RES-1989-431
11 009-42
JHHW:BDQ:kla 10/13/89
10/20/89
Z4853
CITY OF ANAHEIM
RESOLUTION NO. 89R-431
A RESOLUTION AWARDING THE SALE OF CERTIFICATES OF PARTICIPATION
TO BE EXECUTED AND DELIVERED IN CONNECTION WITH THE
FINANCING OF CERTAIN CAPITAL IMPROVEMENTS
RESOLVED, by the City Council of the City of Anaheim, California (the "City"), as
follows:
WHEREAS, pursuant to a resolution heretofore adopted by this Council, notice of
sale of certificates of participation evidencing direct, undivided fractional interests of the
owners thereof in lease payments to be made by the City under a lease agreement with
the Anaheim Public Improvement Corporation in connection with financing the
construction of certain capital improvements (the "Certificates") has been duly given and
bids for the purchase of the Certificates have been received and publicly opened,
examined and declared and referred to this City Council:
NOW, THEREFORE, it is hereby ORDERED, as follows:
Section 1. All written bids received for the purchase of the Certificates excepting
the bid of Merrill Lynch Capital Markets be, and they are hereby, rejected, and that the
Certificates be, and they are hereby, sold to Merrill Lynch Capital Markets, said sale to
be subject to all of the terms and conditions set forth in the official notice of sale relating
to the Certificates.
Section 2. The City Clerk be, and is hereby, directed to cause the Certificates to
be printed, signed, sealed and delivered to said bidders on receipt of the purchase price
therefor and upon performance of the conditions contained in the official notice of sale.
Section 3. This Resolution shall take effect upon its adoption by this City Council.
* * * * * * *
THE FOREGOING RESOLUTION is approved and adopted by the City Council of
the City of Anaheim this 14th day of November, 1989.
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ATTEST:
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CITY CLERK OF THE CITY OF ANAHEIM
CLERK
STATE OF CALIFORNIA )
COUNTY OF ORANGE ) ss.
CITY OF ANAHEIM )
I, LEONORA N. SOHL, City Clerk of the City of Anaheim, do hereby certify that
the foregoing Resolution No. 89R-43l was introduced and adopted at a regular
meeting provided by law, of the City Council of the City of Anaheim held on
the 14th day of November, 1989, by the following vote of the members thereof:
AYES:
COUNCIL MEMBERS: Daly, Ehrle, Pickler, Kaywood and Hunter
NOES:
COUNCIL MEMBERS: None
ABSENT:
COUNCIL MEMBERS: None
AND I FURTHER certify that the Mayor of the City of Anaheim signed said
Resolution No. 89R-43l on the 21st day of November, 1989.
IN WITNESS WHEREOF, I have hereunto set my hand and affixed the seal of the
City of Anaheim this 21st day of November, 1989.
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CITY CLERK OF THE CITY OF ANAHEIM
( SEAL)
I, LEONORA N. SOHL, City Clerk of the City of Anaheim, do hereby certify that
the foregoing is the original of Resolution No. 89R-43l duly passed and
adopted by the Anaheim City Council on November 14, 1989.
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CITY CLERK OF THE CITY OF ANAHEIM