HomeMy WebLinkAboutResolution No. 4534 RESOLUTION NO. 4534
A RESOLUTION OF THE CITY COUNCIL
OF THE CITY OF DOWNEY, CALIFORNIA
APPROVING AND DIRECTING PUBLICATION OF A
HOUSING POLICIES REPORT UNDER SECTION 103A
RESOLVED, by the City Council of the City of Downey, California as
follows:
WHEREAS, Section 103A 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
and replaces any previously adopted Housing Policies Report.
2. The City Clerk of the City is hereby directed to publish such Report
on or before March 11, 1985, one time in the Southeast News , 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 Internal Revenue Service on or before March 11, 1985.
APPROVED AND ADOPTED THIS T IS 26th day of February 1985.
74/7 1 (
ayo
ATTEST:
City Cle
I HEREBY CERTIFY that the foregoing is a full, true and correct copy of
a resolution adopted by the City Council of the City of Downey at a regular
meeting duly held on the 26th , day of February , 1985, by the
following vote, to wit:
AYES: 5 Council Members: Davila, Santangelo, Boggs, Cormack, Barb
NOES: 0 Council Members: None
ABSENT: 0 Council Members: None
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City Clerk
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