93-060 CITY OF ANAHEIM RESOLUTION NO. 93R-60
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
ANAHEIMt C~LIFORNIA AUTHORIZING THE INVITATION
OF PROPOSALS FOR THE PURCHASE OF NOT TO EXCEED
$25,000,000 ~GGREG~TE PRINCIPAL AMOUNT OF
WATER REVENUE REFUNDING BONDS, 1993 SERIES, OF
SAID CITY; APPROVING A NOTICE INVITING BIDS
RELATING TO THE BONDS AND A NOTICE OF
INTENTION TO SELL BONDS; AND AUTHORIZING THE
DELIVERY OF ~ PRELIMIN&RY OFFICIAL STATEMENT
WHEREAS, this City Council deems it necessary and proper
that proposals be invited for the purchase of not to exceed
$25,000,000 aggregate principal amount of Water Revenue Refunding
Bonds, 1993 Series (the "Bonds") of the city of Anaheim, California
(the "City"), and that the Bonds 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
Bonds 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 a Notice
Inviting Bids for the Bonds or at such other dates and times as
shall be determined by the Manager.
SECTION 2. The Manager is hereby authorized to approve
a Notice Inviting Bids for the Bonds (such approval to be
conclusively evidenced by the distribution thereof). The City
Clerk is hereby authorized and directed to cause the Notice
Inviting Bids for the Bonds to be distributed to prospective
bidders for the Bonds upon their request.
SECTION 3. The Manager is hereby authorized to approve
a Notice of Intention to Sell Bonds (such approval to be
conclusively evidenced by the distribution thereof). The City
Clerk is hereby authorized and directed to cause the Notice of
Intention to Sell Bonds to be distributed to prospective bidders
for the Bonds upon their request. The City's distribution of the
Notice of Intention to Sell Bonds shall constitute the City's
notice of a public sale and the City shall not be required to
provide notice pursuant to Section 53692 of the California
Government Code.
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SECTION 4. The Manager may withdraw or modify the Notice
Inviting Bids and the Notice of Intention to Sell Bonds, or either,
at any time by notice published via Munifacts wire or other means
dete~ined by the Manager to be reasonably calculated to reach
potential bidders for the Bonds. If the Manager should withdraw
the Notice Inviting Bids and the Notice of Intention to Sell Bonds
at any time before the Bonds are awarded, and should at a later
date determine that it is desirable to receive bids for the Bonds,
then the city Clerk is hereby authorized to redistribute the Notice
Inviting Bids and the Notice of Intention to Sell Bonds with such
modifications or revisions as are approved by the Manager.
SECTION 5. The Manager is hereby authorized to approve
a Preliminary Official Statement relating to the Bonds (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 Bonds. The Manager is
authorized to deem the Preliminary Official Statement to be final
within the meaning of Security 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 Bonds, upon their request, a reasonable number of copies of the
Notice Inviting Bids and the Preliminary Official Statement.
SECTION 7. This Resolution shall take effect from and
after its date of adoption.
ADOPTED, SIGNED AND APPROVED this 20th day of April, 1993.
[SEAL]
Attest:
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CLERK
STATE OF CALIFORNIA )
COUNTY OF ORANGE ) sso
CITY OF ANAHEIM )
I, Leonora N. Sohl , City Clerk of the City of Anaheim, do hereby
certify that the foregoing Resolution No. 93R- 60 was introduced
and adopted at a regular meeting provided by law, of the City
Council of the City of Anaheim held on the 20thday of April, 1993 by
the following vote of the members thereof:
AYES: COUNCIL MEMBERS: Feldhaus, Pickler, Simpson, Daly
NOES: COUNCIL MEMBERS: None
ABSENT: COUNCIL MEMBERS: Hunter
AND I FURTHER certify that the Mayor of the City of Anaheim signed
said Resolution No. 93R-60 on the Zls~ day of .April , 1993.
IN WITNESS WHEREOF, I have hereunto set my hand and affixed the
seal of the City of Anaheim this 21stday of April , 1993.
CITY CLERK OF CITY OF ANAHEIM
(SEAL)
I, Leonora N. $ohl , City Clerk of the City of Anaheim, do hereby
cartify that the foregoing is the original of Resolution No. 93R-
60 duly passed and adopted by the Anaheim City Council on April
20th, 1993.
TY c or c TY 0r
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