HomeMy WebLinkAboutCC RES 89-043RESOLUTION N0. 89-43
A RESOlUTION OF THE CITY COUNCIL OF THE
CITY OF PALM OESERT APPROVING THE ISSUANCE
OF BONDS BY THE PALM DESERT REDEVELOPMENT AGENCY
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THE CITY COUNCIL OF THE CITY OF PALM DESERT HEREBY
FINDS, DETERMINES, RESOLVES AND ORDERS AS FOLLOWS:
Section 1. The Palm Desert Redevelopment Agency
proposes to issue bonds of the Agency pursuant to its Resolution
entitled: "A Resolution of the Palm Desert Redevelopment Agency
Authorizing the Issuance end Providing for the Sale of Its
Pro�ect Area No. 1, As Amended (Added Territory Only),
Subordinate Tax Allocation Bonds, Issue of 1989, to Atd in the
Financing of a Portion of the Cost of A Redevelopment Project", a
copy of which has been presented to the City Councii of the City
of Pa 1 m Desert at th t s meet i ng, and a copy of wh 1 ch i s noN on
file in the office of the City Clerk.
Section 2. The issuance of bonds by the Agency
substantially in accordance with the Resolutlon described above
is hereby approved.
PASSED, APPROVEO, AND ADOPTED this 27th day of April,
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A YE S: CRITES, KELLY, SNYDER, WILSON
N 0 E S: NONE
ABSENT: BENSON
A B S T A I N: NONE
SHEILA R. GIL
CLERK
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