CC Resolution 8354
":. t
.. ' 13051-07
JJl:HW :DJO:brf
6/18/92
RESOLUTION NO. 8354
A RESOLUTION AUTHORIZING EXECUTION OF REIMBURSEMENT
AGREEMENT
CITY OF CAMPBELL
Dillon-Gilman Local Improvement District No. 30
RESOL VED, by the City Council (the "Council") of the City of Campbell (the "City"),
County of Santa Dara, California, that
WHEREAS, in proceedings pursuant to the provisions of the Municipal Improvement Act
of 1913, Division 12 of the Streets and Highways Code of California, and to its Resolution of
Intention No. 8186 adopted on October 21, 1991, the City has established the Dillon-Gilman Local
Improvement District No. 30 (the "Assessment District") relating to the acquisition and/or
construction of street, storm drain, and related public improvements described in said proceedings
(the "hnprovements"); and
WHEREAS, the City intends to issue its limited obligation improvement bonds (the
"Bonds") to finance the Improvements pursuant to the provisions of the Improvement Bond Act of
1915, Division 10 of the Streets and Highways Code of California, and on June 2, 1992 adopted
Resolution No. 8316, A Resolution Authorizing Issuance of Bonds (the "Bond Resolution"); and
WHEREAS, the construction and/or acquisition of the Improvements is of benefit to the
Central Campbell Redevelopment Project Area and the City of Campbell Redevelopment Agency
(the "Agency") desires to facilitate the City's issuance, sale and delivery of the Bonds pursuant to
the tenns of a Reimbursement Agreement, a copy of which is on file with the City Clerk;
NOW THEREFORE, IT IS ORDERED, as follows:
1. That the Reimbursement Agreement between the City and the Agency is hereby
approved and the Finance Director of the City, or her designee, is hereby authorized and directed to
execute and deliver the Reimbursement Agreement, for and on behalf of the City, substantially in
the form on file with the City Clerk, with any changes, insertions, and deletions as may be
approved by the Finance Director, such approval to be conclusively evidenced by the execution of
the Reimbursement Agreement by the Fmance Director.
60:01 c6. 81 Nnf
900-d c1~-1 S6S-~
f'lHHf
v8~S16~Slv
~.. ~
The foregoing resolution was introduced at a regular meeting of the Council of the City of
Campbell held on the ~ day of July , 1992. was passed and adopted by the
following vote:
AYES: Counci1rnembers:
NOES: Councilmembers:
ABSENT: Councilmembers:
APPROVED:
Kotowski, Conant, Ashworth, Watson, Burr
None
None
-....
~a~~
Donald R. Burr
Mayor
01:01 c6. 81 Nnf
~00-d c1~-1 S6S-~
A TIEST:
~ .. 1.
.. / cM"k/~ ~
Barbya Kee
City Oeck
------
-2-
I'lHHf
v8~S16[Slv