Loading...
477111� ORDINANCE NO. 4771 AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF ANAHEIM, CALIFORNIA AMENDING ORDINANCE NO. 4414 OF THE CITY COUNCIL #7 WHEREAS, the City Council of the City of Anaheim (the #13,14 "City") at its meeting on April 26, 1983, adopted an Ordinance desig- #15 nated as Ordinance No. 4414 providing for procedures for the authori- #16 nation, issuance.and sale of electric refunding revenue bonds of the #17,18 City; and #19 WHEREAS, the City Council has determined that it is neces- #20 sary and desirable to amend said Ordinance No. 4414 in the manner #21,22 hereinafter set forth; #(22) NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF ANAHEIM #24 DOES ORDAIN AS FOLLOWS: #25 SECTION 1. Section 3 of Ordinance No. 4414 of the City #26 Council of the City of Anaheim is hereby amended to read, in its #27 entirety, as follows: #(27) SECTION 3. That the electric revenue refunding bonds will also be issued in accordance with the provisions of Sections 53580 to 53589 of the Government Code of the State of California, as amended from time to time, provided that notwithstanding said Sections the.proceeds of such refund- ing bonds and any interest or other investment income therefrom may only be invested or reinvested in such obli- gations or securities as shall have been authorized by -res- olution of the City Council. Such refunding bonds may be issued at any time in a principal amount sufficient to pro- vide funds for any or all of the following, as determined by resolution of the City Council: (a) payment of the principal of, premium (if any) on, and interest to the date of maturity or prior redemption on, the bonds to be so refunded; (b) deposits to bond reserve funds for said refunding bonds; (c) all or a portion of the interest on said refunding bonds from the date thereof to such date or dates as the City Council shall determine; (d) any discount involved in the sale of said refunding bonds; and (e) all other costs or expenses incidental to or in connection with the authorization, issuance or sale of said refunding bonds and the purchase, redemption or retirement of the bonds to be so refunded. SECTION be published one Anaheim Bulletin, 9-4601.9.2983.01:2 #28 #28.0.: #28.0.: #28.0.: #28.0.1 #28.0., #28.0. # (28.0, #28.0.( #29 #30 #31 #32 # (32) #33 #34 #35 #36 #37 # (37) #38 #39 # (39) 2. The City Clerk shall cause this Ordinance to #41 e within fifteen days after its adoption, in The #42 the official newspaper of the City. #43 #10 N SECTION 3. This Ordinance shall become effective thirty #45 days from and after the date of its adoption. Except as amended #46,47 hereby, Ordinance No. 4414 remains in full force and effect. #48 ADOPTED, SIGNED AND APPROVED this 28th day of October, #49 1986. #(49) Attest: Leonora N. Sohl, City Clerk City Clerk 94601.9.2983.01:2 -2- / el- #52 Mayor 1 #(52) #55 # (5 5) #58 #59 #5 #(5) 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 Ordinance No. 4771 was introduced at a regular meeting of the City Council of the City of Anaheim, held on the 14th day of October, 1986, and that the same was duly passed and adopted at a regular meeting of said City Council held on the 28th day of October, 1986, by the following vote of the members thereof: AYES: COUNCIL MEMBERS: Kaywood, Bay, Overholt, Pickler and Roth NOES: COUNCIL MEMBERS: None ABSENT: COUNCIL MEMBERS: None AND I FURTHER CERTIFY that the Mayor of the City of Anaheim signed said Ordinance No. 4771 on the 28th day of October, 1986. IN WITNESS WHEREOF, I have hereunto set my hand and affixed the official seal of the City of Anaheim this 28th day of October, 1986. (SEAL) I, LEONORA N. SOHL, City Clerk of the City of Anaheim, do hereby certify that the foregoing is the original Ordinance No. 4771 and was published once in the Anaheim Bulletin on the 7th day of November, 1986. CITY CLERK 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 Ordinance No. 4771 and was published once in the Anaheim Bulletin on the 7th day of November, 1986. CITY CLERK