HomeMy WebLinkAboutResolution No. 808411019-9 JHHW:ACH:ea 08!05!86 H7386
RESOLUTION NO. 8084
RESOLUTION OF THE CITY COUNCIL OF
THE CITY OF AZUSA APPROVING THE ISSUANCE BY
THE REDEVELOPMENT AGENCY OF THE CITY OF AZUSA
OF ITS CENTRAL BUSINESS DISTRICT REDEVELOPMENT PROJECT
TAX ALLOCATION BONDS, 1986 SERIES A
WHEREAS, the Redevelopment Agency of the City of Azusa (the "Agency") 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
$6,130,000 principal amount of its Redevelopment Agency of the City of Azusa Central
Business District Redevelopment Project Tax Allocation Bonds, 1986 Series A; and
WHEREAS, pursuant to the Law, the City Council of the City of Azusa has reviewed
said financing as proposed and wishes to declare its approval thereof in accordance with
Section 33640 of the Health and Safety Code of the State of California;
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
AZUSA as follows:
1. The issuance by the Redevelopment Agency of the City of Azusa of $6,130,000
principal amount of its Central Business District Redevelopment Project Tax Allocation
Bonds, 1986 Series A, is hereby approved.
2. This Resolution shall take effect from and after the date of its passage and
adoption.
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PASSED AND ADOPTED this 11th day of August, 1986, by the following vote:
AYES: COUNCILMEMBER: AVILA, COOK, LATTA, MOSES
NOES: COUNCILMBMBER: NONE
ABSENT: COUNCIL -MEMBER: CRUZ
[SEAL]
Mayor
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