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• 111 <br /> RESOLUTION NO. 105-86 <br /> A RESOLUTION APPROVING AND AUTHORIZING EXECUTION OF <br /> "PRINCIPLES OF UNDERSTANDING BETWEEN THE CITY OF THE <br /> TOWN OF LOS ALTOS HILLS AND THE CITY OF PALO ALTO <br /> RELATING TO THE 1985 PALO ALTO REVENUE BOND ISSUE" <br /> RESOLVED, by the City Council of the City of the Town of Los <br /> Altos Hills , County of Santa Clara, State of California, that <br /> WHEREAS , the City Council of the City of the Town of Los Altos • <br /> Hills has read and considered the "Principles of Understanding Between <br /> the City of the Town of Los Altos Hills and the City of Palo Alto <br /> Relating to the 1985 Palo Alto Revenue Bond Issue, " herein called <br /> "the AGREEMENT" providing for the sharing of costs associated with <br /> the 1985 Palo Alto Revenue Bond Issue and the administrative pro- <br /> cedures associated with this bond issue, <br /> NOW, THEREFORE, IT - IS HEREBY FOUND, ORDERED AND DETERMINED as <br /> follows : <br /> 1. Public interest and convenience require the entering into of <br /> the AGREEMENT, and the City of the Town of Los Altos Hills hereby <br /> approves the AGREEMENT. <br /> 2. The City of the Town of Los Altos Hills shall enter into, and <br /> the City Manager of the Town be, and he hereby is authorized and <br /> directed on behalf of said City, respectively, to execute and attest <br /> the AGREEMENT. <br /> REGULARLY passed and adopted this 16th day of July, 1986 . <br /> ACTING MAYOR <br /> ATTEST: <br /> <br /> CITY C ERK <br />