RES-9360 Ratifying Documents Related to Community Facilities District No. 91-2n
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RESOLUTION NO. 9360
A RESOLUTION OF THE CITY COUNCIL OF THE
CITY OF ORANGE RATIFYING EXECUTION OF
DOCUMENTS RELATED TO THE CITY OF
ORANGE COMMUNITY FACILITIES DISTRICT
NO. 91-2 (SERRANO HEIGHTS
PUBLIC
IMPROVEMENTS)WHEREAS, on October 24, 2000, this City Council adopted Resolution No. 9342 (
the Prior Resolution") authorizing the issuance of the City of Orange Community Facilities
District No. 91-2 (Serrano Heights Public Improvenlents) Special Tax Bonds (the "
Bonds") and approving the execution and delivery of a Fiscal Agent Agreement,
Acquisition Agreenlent,Bond Purchase Contract, Continuing Disclosure Agreement and
Operating . Memorandum collectively, the "Bond Documents") described
therein; and WHEREAS, while the Prior Resolution authorized the City Manager (or the
Director of Finance, in the case of the Bond Purchase Contract) to execute and deliver the
Bond Documents,the City Attorney and the City's Bond Counsel for the Bonds have determined that
the Mayor was a more appropriate officer of the City to execute and deliver Bond
Documents; and WHEREAS, this City Council now desires to ratify the execution and delivery
of the Bond Documents by
the Mayor.NOW, THEREFORE, THE CITY COUNCIL OF mE CITY OF
ORANGE DOES HEREBY RESOLVE
AS FOLLOWS:Section 1. Ratification of Execution of Bond Documents. The execution of
the Bond Documents by the Mayor, and the attestation of the Mayor's signature by the City Clerk,
for and on behalf of the City and the City of Orange Community Facilities District No.
91-2 (Serrano Heights Public Improvenlents),
are hereby ratified.Section 2. Ratification of Prior Resolution. The provisions of
the Prior Resolution,except to the extent inconsistent with the provisions of this Resolution, are
hereby
ratified and confirmed.Section 3. Effective Date. This Resolution shall take effect
immediately
upon its adoption.ADOPTED this 28th
ATTEST:
I hereby certify that the foregoing Resolution was duly and regularly adopted by the City
Council of the City of Orange at a regular meeting thereof held on the 28th day of November,
2000, by the following vote:
AYES:
NOES:
ABSENT:
ABSTAIN:
COUNCILMEMBERS: MURPHY. SLATER. MAYOR COONTZ, SPURGEON. ALVAREZ
COUNCILMEMBERS: NONE
COUNC~MEMBERS: NONE
COUNCILMEMBERS: NONE
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