HomeMy WebLinkAboutMINUTES - 02141995 - 1.67 RESOLUTION OF THE BOARD OF SUPERVISORS
CONTRA COSTA COUNTY,CALIFORNIA
RESOLUTION NO. 9 5/6 9
RESOLUTION OF THE BOARD OF SUPERVISORS OF CONTRA COSTA
COUNTY AMENDING RESOLUTION NO.94/391 RELATING TO THE
ISSUANCE OF TAX AND REVENUE ANTICIPATION NOTES ON BEHALF
OF THE SAN RAMON VALLEY UNIFIED SCHOOL DISTRICT FOR FISCAL
YEAR 1994-1995
On motion of Supervisor Torlakson duly seconded and carried, the following
resolution was adopted:
RESOLVED, by the Board of Supervisors of Contra Costa County, California, as
follows:
WHEREAS, school districts organized and existing under the laws of the State of
California are authorized by Article 7.6 (commencing with section 53850) of Chapter 4 of Part 1
of Division 2 of Title 5 of the California Government Code to borrow money by the issuance of
temporary notes, the proceeds of which may be used and expended for any purpose for which
the school district is authorized to spend moneys; and
WHEREAS, the Board of Education of the San Ramon Valley Unified School District
(the "District") has previously adopted its Resolution No. 94/391 on June 30, 1994, requesting
the Board of Supervisors of the County of Contra Costa to issue notes on behalf of the District
in an amount not to exceed $20,000,000 with respect to fiscal year 1994-1995; and
WHEREAS, in response to such request the Board of Supervisors has previously
adopted its Resolution 94/391 on August 2, 1994, authorizing the issuance and sale of such
notes; and
WHEREAS, in anticipation of the issuance of such notes,it is necessary for the Board to
amend Resolution No. 94/391 to up-date provisions relating to the timing of repayment of such
notes;
NOW, THEREFORE, it is hereby DETERMINED and ORDERED as follows:
Section 1. Amendment of Resolution. Resolution No. 94/391, as originally adopted, is
hereby amended (a) by striking the phrase "January 1995" in the first sentence of Section 7
thereof and in the third paragraph of Exhibit A thereto, and inserting in its place the phrase
"May 1995", and (b) by striking the phrase "May 1995" in the first sentence of Section 7
thereof and in the third. paragraph of Exhibit A thereto, and inserting in its place the phrase
"June 1995".
Section 2. Effective Date. This resolution shall take effect from and after its adoption.
I hereby certify that the foregoing is a true and correct copy of a resolution adopted by
the Board of Supervisors of Contra Costa County at a regular meeting held on Feb . 14 ,
1995,by the following vote:
AYES: Supervisors Rogers , Smith, DeSaulnier, Torlakson, Bishop
NOES: None
ABSENT: ."None
4 yl/_Ax�_16
Chairman
[SEAL]
Attest:" Phil Batchelor, Clerk of the Board of
Supervisors and County Administrator
By 0. a 2�/�-
D puty Clerk o e Board of Supervisors
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