIES BY
INTRASTATE RADIO TELEPHONE, INC.
WHEREAS, the City Council of the City of Alameda (the "City ") has
heretofore adopted its Ordinance No. 2057 (the "Ordinance ") authorizing the
City to issue and sell its bonds pursuant to the City Charter for the purpose
of providing financing for the acquisition, construction and improvement of
commercial and industrial projects located within the City; and
WHEREAS, Intrastate Radio Telephone, Inc. (the "Company ") has requested
the City to issue and sell its revenue bonds for the purpose of financing
certain manufacturing, administrative and related facilities to be constructed
by the Company within the City and the City Council wishes to induce the
Company to construct and develop said facilities in the City; and
WHEREAS, it is in the public interest, for the public benefit and in
furtherance of the public purposes of the City that the City Council authorize
bonds for the aforesaid purposes;
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
ALAMEDA AS FOLLOWS:
1. The City Council hereby authorizes the issuance and sale of bonds of
the City pursuant to the City Charter and the procedures specified in the
Ordinance in a principal amount of not to exceed Three Million Dollars
($3,000,000) for the purpose of providing permanent and /or construction
financing for the acquisition, construction, remodelling, equipping and
improvement of land, administrative offices, assembly and testing facilities
and related and appurtenant structures, facilities and equipment by the
Company and to be located in the City approximately as shown in Exhibit A
hereto. Such authorization shall be for the purpose of inducing the Company
to undertake to acquire, construct, remodel, equip and develop such project
and, in particular, to do so at such location.
2. The issuance and sale of said bonds shall be upon such terms and
conditions as may be mutually agreed upon by the City, the Company and the
purchaser of said bonds and shall be authorized by resolution of the City
Council at a meeting duly held and conducted for such purpose. Under no
circumstances shall the City be liable to repay said bonds from any source of
City funds other than the revenues derived from the project to be financed.
3. The proceeds of the bonds shall include such related and necessary
issuance expenses, administrative costs, debt service reserves and interest
payments as may be required to accomplish successfully the financing.
4. This resolution shall take effect immediately upon its passage and
adoption.
PASSED AND ADOPTED this 29th day of December, 1981, by the following
called vote:
AYES: Councilmen Sherratt, Stone and President Corica - 3.
NOTES: (NOES) None.
ABSENT: Councilmen Diament and Gorman - 2
Attest:
Mayor
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Proposed site for Intrastate Radio
Telephone, Inc., approx.; 1 acre.
NOR TH
ARCHITECTURE
PLANNING
INTERIOR DESIGN
461 BUSH ST.
SAN FRANCISCO
CALIFORNIA 94108
415 391-7100
TRACT 4500
A PLANNED
DEVELOPMENT
BY
HARBOR BAY ISLE
ASSOCIATES
D 0 •
•
•
•
HARBOR
BAY ISLE
ALAMEDA • CALIFOANIA
JONES - TILLSON
& ASSOCIATES
Civil Engineers
DESIGN -PLANNING
ASSOCIATES
Landscape. Architects
100 100 100
1IAMMMMMi,41MMP;0
SCALE FEET
SITE PLAN