88-20511009 30 JHHW:BDQ:kI~, 05/04/88 Z3487
CITY OF ANAHEIM
RESOLUTION NO. 88R- 20.5
A RESOLUTION CALLING FOR BIDS FOR NOTES,
APPROVING DISTRIBUTION OF OFFICIAL STATEMENT,
OFFICIAL NOTICE OF SALE AND BID FORM, AND AUTHORIZING
AND DIRECTING CERTAIN ACTIONS WITH RESPECT THERETO
RESOLVED, by the City Council of the City of Anaheim, California (the "City"), as
follows:
WHEREAS, this City Council proposes to authorize the issuance of its 1988 Tax
and Revenue Anticipation Notes (the "Notes") and, in furtherance thereof, the financial
advisor to the City has been directed to prepare an official statement (the "Official
Statement") and bond counsel to the City has been directed to prepare an official notice
of sale (the "Offical Notice of Sale") and a bid form (the "Bid Form");
WHEREAS, the Official Statement, the Official Notice of Sale and the Bid Form
have been prepared and filed with the City Clerk, and this Council, with the aid of its
staff, has reviewed each and every part thereof;
NOW, THEREFORE, it is hereby DETERMINED and ORDERED as follows:
1. The facts contained in the Official Statement are true and correct in all material
respects and the Official Statement contains no untrue statement of a material fact
necessary to make a statement therein not misleading in the light of the circumstances
under which it was made, provided, however, that the Official Statement does not
contain final interest rates on the Notes.
2. The Finance Director or other qualified officer of the City is authorized to
approve corrections and additions to the Official Statement by supplement or
amendment thereto, 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 Notes or to the proceedings of the City or such corrections or
additions are in form rather than substance.
3. The Official Statement, the Official Notice of Sale and the Bid Form are
approved for distribution in the offering and sale of the Notes.
4. The City's financial advisors, on behalf of the City and its City Clerk, are
authorized and directed to cause the Official Statement, Official Notice of Sale and Bid
Form 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 Notes
therein offered for sale.
5. The City Clerk is authorized and directed to execute the Official Notice of Sale
on behalf of the City and to call for bids for the sale of the Notes.
6. The Mayor is authorized and directed to execute the Official Statement and a
statement that the facts contained in the 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 sale of the Notes, true and correct in all material
respects and that the Official Statement did not, on the date of sale of the Notes, and
does not, as of the date of delivery of the Notes, contain any untrue statement of a
material fact with respect to the City or omit to state material facts with respect to the
City required to be stated where necessary to make any statement made therein not
misleading in the light of the circumstances under which it was made. The Mayor shall
take such further actions prior to the signing of the Official Statement as are deemed
necessary or appropriate to verify the accuracy thereof.
THE FOREGOING RESOLUTION is approved and adopted by the City Council of
the City of Anaheim this 24th day of May, 1988.
M AY-"0-~' O--~-~~N AH ElM
All'EST:
CITY CLERK OF THE CITY OF ANAHEIM
-2-
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 Resolution No. 88R-205 was introduced and adopted at a regular
meeting provided by law, of the City Council of the City of Anaheim held on
the 24th day of May, 1988, by the following vote of the members thereof:
AYES:
NOES:
ABSENT:
COUNCIL MEMBERS:
COUNCIL MEMBERS:
COUNCIL M~BERS:
Ehrle, Hunter, Kaywood, Pickier and Bay
None
None
AND I FURTHER certify that the Mayor of the City of Anaheim signed said
Resolution No. 87R-205 on the 26th day of May, 1988.
iN WITNESS WHEt{EOF, I have hereunto set my hand and affixed the seal of the
City of Anaheim this 26th day of May, 1988.
(SEAL)
I, LEONO}~A N. SOHL, City Clerk of the City of Anaheim, do hereby certify that
the foregoing is the original of Resolution No. 88R-205 duly passed and
adopted by the Anaheim City Council on May 24, 1988.
CITY CLERK OF THE CITY OF ANAHEIM