1985-089a
t ~
~.~- RESOLUTION NO. 85R-89
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ANAHEIM
APPROVING AND AUTHORIZING EXECUTION OF LEASE AGREEMENT,
TRUST AGREEMENT, AGENCY AGREEMENT, AND CERTIFICATE
PURCHASE AGREEMENT AND AUTHORIZING AND DIRECTING CERTAIN
ACTIONS WITH RESPECT THERETO
BE ~T HEREBY RESOLVED by the City Council of the City of Anaheim,
California, as follows:
1. That the following documents be and are hereby approved and that the
Mayor be and is hereby authorized to execute said documents and the City Clerk
be and is hereby authorized to attest his signature:
(i) Lease Agreement Relating to Capital Improvements Project B
by and between Anaheim Public Improvement Corporation (the
"Corporation"> as lessor and the City of Anaheim (the "City") as lessee,
dated as of March 1, 1985;
(ii) Trust Agreement Relating to Capital Improvements Project B,
by and among Security Pacific National Bank, as Trustee, the Corporation
and the City, dated as of March 1, 1985.
(iii) Agency Agreement Relating to Acquisition, Construction and
Installation of Capital Improvements Project 6, by and between the
Corporation and the City, dated as of March i, 1985;
(iv) Purchase Agreement Dated February 19, 1985 Relating to
$4,585,000 Certificates of Participation (Capital Improvements Project
B) Evidencing a Proportionate Interest of the Owners Thereof in Lease
Payments to be Made by the City of Anaheim, California As the Rental for
Certain Property Pursuant to a Lease Agreement with Anaheim Public
Improvement Corporation, by and among Merrill Lynch Capital Markets, the
Trustee, and the City.
2. That the Finance Director be and is hereby directed to complete any
blanks in the documents listed in paragraphs (i> through (iii) of Section 1 of
this Resolution to contain the amounts and dates set forth in the Purchase
.- Agreement listed in paragraph (iv) of Section 1 of this Resolution.
3. That the Mayor and City Clerk be and are hereby authorized to
approve insertions of legal descriptions and any nonsubstantive changes in the
documents listed in Section 1 of this Resolution as are necessary to reflect
accurately the transactions set forth in said documents.
4. That the Mayor, City Clerk, Finance Officer and other officers of
the City are authorized and directed to execute such certificates, agreements
and other closing documents as are necessary to consummate the transaction
contemplated by the documents set forth in Section 1 of this Resolution.
THE FOREGOING RESOLUTION is approved and adopted by the City Council of
the City of Anahe i m th i s ~g day of Februarv, 1985 .
/~~
M YOR OF THE CITY OF NAHEIM
ATTEST:
g_s~~~ .----
ITY CLERK. OF THE-. CITY GF ANAHEIM
2
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. 85R-89 was introduced and adopted at a regular -r•s,,~
meeting provided by law, of the City Council of the City of Anaheim held on
the 19th day of February, 1985, by the following vote of the members thereof:
AYES: COUNCIL MEMBERS: Kaywood, Pickler, Overholt and Roth
NOES: COUNCIL MEMBERS: Bay
ABSENT: COUNCIL MEMBERS: None
AND I FURTHER certify that the Mayor of the City of Anaheim signed said
Resolution No. 85R-89 on the 19th day of February, 1985.
IN WITNESS WHEREOF, I have hereunto set my hand and affixed the seal of the
City of Anaheim this 19th day of February, 1985.
~... ~ ,
C T LE 0 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. 85R-89 duly passed and adopted
by the Anaheim City Council on Feburary 19, 1985.
CITY CLERK