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Section 7. Official Action. All act%ons heretofore taken by the <br />officers and agents of the City with respect to the sale and issuance of the <br />Bonds are hereby approved, confirmed, and ratified, and the Mayor, the Clerk <br />of the Council, the Executive Director of the Economic Development Agency, the <br />Executive Director or Finance. the City Attorney and any and all other <br />officers of the City are hereby authorized and directed, for an in the name <br />and on behalf of the City, to do any and all things and take any and all <br />action relating to the execution and delivery of any and all certificates. <br />requisitions, assignments, instruments of transfer, agreements, and other <br />documents, including but not limited to those described in the Placement <br />Agency Agreement, which they, or any of them, may deem necessary or advisable <br />in order to consummate the lawful issuance and delivery of the Bonds in <br />accordance with the Placement Agency Agreement, the Indenture, the Law and <br />this resolution. <br /> <br /> Section 8. Effective Date. This resolution shall supercede and amend <br />Resolution No. 84-158, adopted on December 21, 1984. This resolution shall <br />take effect immediately upon its passage. <br /> <br />APPROVED, PASSED, AND SIGNED this 21st day of October <br /> <br />, 3985. <br /> <br />Daniel E. Griset <br />Mayor <br /> <br />ATTEST: <br /> <br />Clerk of the ncl <br /> <br />COUNCILMEMBERS: <br /> <br />Griset Aye <br />Johnson Absent <br />Acosta Aye <br />Hart Absent <br />Luxembourger Aye <br />McGuigan A e <br />Young ~Xee <br /> <br />Approved as to form: <br /> <br />-3- <br /> <br /> <br />