Resolution 10454CITY OF ALAMEDA RESOLUTION NO. 10454
ACCEPTING PROPOSAL AS AGREEMENT WITH THE LAND ECONOMICS
GROUP TO PERFORM FEASIBILITY STUDY FOR THE HOUSING
FINANCE PROGRAM UNDER THE MORTGAGE REVENUE BOND ISSUE
NO. 2
WHEREAS, the City of Alameda in November, 1983, requested
approval from the State Mortgage Revenue Bond Allocation Committee
to issue mortgage revenue bonds in the amount of $20 million;
and.
WHEREAS, in August, 1984, the State Mortgage Bond Allocation
Committee approved Alameda's request to issue mortgage revenue
bonds in the amount of $20 million; and
WHEREAS, the qualifications of The Land Economics Group
to serve as market feasibility consultant for said bond issue
have been reviewed and deemed acceptable;
NOW, THEREFORE, BE IT RESOLVED by the Council of the
City of Alameda that the City accept the proposal of The Land
Economics Group to perform a feasibility study for the Housing
Finance Program under Mortgage Revenue Bond No. 2, and that
the City Manager or his designee is hereby authorized to execute
such agreement on behalf of the City.
I, the undersigned, hereby certify that the foregoing Resolution
was duly and regularly adopted and passed by the Council of the
City of Alameda in regular meeting assembled on the 2nd of October, 1984,
by the following vote to wit:
AYES: Councilmembers Gorman, Hanna, Lucas, Monsef and President Diament - 5.
NOES: None.
ABSENT: None.
IN WITNESS WHEREOF, L have hereunto set my hand and affixed the
official seal of said City this 3rd day of October, 1984.
1 f ti
City Clerk of the City o lameda