86R-090
CITY OP ANAHEIM RESOLUTION NO. 86R-90
RESOLUTION OP THE CITY COUNCIL OP THE CITY OF ANAHEIM,
CALIFORNIA, APPROVING BOND PURCHASE AGREEMENT RELATIR; TO
ELECTRIC REVENUE BONDS, ISSUE OF 1986, ARD AD'DIORIZING 'DIE
BXBCUTION, DELIVBRY AND PERFORMANCE THEREOF; APPROVING
OFFICIAL STATEMENT RELATING TO SAID BORDS; APPOINTING
PAYING AGENTS FOR SAID BONDS; AND AU'lB(JlIZIl<<i OFFICBRS OF
THE CITY TO DO ALL OTHER THINGS NECESSARY OR ADVISABLE
THEREFOR
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 March 4, 1986 ( "Bond Purchase Agreement"),
relating to the sale to Goldman, Sachs & Co., Merrill Lynch Capital
Markets, Prudential-Bache Securities and Salomon Brothers Inc (the
"Underwriters") of the City's $l29,27S,OOO Electric Revenue Bonds,
Issue of 1986 (the "Bonds"), by and between the Underwriters and the
City of Anaheim, California in the form presented to this meeting
with such changes thereto as the Mayor of the City of Anaheim shall
approve (such approval to be conclusively evidenced by his execution
of such Agreement).
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
Representative of the Underwriters.
SECTION 3. The Mayor, the City Manager and the Public
utilities General Manager of the City of Anaheim are hereby autho-
rized to approve an Official Statement (the "Official Statement")
relating to the Bonds (such approval to be conclusively evidenced by
their execution of the Official Statement), and the City Council
hereby approves the use of the Official Statement by the Underwriters
in connection with the offering and sale of the Bonds. The City
Council hereby further approves the preparation by the City and the
use by the Underwriters of any supplement or amendment to the
Official Statement which is necessary so that the Official Statement
does not include any untrue statement of a material fact and does not
omit to state a material fact necessary to make the statements there-
in, in the light of the circumstances in which they were made, not
miSleading. The Mayor, the City Manager and the Public utilities
General Manager of the City are hereby authorized and directed to
execute and deliver the Official statement and any amendment or
supplement thereto, in the name and on behalf of the city, and
thereupon to cause the Official Statement and any such amendment or
supplement to be delivered to the Underwriters for distribution to
the purchasers of the Bonds.
SEeTIOR 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.
SECTIOR 5. 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 ~pers
and to do all such acts and things as may be necessary or des1rable
to carry out the terms of the Bond Purchase Agreement and otherwise
necessary to complete the sale of the Bonds to the Underwriters and
the application of the proceeds of sale of the Bonds as described in
the Official statement.
SEC'.rIOR 6. T his Res 0 1 uti 0 n s hall t a k e e f f e c t
immediately.
ADOPTED, SIGNED AIm APPROVED this 4th day of March, 1986.
( SEAL)
Ay~~
AftEST:
'L~.7(~
Ci ty Clerk
-2-
CLERK
STATE OF CALIFORNIA )
COUNTY OF ORANGE ) SSe
CITY OF ANAHEIM )
I, LEONORA N. SOHL, City Clerk of the City of Anaheim, do hereby certify that
the foregoing Resolution No. 86R-90 was introduced and adopted at a regular
meeting provided by law, of the City Council of the City of Anaheim held on
the 4th day of March, 1986, by the following vote of the members thereof:
AYES:
COUNCIL MEMBERS: Kaywood, Overholt, Pickler and Roth
NOES:
COUNCIL MEMBERS: None
ABSENT:
COUNCIL MEMBERS: Bay
AND I FURTHER certify that the Mayor of the City of Anaheim signed said
Resolution No. 86R-90 on the 4th day of March, 1986.
IN WITNESS WHEREOF, I have hereunto set my hand and affixed the seal of the
City of Anaheim this 4th day of March, 1986.
C~~HEg~
(SBAL)
I, LEONORA N~ SOHL, City Clerk of the City of Anaheim, do hereby certify that
the foregoing is the original of Resolution No. 86R-90 duly passed and adopted
by the Anaheim City Council on March 4, 1986.
~~ /{S"~
CITY CLERK