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Resolution - 6607RESOLUTION NO. 6607 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF WEST COVINA APPROVING THE ISSUANCE OF WEST COVINA CENTRAL BUSINESS DISTRICT REDEVELOPMENT PROJECT 1982 TAX ALLOCATION BONDS • WHEREAS, the Redevelopment Agency of the City of West Covina (the "Agency") is a duly constituted public body, corporate and politic, established pursuant to the Community Redevelopment Law of the State of California (the "Law"); and • WHEREAS, pursuant to the Law, the Agency has duly authorized the issuance of $4,500,000 principal amount of its West Covina Central Business District Redevelopment Project 1982 Tax Allocation Bonds (the "Bonds"); and WHEREAS, pursuant to he Law, the City Council of the City of West Covina has reviewed said financing and wishes to declare its approval thereof in accordance with Section 33640 of the California Health and Safety Code; NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of West Covina as follows: 1. The issuance by the Agency of the Bonds is hereby approved. 2. This resolution shall take effect from and after the date of its passage and adoption. PASSED AND ADOPTED this 4th day of October, 1982, by the following vote: AYES: Bacon, Shearer, Chappell, Tice NOES: None ABSENT: Tennant ATTEST: lA0- f City Clerk Mayor Res. No. 6607 -2- October 4, 1982 • I HEREBY CERTIFY that the foregoing Resolution No. 6607 was duly adopted by the City Council of the City of West Covina at an adjourned regular meeting thereof held on the 4th day of October 1982, by the following vote: AYES: Councilmen: Bacon, Shearer, Chappell, Tice NOES: Councilmen: None ABSENT: Councilmen: Tennant e. City Clerk APPROVED AS TO FORM: AD --go " "44, �e Bond Counsel • ,� 1 e eral Coun el