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Last modified
7/17/2007 8:35:12 AM
Creation date
12/2/2004 8:17:22 AM
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Roseville City Council
Document Type
Council Resolutions
Resolution #
8884
Resolution Title
Accepting the lowest interest cost of 5.15675% on the City of Roseville General Obligation Series 19 Bonds, submitted by Cronin et. al.
Resolution Date Passed
2/2/1993
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<br />(c) the reasonably anticipated amount of tax-exempt obligations <br />(other than any private activity bonds other than qualified 501(c) (3) bonds) <br />which will be issued by the City (and all subordinate entities of the City) <br />during calendar year 1993 will not exceed $10,000,000; and <br /> <br />(d) not more than $10,000,000 of obligations issued by the City <br />during calendar year 1993 have been designated for purposes of Section <br />265(b)(3) of the Code. <br /> <br />6.05. The City will use its best efforts to comply with any federal procedural <br />requirements which may apply in order to effectuate the designations made by this <br />section. <br /> <br />6.06. The actions of the Finance Director and other employees and agents of <br />the City taken in connection with the sale of the Bonds are ratified and confirmed in <br />all respects. <br /> <br />The motion for the adoption of the foregoing resolution was duly seconded by <br /> <br />Member Goedeke <br /> <br />, and upon vote being taken thereon, the following <br /> <br />voted in favor thereof: <br /> <br />Goedeke, P. Johnson, and Maschka, <br /> <br />and the following voted against the same: <br /> <br />None. <br /> <br />whereupon said resolution was declared duly passed and adopted. <br /> <br />RLD47466 <br />RS200-10 <br /> <br />14 <br />
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