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HomeMy WebLinkAboutResolution No. 7182RESOLUTION NO. 7182 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF AZUSA AUTHORIZING AND DIRECTING THE CITY ADMINISTRATOR TO SUBMIT A SUBMISSION INFORMATION FORM TO THE MORTGAGE BOND ALLOCATION COMMITTEE THE CITY COUNCIL OF THE CITY OF AZUSA HEREBY FINDS, DETERMINES, RESOLVES AND ORDERS AS FOLLOWS: Section 1. The City Administrator of the City of Azusa is hereby authorized and directed to submit to the Mortgage Bond Allocation Committee of the State of California the Submission Information Form attached hereto as Exhibit A, and to do all things and acts which are required by law or which may be necessary or desirable to facilitate the submission of such form and the mortgage financing contemplated thereby. PASSED, APPROVED AND ADOPTED this 20th day of September, 1982. ATTEST: A ity Clerk STATE OF CALIFORNIA ) COUNTY OF LOS ANGELES ) ss. CITY OF AZUSA ) I, Ado oh A, Solis , City Clerk of the City of Azusa, California, do hereby certify that the whole number of members of the City Council of said City is four; that the foregoing resolution, being Resolution No.7182 was duly and regularly adopted 'by the City Council of said City at a regular meeting of said Council, duly and regularly held on the 20th day of September, and that the same was so passed and adopted by the following vote: AYES: COUNCIL MEMBERS: DECKER, HART, LATTA, MOSES NOES: COUNCIL MEMBERS: NONE ABSTAIN: COUNCIL MEMBERS: NONE ABSENT: COUNCIL MEMBERS: NONE C y C1 rk, City of Azusa, California UJUMM FUTURES INCORPORATED TO: Mayor and City Council through the Office of the City Administrator FROM: Urban Futures, Inc. SUBJECT: SUBMISSION OF APPLICATION TO RECEIVE AN ALLOCATION FROM THE STATE MORTGAGE BOND ALLOCATION COMMITTEE DATE: September 10, 1982 In order to 'get back in .line' and receive authority to issue mortgage revenue bonds in early 1983, the City must comply with certain procedural requirements. The first requirement is the adoption of the attached resolution to authorize the City Administrator to submit a formal application. This step does not obligate either the City or the Agency in any way, if either body chooses not to issue bonds. Adopt the attached resolution. Planning/Architecture Economics -Finance Redevelopment 305 N. Harbor Blvd. Suite B-1 Fullerton, CA 92632 7141738-4277 Sacramento Fullerton Vancouver