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2016-080 - Bond Expenditure Agreement
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2016-080 - Bond Expenditure Agreement
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Last modified
10/12/2016 2:56:15 PM
Creation date
10/12/2016 2:53:32 PM
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City Clerk
Doc Type
Resolution
Doc #
2016-080
Date
10/4/2016
Destruction Year
P
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Section 4. The City Council hereby approves the 2011 Agreement in <br />substantially the form attached hereto as Exhibit A and incorporated herein. <br />Section 5. The City Council hereby approves the 2011 Bond Spending Plan in <br />substantially the form attached hereto as Exhibit B and incorporated herein. The City <br />may amend the 2011 Bond Spending Plan, subject to compliance with all applicable <br />bond covenants. <br />Section 6. The City Manager and the Clerk of the Council are hereby <br />authorized and directed as follows: <br />A. Execute the 2011 Agreement substantially in the form presented herewith <br />with such changes, insertions and omissions as may be approved by the City <br />Manager and City Attorney, said execution being conclusive evidence of such <br />approval; <br />B. Take such other and additional actions as may be necessary or convenient to <br />the implementation of the 2011 Agreement. <br />Section 7. This Resolution shall take effect immediately upon its adoption by <br />the City Council, and the Clerk of the Council shall attest to and certify the vote adopting <br />this Resolution. <br />ADOPTED this 4th day of October, 2016. <br />APPROVED AS TO FORM: <br />Sonia R. Carvalho <br />City Attorney , <br />M <br />nt 01ity Attorney <br />Resolution No. 2016 -080 <br />Page 4 of 14 <br />
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