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HomeMy WebLinkAbout2577 - Agreement Affecting Certain BondsI, !I 1 RESOLUTION NO.� 2 3 WHEREAS, there has this day been presented to the City 4 Council of the city of Newport Beach a certain agreement affecting 5 certain bonds issued under the Improvement Bond Act of 1915, 6 designated Series "D ", Resolution No. 304; and 7 WHEREAS, in said agreement the BEVERLY HILLS NATIONAL 8 BANK & TRUST COMPANY of Beverly Hills, California, is therein 9 named "Bondholder ", and the City of Newport Beach, a Municipal 10 corporation, is therein named "City "; and 11 WHEREAS, it satisfactorily appearing to the City Council 12 of the City of Newport Beach that it is for the best interests 13 of said city and the inhabitants thereof that said agreement be 14 executed. 15 NOW, THEREFORE, BE IT RESOLVED: That the Mayor and 16 City Clerk of the city of Newport Beach be, and they ate hereby 17 directed, authorized and instructed to execute said agreement in 18 the name of, and on behalf of the city of Newport Beach, and that 19 the City Clerk deliver a duly executed copy thereof to the 20 Bondholder therein named. 21 I hereby certify that the above and foregoing resolution 22 was duly and regularly passed and adopted by the City Council of 23 the City of Newport Beach at a regular meeting thereof held on the 24 2nd day of March, 1942, by the following vote, to -wit: 25 F1 TES, DEED CLAIRE ALL EM 26 BDOMI 6®DDOM 27 HBO 28 �1ds� ;....Jyeiltl�l�: NONE � 29 30: Mayor of the City of Newport Beach 31: A`. ST: 52 1� ��