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HomeMy WebLinkAboutRESOLUTIONS - 02071984 - 84-77 S COUNTY OF CONTRA COSTA RESOLUTION NO. 84/77 RESOLUTION OF THE COUNTY OF CONTRA COSTA AUTHORIZING THE EXECUTION AND DELIVERY OF A SUPPLEMENTAL INDENTURE IN CONNECTION WITH THE COUNTY OF CONTRA COSTA 1982 HOME MORTGAGE REVENUE BONDS AND AUTHORIZING THE EXECUTION AND DELIVERY OF AND APPROVING OTHER RELATED DOCUMENTS AND ACTIONS IN CONNECTION THEREWITH. WHEREAS, the County of Contra Costa (the "County") and Security Pacific National Bank, as Trustee (the "Trustee" ) have entered into an Indenture dated as of June 1, 1982 (the "Indenture" ) providing for the issuance of the County of Contra Costa 1982 Home Mortgage Revenue Bonds; WHEREAS, it is necessary and desirable at this time to amend said Indenture in the form proposed; NOW, THEREFORE, BE IT RESOLVED, by the Board of Supervisors of the County of Contra Costa, as follows: 1. The proposed form of Supplemental Indenture, dated as of December 1, 1983, between the County and the Trustee, presented to this meeting, is hereby approved. The Chairman of this Board of Supervisors is hereby authorized and directed, for and in the name and on the behalf of the County, to execute and deliver a Supplemental Indenture in substantially said form, with such additions thereto or changes therein as such officer may require or approve, such approval to be conclusively evidenced by the execution and delivery thereof. RESOLUTION NO 84/77 213 1, 2. The Chairman of this Board of Supervisors, the Clerk of this Board, the County Administrator and the Director of Planning are hereby authorized and directed, for and in. the name and on the behalf of the County, to do--any and all things and take any and all actions and execute any and deliver any and all certificates, agreements and other documents, which they, or any of them, may deem necessary and advisable in order to carry out the changes required by said Supplemental Indenture and actions related thereto. 3. The execution by the Director of Planning of Amendment No. 2, dated as of January 1, 1984, to the Origination, Service and Administration Agreement, dated as of May 1, 1982, entered into in connection with the above-referenced Bonds, is hereby ratified and confirmed. 2 040511-0001-077-4521b 01/19/84 214 f 4. This resolution shall take effect immediately upon its adoption. ADOPTED this 7th day of February , .1984, by the following votes: AYES: Supervisors Powers , Fanden, Schroder, McPeak, Torlakson. NOES: None. ABSENT: None. Thomas A. Torlakson Chairman, Board of Supervisors ATTEST: James R. Olsson, County Clerk, County of Contra Costa, and ex officio clerk of the Board. By C %% G & 2z=1�2 Deputy Clerk C. Matthews 3 040511-0001-077-452lb 01/19/84 215