HomeMy WebLinkAboutCC RES 85-118RESOLUTION N0. 85-118
A RESOLUTION OF THE CITY COUNCIL OF THE C1TY OF
PAIM DESERT, CAL[FORNIA. APPROVING OFFICIAL STATEMENT
WHEREAS. the City Council of the City of Palm Desert. California,
has heretofore undertaken proceedings pursuant to the "Municipa�
Improvement Act of 1913". being Division 12 of the Streets and Highways
Code of the State of California, and has confirmed assessments upon
lands within a special assessment district described in a Resolution
of Intention previously adopted for said improvements. said special
assessment district known and designated as
ASSESSMENT DISTRICT N0. 83-1
(hereinafter reFerred to as the "Assessment District"); and
WHEREAS, said proceedings provided for the issuance of bonds
�ursuant to the "Improvement Bond Act of 1915". being Division l0 of
the Streets and Highways Code of the State of California. and it is
necessary to establish terms and provisions of such issuance; and
WHEREAS. there has now been presented for consideration by this
legislative body an Official Statement containing information including
but not limited to the Assessment District and the type of bonds,
includinq terms and conditions thereof,
NOW, THEREFORE, iT IS HEREBY R�SOLVED AS FOLLQWS:
SECTION 1. That the above recitals are all true and correct.
SEC?10N 2. The Official Statement, as prepared and submitted,
is hereby approved and adopted. and the execution
and d i str i but i on i s hereby author i zed. A copy c�f
said Officiai Statement shall be kept on file with
the transcript of these proceedings and remain open
for public inspection.
PASSED. APPROVED, and ADOPTED by the City Counci l of the City of
Palm Desert, California, this 24th day of October, 1985, by the
following vote, to wit:
AYES: BENSON, JACKSON, KELLY, WILSON AND SNYDER
NOES: NONE
ABSENT: NONE
ABSTAIN: NONE
r
WALTER H. SNYOER, MAYO
ATTEST: -�
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SHEILA R. GILtIGAN, C�.�'Y C�ERK
CITY OF PALM DESERT, CALIFORNIA