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1979-298RESOLUTION NO. 79R- 298 a A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ANAHEIM ACCEPTING A PROPOSAL OF THE BANK OF AMERICA NT SA FOR A POLITICAL SUBDIVI- SION LEASE OF A NEW SCOREBOARD AT THE ANAHEIM STADIUM SUBJECT TO APPROVAL OF THE CITY ATTORNEY IN THE FORMAL DOCUMENTS AND AUTHOR- IZING THE MAYOR AND CITY CLERK TO EXECUTE THE ACCEPTANCE OF THE PROPOSAL AND THE FORMAL DOCUMENT WHEN APPROVED BY THE CITY ATTORNEY. WHEREAS, the City of Anaheim is in process of expanding the Anaheim Stadium by the addition of approximately 27,000 addi- tional seats; and WHEREAS, as a result, the City is in need of an addi- tional scoreboard; and WHEREAS, it is necessary to finance the costs of con- struction of said scoreboard; and WHEREAS, the Bank of America `TT SA has submitted a proposal for a political subdivision lease, the terms and condi- tions of which are satisfactory to the City; and WHEREAS, the City Attorney is authorized to approve the formal lease documents when presented to the City; and WHEREAS, it is in the best interests of the City to approve the proposal of the Bank of America .T SA. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Anaheim that the proposal of the Bank of America for a political subdivision lease of a new scoreboard at the Anaheim Stadium be, and the same is hereby, approved. BE IT FURTHER RESOLVED that the City Attorney be author- ized to approve the terms and conditions of the formal lease docu- ments when presented to the City of Anaheim. BE IT FURTHER RESOLVED that the Mayor and City Clerk are authorized to execute the proposal of the Bank of America IT SA. BE IT FURTHER RESOLVED that the Mayor and City Clerk are authorized to execute the formal lease documents when approved by the City Attorney for and on behalf of the City of Anaheim. THE FOREGOING RESOLUTION is approved and adopted by the City Council of the City of Anaheim this 22nd day May, 1979. ATTEST: LIN D. ROBERT. CI CL C LERK 0 HE CITY u DEPUTY OF ANAHEIM FAL, JR:fm YOR OF THE C Y OF ANAHEIM STATE OF CALIFORNIA COUNTY OF ORANGE ss. CITY OF ANAHEIM (SEAL) I, LINDA D. ROBERTS, City Clerk of the City of Anaheim, do hereby certify that the foregoing Resolution No. 79R -298 was introduced and adopted at a regular meeting provided by law, of the City Council of the City of Anaheim held on the 22nd day of May, 1979, by the following vote of the members thereof: AYES: COUNCIL MEMBERS: Overholt,:Kaywood, Bay, Roth and Seymour NOES: COUNCIL MEMBERS: None ABSENT: COUNCIL MEMBERS: None AND I FURTHER CERTIFY that the Mayor of the City of Anaheim signed said Resolution No. 79R -298 on the 22nd day of May, 1979. IN WITNESS WHEREOF, I have hereunto set my hand and affixed the seal of the City of Anaheim this 22nd day of May, 1979. LINDA D. ROBERTS, CITY CLERK BY: t4071.414L DEPUTY CITY CLERK OF THE CITY OF ANAHEIM I„ LINDA D. ROBERTS, City Clerk of the City of Anaheim, do hereby certify that the foregoing is the original of Resolution No. 79R -298 duly passed and adopted by the Anaheim City Council on May 22, 1979. LINDA D ROBERTS, CITY CLERK BY: PUTY CITY CLE