HomeMy WebLinkAboutCC RES 82-83CITY OF TUSTIN
RESOLUTION NO. 82-83
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RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
TUSTIN APPROVING THE ISSUANCE OF $8,500,000
PRINCIPAL AMOUNT OF TUSTIN COMMUNITY
REDEVELOPMENT AGENCY TOWN CENTER AREA
REDEVELOPMENT PROJECT TAX ALLOCATION BONDS,
SERIES 1982 BY THE TUSTIN COMMUNITY
REDEVELOPMENT AGENCY
BE IT RESOLVED, DETERMINED AND ORDERED BY THE CITY COUNCIL
OF THE CITY OF TUSTIN, AS FOLLOWS:
SECTION 1. The Tustin Community Redevelopment Agency is a
redevelopment agency (a public body, corporate and politic) duly cre-
ated, established and authorized to transact business and exercise
its powers, all under and pursuant to the Community Redevelopment Law
[Part 1 of Division 24 (commencing with Section 33000) of the Health
and Safety Code of the State of California] and the powers of the
Agency include the power to issue bonds for any of its corporate pur-
poses; and
SECTION 2. The Agency has adopted its Resolution
No. RDA 82-10, entitled:
"A Resolution of the Tustin Community Redevelopment Agency
Authorizing the Issuance of $8,500,000 Principal Amount of
Tustin Community Redevelopment Agency Town Center Area
Redevelopment Project Tax Allocation Bonds, Series 1982"
A copy of such Resolution has been provided to this City Council.
Such Resolution authorizes the issuance of Tax Allocation Bonds of
the Agency in the principal amount of $8,500,000.
SECTION 3. The Agency has adopted its Resolution
No. RDA 82-12 entitled:
First Supplemental Resolution of the Tustin Community
Redevelopment Agency Supplementing and Amending a Resolution of
the Tustin Community Redevelopment Agency
Authorizing the Issuance of $8,500,000 Principal Amount of
Tustin Community Redevelopment Agency
Town Center Area Redevelopment Project
Tax Allocation Bonds, Series 1982
A copy of such Resolution has been provided to this City Council.
Such Resolution establishes the interest rates for said Tax
Allocation Bonds.
SECTION 4. The issuance of bonds by the Agency described
in Sections 2 and 3 above, is hereby approved.
.
PASSED, APPROVED AND ADOPTED this 15th day of November, 1982
Attest:
STATE OF CALIFORNIA )
COUNTY OF ORANGE ) SS
CITY OF TUSTIN )
MARY E. WYNN, City Clerk and ex-officio Clerk of the City Council of the City of
Tustin, California, does hereby certify that the whole number of the members of
the City Council of the City of Tustin is five; that the above and foregoing
Resolution No. 82-83 was duly and regularly introduced, passed and adopted at a
,
regular meeting of the City Council held on the 15th day of November,1982, by the
following vote:
AYES : COUNCILPERSONS: Edgar, Greinke, Kennedy, Hoesterey, Saltarelli
NOES : COUNCILPERSONS: None
ABSENT: COUNCILPERSONS: None
City of Tustin, California