1985-0662355W JHHW:SSW:cmw 01/07/85
:ebb 01/22/85
RESOLUTION N0. 85R-66
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ANAHEIM
APPROVING A PRELIMINARY OFFICIAL STATEMENT AND AUTHORIZING
CERTAIN ACTIONS WITH RESPECT THERETO
WHEREAS, there has been presented to this Council on the date hereof a
Preliminary Official Statement relating to Certificates of Participation
(Capital Improvements Project B> (the "Certificates") evidencing a
proportionate interest of the owners thereof in lease payments to be made by
the City of Anaheim, California to Anaheim Public Improvement Corporation,
and this Council, with the aid of its staff, has reviewed said Preliminary
Official Statement and each and every part thereof; and
WHEREAS, it is in the public interest and for the public benefit that
said Preliminary Official Statement be approved and that certain actions with
respect thereto be authorized;
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of
Anaheim, California, as follows:
1. The facts contained in the Preliminary Official Statement as
presented to this Council on the date hereof are true and correct in all
material respects and the Preliminary Official Statement contains no untrue
statement of a material fact necessary to make a statement therein not
misleading in light of the circumstances under which it was made, provided,
however, that the Preliminary Official Statement does not contain final
interest rates and lease payments and other amounts therein are subject ~to
change.
2. The Preliminary Official Statement is approved for distribution in
the offering and sale of Certificates of Participation described in said
Preliminary Official Statement.
3. The Mayor or other qualified officer of the City is authorized to
approve corrections and additions to the Preliminary Official Statement by
supplement or amendment thereto, or by appropriate insertions into the Final
Official Statement, or otherwise as appropriate, provided that any such
corrections or additions shall be necessary to cause the information contained
therein to conform with facts material to the Certificates or to the
proceedings of this Council or such corrections or additions are in form
rather than in substance.
4. Merrill Lynch Capital Markets, on behalf of the City, is authorized
and directed to cause the Preliminary Official Statement to be distributed to
such municipal bond broker-dealers, to such banking institutions and to such
other persons as may be interested in purchasing the Certificates referred to
therein.
5. The Mayor or other appropriate officer of the City is authorized and
directed to cause the Preliminary Official Statement to be placed in the form
of a Final Official Statement by inserting in said Final Official Statement
the interest rates with respect to the Certificates following the sale
thereof, appropriate provisions regarding redemption and sources and uses of
funds, and the schedule of lease payments and such other provisions as are
necessary to assure disclosure of all material facts relating to the
Certificates.
6. The Mayor, City Clerk or other qualified officer is authorized to
execute and cause to be delivered to the purchaser of the Certificates for
distribution, which distribution is hereby approved on behalf of the City,
said Final Official Statement, dated as of the date of sale of the
Certificates, and a statement that the facts contained in the Final Official
Statement, and any supplement or amendment thereto (which shall be deemed an
original part thereof for the purpose of such statement) were, at the time of
the sale of the Certificates, and are, as of the date of delivery of the
Certificates, true and correct in all material respects and that the Final
Official Statement did not, at the date of the sale of the Certificates, and
does not, as of the date of delivery of the Certificates, contain any untrue
statement of a material fact or omit to state material facts required to be
stated where necessary to make a statement not misleading in light of the
circumstances under which it was made. The signer shall, with the aid of the
staff of the City, take such further actions prior to the signing of the
statement as are deemed necessary or appropriate to verify the accuracy of the
statement.
THE FOREGOING RESOLUTION is approved and adopted by the City Council of
the City of Anahe i m thi s 5th day of February 1985 .
- -
MAYOR OF THE CITY 0 ANAHEIM
ATTEST:
rI~
CITY CLERK OF THE CITY OF ANAHEIM
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. 85R-66 was introduced and adopted at a regular ,,..,~
meeting provided by law, of the City Council of the City of Anaheim held on
the 5th day of February, 1985, by the following vote of the members thereof:
AYES: COUNCIL MEMBERS: Kaywood, Pickler, Overholt and Roth
NOES: COUNCIL MEMBERS: Bay
ABSENT: COUNCIL MEMBERS: None
AND I FURTHER certify that the Mayor of the City of Anaheim signed said
Resolution No. 85R-66 on the 5th day of February, 1985.
IN WITNESS WHEREOF, I have hereunto set my hand and affixed the seal of the
City of Anaheim this 5th day of February, 1985.
/~
CITY CLERK OF T E 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. 85R-66 duly passed and adopted
by the Anaheim City Council on February 5, 1985.
OK ~.
CITY CL 'RK
~::