HomeMy WebLinkAboutResolution No. 4494 RESOLUTION NO. 4494
A RESOLUTION OF THE CITY COUNCIL
OF THE CITY OF DOWNEY, CALIFORNIA
APPROVING AND DIRECTING PUBLICATION OF A
HOUSING POLICIES REPORT
RESOLVED, by the City Council of the City of Downey, California, as
follows:
WHEREAS, Section 103A(j)(5) of the Internal Revenue Code of 1954, as
amended, requires issuers of qualified mortgage bonds to prepare and publish,
following a public hearing preceded by reasonable public notice, a report
concerning housing policies;
WHEREAS, there has been prepared and filed with the City Clerk of this
City a Housing Policies Report, and the members of this Council have reviewed
said Report and each and every part thereof; and
WHEREAS, a duly noticed public hearing has been held regarding the
Report and all persons desiring to be heard have been heard;
NOW, THEREFORE, it is hereby ORDERED and DETERMINED as follows:
1. The Housing Policies Report of the City of Downey is hereby adopted.
2. The City Clerk of the City is hereby directed to publish such Report
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on or before December 31, 1984, one time in the Southeast News Signal, a
newspaper of general circulation in the City.
3. The City Clerk of the City is hereby directed to submit a copy of
such Report to the Secretary of the United States Department of the Treasury
to be received by said Secretary on or before December 31, 1984.
APPROVED AND ADOPTED THIS llth day of De ?mber , 1984.
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Ran•al Bar:, Mayor
ATTEST:
L A l
RIB RT L . H ' ND, I I Y CL RK
I HEREBY CERTIFY that the foregoing Resolution No. 4494 was adopted
at a regular meeting of the City Council of the City of Downey held on the
llth day of December , 1984, by the following vote:
AYES: 5 Council Members: Davila, Santangelo, Boggs, Cormack, Barb
NOES: 0 Council Members: None
ABSENT: 0 Council Members: None
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ROBERT L. SHAND, CITY CLERK