HomeMy WebLinkAbout1986-06-24; City Council; Resolution 8622fi>
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RESOLUTION NO. 8622
RESOLUTION OF THE CITY COUNCIL OF THE
CITY OF CARLSBAD, CALIFORNIA, APPOINTING
PAYING AGENT, REGISTRAR AND TRANSFER
AGENT FOR PURPOSES OF SERVICING CERTAIN
ASSESSMENT BONDS
WHEREAS, the CITY COUNCIL of the CITY OF CARLSBAD, CALIFORNIA
?as conducted proceedings for the formation of a special assess-
nent district under the terms and provisions of the "Municipal
Improvement Act of 1913", being Division 12 of the Streets and
iighways Code of the State of California, to be financed through
3onds to issue pursuant to the terms and provisions of the
"Improvement Bond Act of 1915", being Division 10
said assessment district being known and designated
ASSESSMENT DISTRICT NO. 85-2
(COLLEGE BOULEVARD)
(hereinafter referred to as the "Assessment Distric
of said Code,
as
")I and,
WHEREAS, at this time this City Council is desirous to
appoint a paying agent, registrar and transfer agent for purposes
of servicing the bonds as proposed to issue for this Assessment
District; and,
WHEREAS, at this City Council has received a Fee Agreement
from a qualified paying agent, registrar and transfer agent for
the servicing of said bonds.
NOW, THEREFORE, IT IS HEREBY RESOLVED AS FOLLOWS:
SECTION 1. That the above recitals are all true and
correct.
SECTION 2. That this City Council hereby appoints .BANK OF
AMERICA NATIONAL TRUST AND SAVINGS ASSOCIATION to act as Paying
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Agent, Registrar and Transfer Agent for purposes of servicing the
bonds to issue under the provisions of the "Improvement Bond Act
of 1915" for the above-referenced Assessment District, based upon
the Fee Agreement submitted, which Agreement is hereby approved
and adopted and the execution thereof by the Mayor and City Clerk
is hereby authorized.
PASSED, APPROVED and ADOPTED at a regular meeting of the City
Council held on the 24th day Of - June - , 1986, by
following vote, to wit:
AYES: Council Members Casler, Lewis, Kulchin, Chick and Pettine
NOES: None
ABSENT: None
ATTEST:
'MARY H. F JSLER, Mayor
&5&% /*A- NL, City C&erk
(SEAL)
the
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