2001/08/28 City Council Resolution (11)RESOLUTION NO. 2001 -190
RESOLUTION OF THE ROHNERT PARK CITY COUNCIL APPROVING THE
ISSUANCE BY THE COMMUNITY DEVELOPMENT CONaUSSION OF THE
CONaVIUNITY DEVELOPMENT COMN NUSSION OF THE CITY OF ROHNERT PARK
REDEVELOPMENT PROJECT TAX ALLOCATION REFUNDING BONDS SERIES
2001, IN THE AGGREGATE PRINCIPAL AMOUNT OF NOT -TO- EXCEED $990009000
WHEREAS, the Community Development Commission of the City of de hnert Park (ghe e
"Commission ") has determined to issue its tax allocation bonds to prove fer
refunding of certain of the outstanding Community Development Agency of the City of Rohnert
Park, California Rohnert Park Redevelopment Project 1991 Tax Allocation Refunding Bonds,
which were issued pursuant to the Indenture of Trust dated as of May 1, 1991 between the
Commission and the trustee named therein; and
WHEREAS, to that end, the Commission, on the date hereof, adopted its Resolution
No.01 -05 entitled "Resolution of the Community Development Commission of the City of
Rohnert Park Authorizing the Sale of not -to- exceed $9,000,000 Rohnert Park Redevelopment
Project Tax Allocation Refunding Bonds Series 2001, Authorizing Execution of Second
Supplemental Indenture and Escrow Instructions, Approving Preliminary Official Statement, and-
Authorizing Other Official Actions "; and
WHEREAS, Section 33640 of the Health and Safety Code requires the Commission to
obtain the approval of the City Council of the City of Rohnert Park (the "City"), prior to issuance
of the bonds (the "Bonds") authorized pursuant to the foregoing described Resolution;
NOW, THEREFORE, IT IS HEREBY ORDERED by the City Council of the City of
Rohnert Park as follows:
Section 1. Approval of Financing. The Commission is hereby given approval to issue the
Bonds, in the principal amount of not -to- exceed $910001000.
I hereby certify that the foregoing resolution was duly adopted at a meeting of the City
Council of the City of Rohnert Park duly held on the 28th day of August, 2001, by the
following vote:
AYES, and in favor of:
(5) Five
NOES: (0) None
CouncilrnemberS Flores, Reilly, Spiro, Vidak- Martinez
and Mayor MacWenzi.e
Councilmembers
ABSENT: (0) None Councilbeis