Laserfiche WebLink
RESOLUTION NO. ]].621 <br /> <br />RESOLUTION OF THE CITY COUNCIL OF THE <br />CITY OFRIVERSIDE, CALIFORNIA~ AMENDING <br />BESOLb~ION NO. 11~02. <br /> <br /> ¥~EREAS, on December 15, 1970, this City Council <br />adopted Resolution No. 11602 entitled "Resolution of the <br />City Council of the City of Riverside, California, Autho- <br />rizing the Issuance of $1~O00,000 Sewer Revenue Bonds of <br />said City, Providing the Terms and Conditions for the <br />Issuance of said Bonds and Ordering the Cancellation of <br />Certain Unissued Bonds of Said City," and <br /> <br /> WHEREAS, Section 9 of said Resolution No. 11602 <br />was printed incorrectly and does not reflect the true in- <br />tent of this City Council to make bonds maturing on or <br />after February 1~ 1982, subject to call and redemption <br />prior to maturity, and <br /> <br /> WHEREAS~ on January 12, 1971, the bonds were <br />sold to Dean Witter & Co., Inc. who bought said bonds on <br />the understanding that bonds maturing on or after <br />February 1, 1982, were subject to call and redemption <br />prior to maturity, and <br /> <br /> WHEREAS, it is desirable to amend Section 9 of <br />said Resolution No. 11602 to reflect the true intent of <br />this City Council and the purchaser of the bonds, <br /> <br /> NOW, TI~REFORE, the Council of the City of <br />Riverside~ California, DOES HEREBY RESOLVEs DETERMINE AND <br />ORDER as follows: <br /> <br /> <br />