ARA1980-040RESOLUTION NO. ARA 80 -40
RESOLUTION OF THE
ANAHEIM REDEVELOPMENT AGENCY
AWARDING $10,000,000 BONDS OF SAID
AGENCY TO THE BEST BIDDER AND REJECTING ALL OTHER BIDS
WHEREAS, at the time and place fixed for the
opening of bids for the $10,000,000 Bonds of the Anaheim
Redevelopment Agency, designated the "Redevelopment Project
Alpha Tax Allocation Bonds, Series B," (the "Bonds "), and
numbered B -1 to B -2000, inclusive, all bids were publicly
opened, examined and read, and a tabulation thereof has
been entered in the minutes; and
WHEREAS, the bid of the bidder hereinafter
named is the best bid made by a responsible bidder for
the Bonds;
NOW, THEREFORE, the Anaheim Redevelopment Agency
DOES HEREBY RESOLVE, DETERMINE AND ORDER as follows:
Section 1. The bid Of Blyth Eastman Pain Webber ,
attached hereto and marked "Exhibit 1, specifying the
purchase price for the Bonds including accrued interest
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to the date of delivery and the interest rates per annum,
is the bid for the Bonds producing the lowest net interest
cost to the Agency. Said bid is hereby accepted and
the Bonds awarded to said best bidder in accordance with
the terms of the bid.
Section 2. All bids other than the one accepted
in Section 1 hereof are rejected, and the Secretary is
directed to return the check accompanying each rejected
bid to the unsuccessful bidder.
Section 3. The interest rates on the Bonds are
hereby fixed at the rates stated in the attached bid.
Section 4. The Treasurer is hereby directed to
deliver the Bonds to the successful bidder upon payment
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therefor, including accrued interest to the date of
delivery.
ADOPTED, SIGNED AND APPROVED this 29th day
of October, 1980.
r
Chairman Pro Tem
ATTEST:
Secretary
[SEAL]
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STATE OF CALIFORNIA )
COUNTY OF ORANGE )
CITY OF ANAHEIM )
I, LINDA D. ROBERTS, Secretary of the Anaheim Redevelopment Agency, do
hereby certify that the foregoing Resolution No. ARA80 -40 was passed and
adopted at an adjourned regular meeting of the Anaheim Redevelopment Agency
held on the 29th day of October, 1980, by the following vote of the members thereof:
AYES: AGENCY MEMBERS: Kaywood, Bay, Roth and Overholt
NOES: AGENCY MEMBERS: None
ABSENT: AGENCY MEMBERS: Seymour
AND I FURTHER CERTIFY that the Chairman Pro.Tem of the Anaheim Redevelopment
Agency signed said Resolution on the 29th day of October, 1980.
IN WITNESS WHEREOF, I have hereunto set my hand and seal this 29th day of
October, 1980.
SECRETA Y OF THE ANAHEI REDEVELOPMENT AGENCY
(SEAL)