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HomeMy WebLinkAbout2582 - Agreement Affecting Certain BondsRESOLUTION NO- 1, 2 WHEREAS, there has this day been presented to the City 3 Cc ncil of the City of Newport Beach a certain agreement affecting 4 cex5tain bonds issued under the Improvement Bond Act of 1915, 5 designated Series "G ", Resolution No. 370; and 6 WHEREAS, in said agreement B. P. HALL of Los Angeles, 7 California, is therein named "Bondholder ", and the City of 8 Newport Beach, a municipal corporation, is therein named "City "; 9 and 10 WHEREAS, it satisfactoril y appearing to the City Council 11 of the City of Newport Beach that it is for the best interests of 12 saic City and the inhabitants thereof that said agreement be 13 executed. 14 NOW, THEREFORE, BE IT RESOLVED: That the Mayor and City 15 Clerk of the City of Newport Beach be, and they are hereby directe 16 authorized and instructed to execute said agreement in the name of 17 and on behalf of the City of Newport Beach, and that the City Cler. 18 deliver a duly executed copy thereof to the Bondholder therein 19 named. 20 I hereby certify that the above and foregoing resolution 21 was duly and regularly passed and adopted by the City Council of 22 the City of Newport Beach at a regular meeting thereof held on the 23 2nd day of March, 1942, by the following vote, to -wit: 24 REED CLAIRE ALLEM BROWN G ®ROOM 26 _ ROME 27 dl oLd�`N4 tl�ia7 �. W ®7 5 28 29 30.. A EST: Mayor 31 ty le `. 32 ,_