HomeMy WebLinkAboutCC Reso No 1965-1155
CITY OF ELSINORE
RESOLUTION NOo 1155
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RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ELSINOP~,
CALIFORNIA, AUTHORIZING SECURITY FIRST NATIONAL BANK AS PAYING
AGENT FOR THE $400,000.00 1964 WATER REVENUE BOND ISSUE OF SAID
CITY.
vlliEREAS, pursuant to Resolution No. 1154 of the City Council
of the City of Elsinore, the 1964 Water Revenue Bonds were sold to
the United States Government; and
WHEREAS, the City of Elsinore desires to enter into a paying
agency agreement with the Security First National Bank requiring
said Bank to pay all interest and principal due on said bonds out
of funds deposited by the City of Elsinore.
NOW, THEREFORE, the City Council of the City of Elsinore,
California, does hereby resolve, determine and order as follows:
The Mayor and City Clerk of the City of Elsinore are authorized
and instructed to execute a. paying agency agreement presented to the
City Council and attached hereto as Exhibit "A" and incorporated
herein by reference, and forward such agreement to the Security First
National Bank for execution by said Bank.
ADOPTED, SIGNED and APPROVED this 23rd day of February, 1965.
Mayor of the City of Elsinore,
California
ATTEST:
(s E A L)
City Clerk of 'the City of Elsinore,
Ca.lifornia.
CI:ry 0::7 ELSL,C.'P-E
RESOLUTION NO.
1155
-...-
RESOLUTION OF THE CITY CODNCIL OF THE CITY OF ELSINORE,
CALIFORNIA, AUTHORIZING SECURll: FIRST NATIONAL BANK AS PAYING
AGENT FOR THE $400,000.00 1964 IJ.:\TER REVENUE BOND ISSUE OF SAID
CITY.
WHEREAS, pursuant to Resolution No. 1154 of the City Council
of the City of Elsinore, the 1964 Water Revenue Bonds were sold to
the United States Government; and
v~~EREAS, the City of Elsinore desires to enter into a paying
agency agreement with the Security First National Bank requiring
said Bank to pay all interest and principal due on said bonds out
of funds deposited by the City of Elsinore.
NOW, THEREFORE, the City Council of the City of Elsinore,
California, does hereby resolve, detel~ine and order as follows:
The Mayor and City Clerk or the City of Elsinore::;Y'E' authorized
and instructed to execute a paying agency agreement presented to the
City Council and attached hereto as Exhibit "A" and incorporated
herein by reference, and forward such agreement to the Security First
National Bank for execution by said Bank.
ADOPTED, SIGNED and APPROVED tb.is 23rd day of "February, 1965.
Mayor of the City of Elsinore,
California
ATTEST:
(8 E A L)
City Clerk of the City of Elsinore,
California
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