HomeMy WebLinkAboutCC Reso No 1984-19RESOLU'rION N0. 84-19
A RESOLUTICkI OF THE CITY COUNCIL OF THE
CITY OF IAKE II,SINORE APPOINI'ING BOAID
COUNSEL~ AUTHORIZING EXECUTION OF AGREE-
I~T]T EOR B~ND Q~UNSEL SERVICES PND
DESIINATINC, UNDEI~TRI'CER FOR TAX-F~ENNIP'T
MULTIFAMILY MORTC~GE REVENf~ BONDS ~
WHERFAS, the City of Lake Elsinore, California, (the "City") desires to
undertake ~rtain proceedings for the issuance of revenue bonds for a multifamily
rental housing development to be constructed by Barclays inland F~npire, a
California qeneral partnership (the "Developer"), and further desires to anploy
Bond Counsel arrl appoint the Managinq Underwriter in connection therewith; and
WHEREAS, a Special Counsel Agreement-has been received fran the firm o£
Nazarek, Harper, Hopkins & McFarli.n for said Bond Counsel Services, and a
Proposal has been receivec] from the firm of Birr, Wilson & Co., Inc. for services
pertaining to the underwriting of said issue.
NOW, THhREFORE, ~ IT RE9~LVE~D by the City Council of the City of Lake
Elsinore, California, as follows:
SECTION 1. The agreement for Special Counsel Services by arzl between the City
and Nazarek, Harper, Hopkins & McFarlin in connection with said
revenue bonc3 financing proceedings, a~py of which is on file with
the City Clerk of the City, is hereby approved and the Mayor is
authorized and directed to execute sai~] aqreement in the name of and
on behalf of the City of Lake Elsinore.
SECTION 2. 7.he firm of Birr,Wilson & Co., Inc., is hereby appointed ard
designated to act as Managing Underwriter pursuant to a proposal on
file with the City Clerk of the City.
SECTION 3. This resolution shall talre effect immediatelv.
PASS~, APPI~VE~ and ADOPTID by the City Council of the City of Lake
Elsinore, California, at a regular meeting held on this 8th day of May, 1984, by
the following wte, to wit:
AYF.S: KNIGHT, MATSON, STRIGOTTE, VALENZUELA
NOES: VERMILLION
P,BSENT: NONE
ABSTAIN: NONE
a Valenzuela M r
City of Lake Els' re
ATl'EST:
~~
J Ann Money, City Clerk
i y of Lake Elsinore
STATE OF CALIFORNIA )
) ss.
COUNTY OF RIVERSIDE )
I, Jo Ann Money City Clerk of the City of Lake Elsinore,
DO HEREBY CERTIFY that the foregoing resolution was duly adopted by the
City Council of the City of Lake Elsinore at a regular meeting of said
Council on the 8th day of MaY ___ _~ 198~, and
that it was so adopted by the following vote:
AYES: COUNCILMEMBERS: KNIGHT, MATSON, STRIGOTTE, VALENZUELA
NOES: COUNCILMEMBERS: VERMILLION
ABSENT: COUNCILMEMBERS: NONE
~
NN MONEY, CIT CLERK
Y OF LAKE ELSINORE
(SEAL)
STATE OF CALIFORNIA
COUNTY OF RIVERSIDE
ss.
I Jo Ann Money, City Clerk of the City of Lake Elsinore,
DO HEREBY CERTIFY that the above and foregoing is a full, true and correct
copy of Resolution No. 84-19 , of said Council, and that the same
has not been amended or repealed.
DATED: May 8, 1984
~
J NN MONEY, CITY ERK
Y OF LAKE ELSINORE
(SEAL)