HomeMy WebLinkAbout105-86 • 111
RESOLUTION NO. 105-86
A RESOLUTION APPROVING AND AUTHORIZING EXECUTION OF
"PRINCIPLES OF UNDERSTANDING BETWEEN THE CITY OF THE
TOWN OF LOS ALTOS HILLS AND THE CITY OF PALO ALTO
RELATING TO THE 1985 PALO ALTO REVENUE BOND ISSUE"
RESOLVED, by the City Council of the City of the Town of Los
Altos Hills , County of Santa Clara, State of California, that
WHEREAS , the City Council of the City of the Town of Los Altos •
Hills has read and considered the "Principles of Understanding Between
the City of the Town of Los Altos Hills and the City of Palo Alto
Relating to the 1985 Palo Alto Revenue Bond Issue, " herein called
"the AGREEMENT" providing for the sharing of costs associated with
the 1985 Palo Alto Revenue Bond Issue and the administrative pro-
cedures associated with this bond issue,
NOW, THEREFORE, IT - IS HEREBY FOUND, ORDERED AND DETERMINED as
follows :
1. Public interest and convenience require the entering into of
the AGREEMENT, and the City of the Town of Los Altos Hills hereby
approves the AGREEMENT.
2. The City of the Town of Los Altos Hills shall enter into, and
the City Manager of the Town be, and he hereby is authorized and
directed on behalf of said City, respectively, to execute and attest
the AGREEMENT.
REGULARLY passed and adopted this 16th day of July, 1986 .
ACTING MAYOR
ATTEST:
CITY C ERK