IDA84-06RESOLUTION NO. IDAA84- 6
A RESOLUTION OF THE INDUSTRIAL DEVELOPMENT AUTHORITY OF
ANAHEIM APPROVING THE FEE AGREEMENT WITH AND ACCEPTING
JONES HALL HILL & WHITE, A PROFESSIONAL LAW CORPORATION,
AS THE BOND COUNSEL SERVICES IN CONNECTION WITH INDUSTRIAL
DEVELOPMENT BOND PROCEEDINGS AND AUTHORIZING THE CHAIRMAN
TO EXECUTE SAID AGREEMENT (RUSS BERRIE PROJECT).
WHEREAS, the Industrial Development Authority of Anaheim (the
"Authority") is an industrial development financing authority duly formed and
existing under the California Industrial Development Financing Act,
constituting Section 92500, et seq., of the California Code, and is authorized
under the law to issue tax-exempt industrial revenue bonds for the purpose of
financing warehousing projects in the City of Anaheim; and
WHEREAS, the Authority wishes to issue such industrial revenue bonds
for the purpose of financing the construction of a warehousing and related
facility to be owned by Russ Berrie, an individual, and leased to Russ Berrie
and Company Los Angeles, Inc. (the "Project"), and proposes to finance the
costs thereof by issuing its industrial revenue bonds; and
WHEREAS, in order to finance the project the Authority requires the
advice and assistance of bond counsel; and
WHEREAS, the Authority has determined that the firm of Jones Hall
Hill & White, A Professional Law Corporation (the Attorneys), is qualified by
training and experience to perform the services of bond counsel, and Attorneys
are willing to provide such services; and
WHEREAS, the public interest, economy and general welfare will be
served by this Agreement; and
NOW, THEREFORE, BE IT RESOLVED by the Industrial Development
Authority of the City of Anaheim as follows:
1. That the Agreement between the Authority and the Attorneys,
attached as Exhibit WAr incorporated herein as though fully set forth herein,
is hereby approved.
2. That the Chairman of the Authority is hereby authorized to
execute the Agreement.
3. That this Resolution shall take effect from and after the date
of its passage and adoption.
THE FOREGOING RESOLUTION is approved and adopted by the Industrial
Development Authority of the City of Anaheim this 4th day of December ,
1984.
ANAHEIM INDUSTRIAL DEVELOPMENT AUTHORITY
ATTEST:
SECRETARY
ANAHEIM INDUSTRIAL DEVELOPMENT AUTHORITY
APPROVED AS TO FORM:
AUTHORITY ATTORNEY
0047I
STATE OF CALIFORNIA )
COUNTY OF ORANGE ) ss.
CITY OF ANAHEIM )
I, LEONORA N. SOHL, Secretary of the Industrial Development Authority of
Anaheim, do hereby certify that the foregoing Resolution No. IDAA84-6 was
passed and adopted at the regular meeting of the Industrial Development
Authority of Anaheim held on the 4th day of December, 1984, by the following
vote of the members thereof:
AYES:
AUTHORITY MEMBERS: Kaywood, Bay, Pickier and Roth
NOES:
AUTHORITY MEMBERS: None
ABSENT: AUTHORITY MEMBERS: 0verholt
AND FURTHER CERTIFY that the Chairman of the Industrial Development Authority
of Anaheim signed said Resolution on the 4th day of December, 1984.
IN WITNESS WHEREOF, I have hereunto set my hand and seal this 4th day of
December, 1984.
SECRETARY OF THE INDUSTRIAL DEVELOPMENT AUTHORITY OF ANAHEIM
(S~)