83R-172
CITY OF ANAHEIM RESOLUTION NO. 83~172
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RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ANAHEIM,
CALIFORNIA, APPROVING BOND PURCHASE AGREEMENT RELATING TO
ELECTRIC REVENUE BONDS, ISSUES A, B ARD C OF 1983, AND
AUTHORIZING THE EXECUTION, DELIVERY AND -PERFORMANCE THERE-
OF; APPROVING FINAL OFFICIAL STATEMENT RE:r..ATING TO SAID
BONDS; APPOINTING PAYING AGENTS FOR SAID BONDS; AND
APPROVING ESCROW AGREEMENT RELATING TO THE DEFEASANCE OF
ELECTRIC REVENUE BONDS, ISSUE A OF 1982, AND ISSUE B OF
1982, AND AUTHORIZING THE EXECUTION, DELIVERY AND
PERFORMANCE THEREOF
The City Council of the City of Anaheim, California, DOES
HEREBY RESOLVE, DETERMINE AND ORDER as follows:
SECTION 1. The City Council hereby approves the Bond
Purchase Agreement, dated April 27, 1983 (the "Bond Purchase
Agreement"), relating to the sale to the Underwriters listed in
Schedule 1 of the Bond Purchase Agreement of the City's $130,400,000
Electric Revenue Bonds, Issues A, Band C of 1983 (together, the
"Bonds"), by and between Salomon Brothers Inc, The First Boston
Corporation, GOldman, Sachs & Co., Merrill Lynch, Pierce, Fenner &
Smith Incorporated and Dean Witter Reynolds Inc., as Representatives
of the Underwriters, and the City of Anaheim, California in. the form
presented to this meeting.
SECTION 2. The City Council hereby authorizes the Mayor
to execute the Bond Purchase Agreement on behalf of the City of
Anaheim and to deliver the Bond Purchase Agreement to the
Representatives of the Underwriters.
SECTION 3. The City Council hereby approves the final
Official statement, dated April 27, 1983 (the "Official Statement"),
relating to the Bonds in substantially the form of the Preliminary
Official Statement dated Apr il 15, 19'83 (presented to this meeting)
with such changes thereto as are necessary to reflect the actual
terms of the Bonds and such other changes as the Mayor, the City
Manager and the Public Utilities General Manager of the City of
Anaheim shall approve (such approval to be conclusively evidenced by
their execution of the Official Statement), and the City Council
hereby approves the use of the final Official Statement by the
Underwriters in connection with the sale of the Bonds. The City
Council hereby further approves the use by the Underwriters of any
supplement or amendment to the final Official Statement hereafter
approved by the Mayor, the City Manager and the Public Utilities
General Manager of the City of Anaheim. The Mayor, the City Manager
and the Public Utilities General Manager of the City are hereby
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authorized and directed to execute the final Official statement and
any amendment or supplement thereto, in the name and on behalf of the
City, and thereupon to cause the final Official Statement and any
such amendment or supplement to be delivered to the Underwriters for
distribution to the purchasers of the Bonds.
SECTION 4. The City Council hereby appoints Bank of
America NT&SA, in the Cities of Los Angeles and San Francisco,
California, and BankAmerica Trust Company of New York, in the City of
New York, New York, as paying agents of the City for the Bonds.
SECTION 5. The City Council hereby approves the Escrow
Agreement, dated June l, 1983 (the "Escrow Agreement"), relating to
the defeasance of the $70,000,000 Electric Revenue Bonds, Issues A
and B of 1982, by and between the City of Anaheim and Bank of America
NT&SA in substantially the form presented to this meeting, with such
changes as the Mayor of the City of Anaheim shall approve (such
approval to be conclusively evidenced by his execution of such
Agreement).
SECTION 6. The City Council hereby authorizes the Mayor
to execute the Escrow Agreement on behalf of the City of Anaheim and
to deliver the Escrow Agreement to the proper officials of Bank of
AmericaNT&SA.
SECTION 7. The City Council hereby authorizes the appro-
priate officers of the City, for and on behalf of the City, to exe-
cute all such documents, instruments, certificates and other papers
and to do all such acts and things as may be necessary or desirable
to carry out the terms of the Bond Purchase Agreement and the Escrow
Agreement and otherwise necessary to complete the sale of~he Bonds
to the Underwriters and the application of the proceeds of sale of
the Bonds as described in the Official Statement.
ADOPTED, SIGNED AND APPROVED this 27th day of April, 1983.
( SEAL)
A/~
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Mayor
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ATTEST:~~.J~
C ty Clerk
STATE OF CALIFORNIA )
COUNTY OF ORANGE ) SSe
CITY OF ANAHEIM )
I, LINDA D. ROBERTS, City Clerk of the City of Anaheim, do hereby certify that
the foregoing Resolution No. 83R-172 was introduced and adopted at an
adjourned regular meeting provided by law, of the City Council of the City of
Anaheim held on the 27th day of April, 1983, by the following vote of the
members thereof:
AYES: COUNCIL MEMBERS: Kaywood, Pickler, Overholt, Bay and Roth
NOES: COUNCIL MEMBERS: None
ABSENT: COUNCIL MEMBERS: None
AND I FURTHER CERTIFY that the Mayor of the City of Anaheim signed said
Resolution No. 83R-172 on the 27th day of April, 1983.
IN WITNESS WHEREOF, I have hereunto set my hand and affixed the seal of the
City of Anaheim this 27th d~y of April, 1983.
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CITY C RK OF THE CIT OF ANAHEIM
(SEAL)
I, LINDA D. ROBERTS, City Clerk of the City of Anaheim, do hereby certify that
the foregoing is the original of Resolution No. 83R-172 duly passed and
adopted by the Anaheim City Council on April 27, 1983.
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CITY CLE
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