HomeMy WebLinkAbout1993-08-17; City Council; Resolution 93-239ri
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RESOLUTION NO. 93-239
A RESOLUTION OF THE CITY COUNCIL OF THE
CITY OF CARLSBAD, CALIFORNIA DESIGNATING
PERSONS TO ACT ON THE BEHALF OF THE ISSUER
FOR CERTAIN DEBT OBLIGATIONS
WHEREAS, the following debt obligations are currently
outstanding:
1. City of Carlsbad Public Improvement Corporation -
Certificates of Participation (Hosp Grove Project)
2. City of Carlsbad Improvement Bonds -
Assessment District No. 85-2 (College Boulevard)
3. City of Carlsbad Limited Obligation Improvement Bonds -
Assessment District No. 88-1 (Alga Road)
4. City of Carlsbad Limited Obligation Improvement Bonds -
Assessment District No. 86-1 (Palomar Airport Road)
5. City of Carlsbad Variable Rate Demand Multifamily
Housing Revenue Refunding Bonds - Series A of 1993
(La Costa Apartments Project)
6. City of Carlsbad Single Family Residential Mortgage
Revenue Bonds - Issue of 1983
7. City of Carlsbad Parking Authority -
1969 Parking Revenue Bonds
8. City of Carlsbad Parking Authority -
1981 Parking Revenue Bonds; and
WHEREAS, it is necessary from time to time for the issuer to
instruct the trustee/paying agent for these debt obligations as to the
investment of funds, transfers of money and other transactions relating to the
debt issues; and
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WHEREAS, under the terms of the trust indentures/paying agent
agreements, the Council has the authority to designate certain persons to act
on behalf of the Council with respect to the various agreements.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the
City of Carlsbad, California, as follows:
1. That the above recitations are true and correct.
2. That the following persons are duly authorized to act on the
behalf of the Council with respect to the trust indentures/paying agent
agreements for the above named debt issues which would include signing
written instructions, consents, certificates and/or other securities, etc.:
City Manager
Assistant City Manager
Financial Management Director
Finance Director
Assistant Finance Director
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PASSED, APPROVED AND ADOPTED at a regular meeting of the
City Council on the 17th day of AUGUST , 1993, by the following vote,
to wit:
AYES: Council Members Lewis, Stanton, Nygaard, Finnila
NOES: None
ABSENT: Council Member Kulchin
ATTEST:
/Lz&dL-
ALETHA L. RAUTENKRANZ, City Clerk] (SEAL)