Resolution Number 98-5-19-3RESOLUTION NO. 98-5-19-3
APPROVING 1998 TAX ALLOCATION REFUNDING
BONDS AND DIRECTING EXECUTION OF INDENTURE
OF TRUST AND OFFICIAL STATEMENT
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN JUAN
CAPISTRANO, CALIFORNIA, APPROVING THE ISSUANCE OF SAN JUAN
CAPISTRANO COMMUNITY REDEVELOPMENT AGENCY, SAN JUAN
CAPISTRANO CENTRAL REDEVELOPMENT PROJECT, 1998 TAX
ALLOCATION REFUNDING BONDS AND APPROVING, AUTHORIZING AND
DIRECTING EXECUTION OF INDENTURE OF TRUST, OFFICIAL
STATEMENT AND RELATED DOCUMENTS
WHEREAS, the San Juan Capistrano Community Redevelopment Agency (the
"Agency") proposes to issue its San Juan Capistrano Central Redevelopment Project, 1998 Tax
Allocation Refunding Bonds in an aggregate principal amount of not to exceed Six Million Five
Hundred Thousand Dollars ($6,500,000) (the "Bonds") to finance the refunding of the Agency's 1991
Tax Allocation Refunding Bonds, and,
WHEREAS, notice of a competitive public sale of the Bonds, the proceeds of which
will be applied to the refunding of the Agency's 1991 Tax Allocation Refunding Bonds, shall be duly
published in accordance with the requirements of law.
NOW, THEREFORE, BE IT RESOLVED, DETERMINED AND ORDERED
BY THE CITY COUNCIL OF THE CITY OF SAN JUAN CAPISTRANO, CALIFORNIA,
that the issuance of the Bonds by the Agency to finance the refunding of the Agency's 1991 Tax
Allocation Refunding Bonds and the entering into of the Indenture of Trust, the Official Statement
and related documents are hereby approved.
PASSED, APPROVED, AND ADOPTED this 19th day of
May , 1998.
GIL JO MAYOR
ATTEST:
CITY CLE
049
050
STATE OF CALIFORNIA )
COUNTY OF ORANGE ) ss
CITY OF SAN JUAN CAPISTRANO )
I, CHERYL JOHNSON, City Clerk of the City of San Juan Capistrano, California,
DO HEREBY CERTIFY that the foregoing is a true and correct copy of Resolution No.
98-5-19-3 adopted by the City Council of the City of San Juan Capistrano, California,
at a regular meeting thereof held on the 19th day of May 1998, by the
following vote:
AYES: Council Members Swerdlin, Greiner, Hart, Campbell
and Mayor Jones
NOES: None
ABSTAIN: None
ABSENT: None
(SEAL)
CHERYL JO O , CITY CLERK
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