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93-245 CITY OF ~NAHEIM RESOLUTION NO. 93R- 245 RESOLUTION :6F THE CITY COUNCIL OF THE CITY OF ANAHEIM, CALIFORNIA'AUTH(H~NG THE INVITATION OF PROPOSALS FOR THE~!~URC'HASE. OF NOT TO ~XCEED $20,000,000 AGGREGATE .PRINCIPAL AMOUNT OF BONDS OF THE AN~HE IM:~,~' PUBLIC FINANCING AUTHORITY?AND A~Ti~0~IZING THE DELIVERY OF A PRELIMINAHY OFFICIAL STATEMENT WHEREAS, the City of ~%naheim (the "City") and the Anaheim Redevelopment Agency have heretofore entered into a Joint Exercise of Powers Agreement establishing the Anaheim Public Financing Authority (the "Authority") for the purpose, among others, of issuing the Authority's bonds to be used to provide financial assistance to the City; and WHEREAS, it has been PrOposed that the Authority assist the City in the financing of the replacement, construction and/or reconstruction of the City's Lenain Filtration Plant and related facilities, including additions and improvements thereto; and WHEREAS, this City Council d~ems it necessary and proper that proposals be invited for the purchase of not to exceed $20,000,000 aggregate principal amount of Anaheim Public Financing Authority Revenue Bonds, 1994 Series (City of Anaheim Water Utility Lenain Filtration Plant Project) (the "Bonds"), and that the Bonds be sold in the manner described below; NOW, THEREFORE, the city Council of the City of Anaheim, California, DOES HEREBY RESOLVE, DETERMINE AND ORDER as follows: SECTION 1. Sealed proposals for the purchase of the Bonds shall be received by the Public Utilities General Manager or the Public Utilities Financial Services Manager ef the City (the "Manager") at the date, time and place provided ~or in a Notice Inviting Bids for the Bonds or' at such other dates and times as shall be determined by the Manager. SECTION ~. The Manager is hereby authorized to approve a Preliminary Official Statement relating to the Bonds (such approval to be conclusively evidenced by the delivery thereof) (the "Preliminary Official Statement") and the City Council hereby approves the use of the Preliminary official Statement in connection with the offering and sale of the Bonds. The Manager is authorized to deem the Preliminary official Statement to be final within the meaning of Security and Exchange Commission Rule 15c2-12 subject to the ~completion of those items permitted by said Rule. LA01 \1080\11196.Z 94601.Z1 SECTION 3. The City Clerk and the Manager are authorized and directed to cause to be furnished to prospective bidders for the Bonds, upon their request, a reasonable number of copies of the Notice Inviting Bids and the Preliminary Official Statement. SECTION 4. This Resolution shall take effect immediately upon its adoption. THE FOREGOING RESOLUTION is approved and adopted by the City Council of the City of Anaheim on this 21stday of December, 1993. CITY CLERK OF THE CITY OF ANAHEIM LA01 \1080\11196.2 94601.21 STATE OF CALIFORNIA ) COUNTY OF ORANGE ) ss. CITY OF ANAHEIM ) I, LEONORA N. SOHL, City Clerk of the City of Anaheim, do Ihereby certify that the foregeing Resolution No. 93R-245 was introduced and adopted at a regular meeting provided by law, of the Anaheim City Council held on the 21st day of December, 1993, by the following vote of the members thereof: AYES: COUNCIL MEMBERS: Feldhaus, Pickler, Daly NOES; COUNCIL MEMBERS: None ABSENT: COUNCIL MEMBERS: Simpson, Hunter AND I FURTHER CERTIFY that the Mayor of the City of Anaheim signed said Resolution No. 93R-244 on the 21st day of December, 1993. IN WITNESS WHEREOF, I have hereunto set my hand and affixed the official seal of the City of Anaheim this 22nd day of December, 1993. 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 of Resolution No. 93R-245 was duly passed and adopted by the City Council of the City of Anaheim on December 21, 1993. CITY CLERK OF THE CITY OF ANAHEIM