HomeMy WebLinkAboutReso - CC - 021-19833/30/33
RESOLUTION NO.21-83
RESOLUTION AUTHORIZING SELECTION OF BOND TRUSTEE
AND LESSOR FINANCING IMPROVEMENTS TO WASTEWATER
TREATMENT PLANT
RESOLVED by the CITY COUNCIL of the CITY OF BURLINGAME,
ICALIFORNIA,that
WHEREAS, the City of Burlingame proposes to undertake
(proceedings for the financing of improvements to its Wastewater
Treatment Plant; and
WHEREAS, such proceedings will require the appointment
land employment of a lessor and of a trustee; and
WHEREAS, the City of Burlingame has obtained proposals
lfor the services of firms qualified to act, respectively, as
plessor and trustee;
NOW, THEREFORE, BE IT FURTHER RESOLVED as follows:
1. RAUSCHER PIERCE REFSNES LEASING, INC., be and is hereby,
appointed and employed to act as lessor with respect to
said proceedings.
2. CROCKER NATIONAL BANK be, and is hereby, appointed and
employed to act as trustee with respect to said proceed-
ings.
3. The Mayor and the City Clerk shall execute agreements
for and on behalf of the City of Burlingame with
RAUSCHER PIERCE REFSNES LEASING, INC. and with CROCKER
NATIONAL BANK, said agreements to contain the terms and
provisions set forth in their respective proposals.
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Mayor
I, EVELYN H. HILL, City Clerk of the City of Burlingame,
do hereby certify that the foregoing Resolution was introduced
at a regular meeting of the City Council held on the 4th day
of April ,1983, and was adopted thereafter by the
following vote:
AYES: COUNCILMEN: AMSTRUP, BARTON, CROSBY, MANGINI, MARTIN
NOES: COUNCILMEN: NONE
ABSENT: COUNCILMEN: NONE
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City Clerk