Resolution - 6624RESOLUTION NO. 6624
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF WEST
COVINA APPROVING AND AUTHORIZING THE CITY MANAGER
TO SUBMIT AN APPLICATION FOR AN ALLOCATION UNDER THE
MORTGAGE BOND TAX SUBSIDY ACT OF 1980 TO THE STATE OF
CALIFORNIA MORTGAGE BOND ALLOCATION COMMITTEE.
• WHEREAS, the State of California has adopted legislation to implement the
Mortgage Bond Tax Subsidy Act of 1980, which legislation requires the City to submit an
application to the Mortgage Bond Allocation Committee requesting a mortgage revenue
bond allocation.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of West
Covina as follows:
Section 1: The application to the Mortgage Bond Allocation Committee,
attached hereto as Exhibit "A" and by this reference incorporated herein, is hereby
approved, and the .City Manager is authorized to transmit a copy of said application to the
Mortgage Bond Allocation Committee.
APPROVED and ADOPTED this 8th day of November ,
1982.
• Mayor
ATTEST:
City Clerk
I HEREBY CERTIFY that the foregoing Resolution No. 6624 was duly
adopted.by the City Council of the City of West Covina at a regular meeting thereof held on
the 8th day of November—, 1982, by the following vote of the Council:
AYES: Councilmen: Bacon, Tennant, Shearer, Chappell, Tice
NOES: Councilmen: None
ABSENT: Councilmen: None.
City Clerk
APPROVED AS TO FORM:
Bond Couns
D-16
/04/