92-206 CITY OF ANAHEIM RESOLUTION NO. 92R-206
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
ANAHEIM, CALIFORNIA AUTHORIZING THE INVITATION
OF PROPOSALS FOR THE PURCHASE OF NOT TO EXCEED
$65,000,000 AGGREGATE PRINCIPAL AMOUNT OF
CERTIFICATES OF PARTICIPATION OF SAID CITY;
APPROVING THE NOTICE INVITING BIDS AND THE
NOTICE OF INTENTION TO SELL CERTIFICATES; AND
AUTHORIZING THE DELIVERY OF THE PRELIMINARY
OFFICIAL STATEMENT AND THE PUBLICATION OF THE
NOTICE OF INTENTION TO SELL CERTIFICATES AND
THE NOTICE INVITING BIDS
WHEREAS, this City Council deems it necessary and proper
that proposals be invited for the purchase of not to exceed
$65,000,000 aggregate principal amount of Certificates of
Participation (the "Certificates") of the City of Anaheim,
California (the "City"), and that the Certificates be sold in the
manner described below;
NOW, THEREFORE, the City Council of the City of Anaheim,
California, DOES HEREBY RESOLVE, DETERMINE AND ORDER as follows:
SECTION 1. Sealed proposals for the purchase of the
Certificates shall be received by the Public Utilities General
Manager or the Public Utilities Financial Services Manager of the
City (the "Manager") at the date, time and place provided for in
the Notice Inviting Bids as hereinafter approved or at such other
dates and times as shall be determined by the Manager.
SECTION 2. The form, terms and provisions of the Notice
Inviting Bids, as submitted to this meeting, are hereby approved
and adopted as part of this Resolution. The city Clerk is hereby
authorized and directed to cause such notice to be published once,
at least fifteen (15) days prior to the earliest date for receiving
proposals provided for therein, in The Anaheim Bulletin, the
official newspaper of the City, with such changes, insertions and
omissions as the Manager or the city Clerk shall approve, such
approval to be conclusively evidenced by such publication of the
Notice Inviting Bids.
SECTION 3. The form, terms and provisions of the Notice
of Intention to Sell Certificates, as submitted to this meeting,
are hereby approved and adopted as part of this Resolution. The
City Clerk is hereby authorized and directed to cause such notice
to be published once, at least fifteen (15) days prior to the
earliest date for receiving proposals stated therein, in The Bond
Buyer, a financial publication circulated throughout California,
with such changes, insertions and omissions as the Manager or the
City Clerk shall approve, such approval to be conclusively
evidenced by such publication of the Notice of Intention to Sell
Certificates.
SECTIO~ 4. The Manager may withdraw or modify the Notice
Inviting Bids and the Notice of Intention to Sell Certificates, or
either, at any time by notice published via Munifacts wire or other
means determined by the Manager to be reasonably calculated to
reach potential bidders for the Certificates. If the Manager
should withdraw the Notice Inviting Bids and the Notice of
Intention to Sell Certificates at any time before the Certificates
are awarded, and should at a later date determine that it is
desirable to receive bids for the Certificates, then the City Clerk
is hereby authorized to republish the Notice Inviting Bids and the
Notice of Intention to Sell Certificates with such modifications or
revisions as are approved by the Manager.
SECTIO~ 5. The Manager is hereby authorized to approve
a Preliminary Official Statement relating to the Certificates (such
approval to be conclusively evidenced by the delivery thereof) (the
"Preliminary Official Statement") and the City Council hereby
approves the use of the Preliminary Official Statement in
connection with the offering and sale of the Certificates. The
Manager is authorized to deem the Preliminary official Statement to
be final within the meaning of Securities and Exchange Commission
Rule 15c2-12 subject to the completion of those items permitted by
said Rule.
SECTION 6. The City Clerk and the Manager are authorized
and directed to cause to be furnished to prospective bidders for
the Certificates, upon their request, a reasonable number of copies
of the Notice Inviting Bids and the Preliminary Official Statement.
ADOPTED, SIGNED AND APPROVED this 2~t~ day off,pt,, 1992.
[SEAL]
Attest:
~ity 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 foregoiing Resolution
No. 92R-206 was Introduced and adopted at a regular meeting provided by law, of the Anaheim City Council
held on the 29th day of September, 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-206 on
the 30th day of September, 1992.
IN WITNESS WHEREOF, I have hereunto set my hand and affixed the official seal of the Ci'Iy of Anaheim
this 30th day of September, 1992.
~' 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. 92R-206 was duly passed and adopted by the City Council of the City of Anaheim on
September 29, 1992.
'~'~. CITY CLERK OF THE~AI--IEIM