2003-136RESOLUTION NO. 2003R-136
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
ANAHEIM APPROVING ISSUANCE OF BONDS BY THE
CALIFORNIA STATEWIDE COMMUNITIES DEVELOPMENT
AUTHORITY FOR A LOCAL KAISER PROJECT
WHEREAS, Kaiser Foundation Hospitals, d/b/a Kaiser Permanente ("Kaiser"), has
submitted an application to California Statewide Communities Development Authority (the
"Authority") for its assistance in issuing the Authority's Refunding Revenue Bonds (Kaiser
Permanente) Series 2003 (herein, the "Bonds") in an aggregate principal amount not to exceed
$240,000,000 to refund prior tax-exempt bonds which financed various Kaiser facilities throughout
the State of California.
WHEREAS, City of Anaheim is a Program Participant of the Authority (Participant")
in which a portion of the Project being refinanced with the Bonds is located (the "Local Project").
WHEREAS, the location and a description of the Local Project, and the approximate
amount of prior bond proceeds spent on the Local Project, is set forth in the Authority application,
a copy of which has been provided to the Participant.
WHEREAS, Section 9 of the Authority's Joint Exercise of Powers Agreement, which
the Participant has signed, requires that the Participant approve the Local Project and the issuance
of the Bonds before the Authority may issue the Bonds. Participant has been advised that there is
no legal requirement for it to conduct a public hearing for federal tax purposes or otherwise prior to
approval or issuance of the Bonds.
NOW, THEREFORE, BE 1T RESOLVED BY THE CITY COUNCIL OF THE CITY
OF ANAHEIM AS FOLLOWS:
SECTION 1.
The City Council hereby approves the Local Project and the issuance of the Bonds.
SECTION 2.
The Mayor, the City Manager, the City Clerk and all other proper officers and
officials of the City are hereby authorized and directed to execute such other agreements, documents
and certificates, and to perform such other acts and deeds, as may be necessary or convenient to
effect the purposes of this Resolution and the transactions herein authorized.
SECTION 3.
The Clerk shall forward a certified copy of this Resolution to:
Sean Mick, Project Manager
Orrick, Herrington & Sutcliffe LLP
400 Capital Mall, Suite 3000
Sacramento, CA 95814
SECTION 4.
This Resolution shall take effect immediately upon its passage.
THE FOREGOING RESOLUTION is approved and adopted by the City Council of
the City of Anaheim this 8th day of July ,2003.
MAYOR CITY OF ANAHEIM
(~rTY CLER~ OF THE CITY OF ANAHEIM
50246.1
STATE OF CALIFORNIA )
COUNTY OF ORANGE ) ss.
CITY OF ANAHEIM )
I, SHERYLL SCHROEDER, City Clerk of the City of Anaheim, do hereby certify that the foregoing
Resolution No. 2003R-136 was introduced and adopted at a regular meeting provided by law, of
the Anaheim City Council held on the 8th day of July, 2003, by the following vote of the members
thereof:
AYES:
MAYOR/COUNCIL MEMBERS:
Pringle, Tait, Chavez, Hernandez
NOES: MAYOR/COUNCIL MEMBERS: None
ABSTAINED: MAYOR/COUNCIL MEMBERS: None
ABSENT:
MAYOR/COUNCIL MEMBERS: McCracken
CLERK OF THE C~TY OF ANAHEIM
(SEAL)