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HomeMy WebLinkAbout2530 - Agreement Affecting Certain Bondsit 2 0 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29: 32 RESOLUTION NO.,�.� ,;.Q WHEREAS, there has this day been presented to the City Council of the City of Newport Beach a certain agreement affecting certain bonds issued under the Improvement Bond Act of 19151 designated Series "D ", Resolution No. 304; and WHEREAS, in said agreement RICHARD W. REDFIELD of Los Angeles, California, is therein named "Bondholder ", and the City of Newport Beach, a municipal corporation, is therein named "CIty "; and WHEREAW, it satisfactorily appearing to the City Council of the City of Newport Beach that it is for the best interests of said City and the inhabitants thereof that said agreement be executed. NOW, THEREFORE, BE IT RESOLVED: That the Mayor and City Clerk of the City of Newport Beach be, and they are hereby directed, authorized and instructed to execute said agreement in the name of and on behalf of the City of Newport Beach, and that the City Clerk deliver a duly executed copy thereof to the Bondholder therein named. I hereby certify that the above and foregoing Resolution was duly and regularly passed and adopted by the City Council of the City of Newport Beach at a regular meeting thereof held on the 5th day of January, 1942, by the following vote, to -wit? e ayor of the City o Newport Beach