HomeMy WebLinkAboutResolutions 9699 N.C.S. 03/14/1983~ " _ Resolution No. 9699 ~. ~. S.
of the City of Petaluma, California
RESOLUTION PROVIDING FOR THE SELECTION OF AN
INVESTMENT' BANKER IN ~CONNECTION WITH THE
ISSUANCE OF BOND'S TO FINANCE M.ULTIFAMILY
HOUSING TO BE CONSTRUCTED...AND QW_NED BY
DUFFEL FINANCIAL AND .CON'STRU;CTION C0117PANY
WHEREAS, tlie City of.. Petaluma. (the "City") is .a municipal corporation
and Charter City duly or,;gaiii;zed and existiri-g under -the Cons-titution and
laws of the State 'of California;- and
WHEREAS, the City Council of the Ci-ty has resolved to conditionally
provide for the issuance of bonds to fiiraiice multifamily housing (the
°Project" ) to be constructed and owned by Duffel Financial and Constructin
Company; and ~ ~ : . ,
WHEREAS, in ozder to expedite the financing of the Project, the City
deems it advisable to select, an investment banker, at this tirne;
NDW, THEREFORE, BE IT RESOLVED by the City Council of the City
of Petaluma as follows:
1. In connection with the proposed issuance of such bonds, First
Inter.state Bank of Califorriia is hereby designated as investment banker for
the City .
2. This Resolution~ shall take effect immediately.
Under-the;power~and.authority corifeired upon this.Council 6ythe Charter of said'City.
I,hereby ceitify ,the foregoing Resolution was introduced ~ and adopted by the Approved as to
Council of the City~of`Petaluma at a(Regular) (Adjourned) (~~dC~ meeting form
on •t&e~ :--- --...~:4t.~1...._. day of ....._..M3Y.'~h:-•-----~-• ......... ........... 19...~~, by the
#oilowirig votg:
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City At'torney
AYES: Bal:shaw, Battaglia, Bond, Cavanagh, Harberson,.Perry, Mayor Mattei
~ NoES: ~None
assE~vT: None
AZ°rEST :. ..... :.. . . . ...: . .. . . :.
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ty Clerk .
Council File ...........n..:.G...n...o:...:..........
;Forco;CA 2 7/81 ~ Rev. No...._.__..7.~t.7.~1_•....
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Mayor . _ _ . ,