HomeMy WebLinkAbout1985 113 CC RESO1985 113 CC RESO ;¢fì ù E RESOLUTION NO. 85-113
A RESOLUTION OF THE CITY COUNCIL OF THE
CITY OF BALDWIN PARK APPROVING THE ISSUANCE
BY THE BALDWIN PARK REDEVELOPMENT AGENCY,
CENTRAL BUSINESS DISTRICT REDEVELOPMENT PROJECT
1985 TAX ALLOCATION NOTES
WHEREAS, the Baldwin Park Redevelopment Agency 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 $2,500,000 principal amount of its Baldwin
Park Redevelopment Agency Central Business District 1985 Tax
Allocation Notes; and
WHEREAS, pursuant to the Law, the City Council of the
City of Baldwin Park 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 BALDWIN PARK as follows:
SECTION 1. The issuance by the Baldwin Park Redevelopment
Agency of $2,500,000 principal amount of its Central Business
District 1985 Tax Allocation Notes is hereby approved.
SECTION 2. This Resolution shall take effect from and
after the date of its passage and adoptj-on.
APPROVED and ADOPTED this 20tft day of November, 1985.
/^
MAYOR
ATTEST:
NDA L. 9AIR, CITY CLERK
STATE OF CALIFORNIA
COUNTY OF LOS ANGELES) ss.
CITY OF BALDWIN PARK
I, LINDA L. GAIR, City Clerk of the City of Baldwin
Park, do hereby certify that the foregoing Resolution was regularly
approved and passed at a REGULAR MEETING of the Baldwin Park City
Council on the 20th day of November, 1985, by the following vote:
AYES: COUNCILMEN KING, IZELL, GIBSON, MCNEILL AND MAYOR WHITE
NOES: COUNCILMEN NONE_______________________________________
ABSENT: COUNCILMEN NONE
LfNDA L. GA^SC, CITY CLERK
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