92-031 RESOLUTION NO. 92R-31
A RESOLUTION OF THE CITY COUNCIL OF
THE CITY OF ANAHEIM, CALIFORNIA
AMENDING CERTAIN PROVISIONS OF
RESOLUTION NO. 83R-169 OF THE CITY
COUNCIL (AS HERETOFORE SUPPLEMENTED
AND AMENDED)
WHEREAS, the City Council of the City of Anaheim (the
"City") at its meeting on April 27, 1983 adopted a Resolution,
designated as Resolution No. 83R-169, relating to the issuance of
Water Revenue Anticipation Notes of the City; and
WHEREAS, the City Council at its meeting on August 28,
1984 adopted a Resolution, designated as Resolution No. 84R-332,
amending and supplementing said Resolution No. 83R-169; and
WHEREAS, the City Council at its meeting on August 28,
1984 adopted a Resolution, designated as Resolution No. 84R-334,
supplementing said Resolution No. 83R-169; and
WHEREAS, the City Council at its meeting on September
2, 1986 adopted a Resolution, designated as Resolution No. 86R-
389, amending and supplementing said Resolution No. 83R-169; and
WHEREAS, the City Council at its meeting on October 28,
1986 ~dopted a Resolution, designated as Resolution No. 86R-481,
amending said Resolution 83R-169; and
WHEREAS, said Resolution No. 83R-169, as so
supplemented and amended, is herein referred to as the "Original
Resolution"; and
WHEREAS, it is in the best interest of the city to
amend the Original Resolution in certain respects; and
WHEREAS, the City and Bank of America National Trust
and Savings Association have heretofore entered into a Revolving
Credit Agreement dated June 1, 1983, an Amendment No. 1 thereto
dated September 19, 1984, an Amendment No. 2 thereto dated
November 6, 1984 and an Amendment No. 3 thereto dated July 1,
1985 and the City, Bank of America and Morgan Guaranty Trust
Company of New York have heretofore entered into an Amendment No.
4 thereto dated September 12, 1986, an Amendment No. 5 thereto
dated January 12, 1988, an Amendment No. 6 thereto dated August
9, 1988, an Amendment No. 7 thereto dated August 10, 1989 and a
letter amendment thereto dated August 8, 1990 (together, the
"Revolving Credit Agreement");
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF ANAHEIM
DOES HEREBY RESOLVE, DETERMINE AND ORDER AS FOLLOWS:
SECTION 1. The first "WHEREAS" clause of the Original
Resolution is hereby amended to read, in its entirety, as
follows:
WHEREAS, the city Council of
the City of Anaheim (the "City") at
its meeting on April 26, 1983,
adopted an Ordinance, designated as
Ordinance No. 4415, providing
procedures for the issuance, sale
and securing of Water Revenue
Anticipation Notes of the City and
providing terms and conditions of
said notes (as amended and
supplemented from time to time, the
"Ordinance"); and
SECTION 2. The Public Utilities General Manager (or,
in the absence of the Public Utilities General Manager, the
Public Utilities Financial Services Manager) is hereby authorized
to take any action, including action to amend the Revolving
Credit Agreement, necessary to effectuate the purposes of this
Resolution and the Ordinance of the City Council of the City of
Anaheim, California amending Certain Provisions of Ordinance No.
4415 of the city Council (as heretofore Supplemented and
Amended). The Mayor of the city and the City Clerk are hereby
authorized to, respectively, execute and deliver and attest and
seal any such amendment to the Revolving Credit Agreement.
SECTION 3. This Resolution shall be effective upon its
adoption (the "Effective Date"). Notwithstanding the
effectiveness of this Resolution on the Effective Date, the
provisions of Section 1 hereof shall not be effective until
either (a) the holder of each Note outstanding on the Effective
Date shall have consented in writing to the adoption of this
Resolution; or (b) each Note outstanding on the Effective Date
shall no longer be outstanding. Except as amended hereby, the
Original Resolution remains in full force and effect.
ADOPTED, SIGNED AND APPROVED this 25th day of February,
1992.
Attest:
City Clerk
STATE OF CALIFORNIA )
COUNTY OF ORANGE ) CS.
CITY OF ANAHEIM )
I, LEONORA N. SOHL, City Clerk of the City of Anaheim, do hereby certify that
the foregoing Resolution No. 92R-31 was introduced and adopted at a regular
meeting provided by law, of the Anaheim City Council held on the 25th day of
February, 1992, by the following vote of the members thereof:
AYES: COUNCIL MEMBERS: Simpson, Ehrle, Pickler, Daly and Hunter
NOES: COUNCIL MEMBERS: None
ABSENT: COUNCIL MEMBERS: None
AND I FURTHER certify that the Mayor of the City of Anaheim signed said
Resolution No. 92R-31 on the 26th day of February, 1992.
IN WITNESS WHEREOF, I have hereunto set my hand and affixed the seal of the
City of Anaheim this 26th day of February, 1992.
CITY CLERK OF THE CITY OF ANAHEIM
{SEAL)
1, LEONORA N. SOHL, City clerk of the city of Anaheim, do hereby certify that
the foregoing is the original of Resolution No. 92R-31 duly passed and adopted
by the City Council of the City of Anaheim on February 25, 1992.
0 o%
THE CITY OF ANAHEIM