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RESOLUTION NO. 855
RESOLUTION APPROVING AND AUTHORIZING EXECUTION OF PAYING
AGENCY AGREEMENT BETWEEN CITY OF THE TOWN OF LOS .ALTOS HILLS
AND BANK OF AMERICA NATIONAL TRUST AND SAVINGS ASSOCIATION
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 that certain Paying Agency Agreement
between the City of the Town of Los Altos Hills and the Bank of
America National Trust and Savings Association, .a national banking
association,
NOW, THEREFORE, IT IS HEREBY FOUND, ORDERED AND DETERMINED
as follows:
1. Public interest and. convenience require the entering into
of a__paying agency agreement to obtain the services of the herein
named bank to actas agent and to pay and register bonds issued by
the City of the Town of Los Altos Hills, and the City of the Town
of Los Altos Hills hereby approves the hereinabove described Paying
Agency Agreement.
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2. The City of the Town of Los Altos Hills shall enter into,
and the Mayor and City Clerk of the City of the Town, of Los Altos
Hills be, and they and each of them hereby is authorized and
directed on behalf of said City, respectively, to execute and attest
a:_.Paying Agency Agreement between the City of the Town of Los Altos
Hills and Bank of America National Trust and Savings Association,
a national banking association.
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I HEREBY CERTIFY that the foregoing Resolution was passed and
adopted at a regular meetingof the City Council of the Town of Los
Altos Hills held on the 15th day of January, 1975.
City. Clerk
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