86R-092
CITY OP ANAHEIM RESOLUTION NO. 86R-92
RESOLUTION OP.'l'BE CITY COUNCIL OP THE CITY OP ANAHEIM,
CALIPORNIA, APPROVING BOND PURCHASE AGREEIIBRT RBLATIK3 TO
WATER REVENUE BONDS, 1986 SERIES, AIm AtmlORIZIR; mE EXE-
CO'l'ION, DELIVERY AND PERFORllANCB 'l'BEREOF; APPROVIR; OFFI-
CIAL STATEMER'l' RELATING TO SAID BONDS; APPOINTING PAYING
AGENTS POR SAID B(RX;I AND AD'DIClUZIK; OFFICERS OP 'DIE CITY
TO DO ALL OTHER 'l'BIRGS NECESSARY OR AVISABLE 'l'BERBPOR
The City Council of the City of Anaheim, California, DOES
HEREBY RESOLVE, DETERMINE ARD ORDER as follows:
SECTION 1. The City Council hereby approves the Bond
Purchase Agreement, dated March 4, 1986 (the "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 $7,160,000 Water
Revenue Bonds, 1986 Series (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.
BEef lOR 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.
SECTION 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 papers
and to do all such acts and things as may be necessary or desirable
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.
SECTION 6. T his Res 0 1 uti 0 n s hall t a k e e f f e c t
immediately.
ADOPTED, SIGNED AND APPROVED this 4th day of March, 1986.
( SEAL)
~4c~
Ma.yor
AT'rBS'r: ~CJL /C ~
Ci ty Clerk
-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. 86R-92 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-92 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.
~~~~.
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. 86R-92 duly passed and adopted
by the Anaheim City Council on March 4, 1986.
~..;7( S~
CITY CLERK