HomeMy WebLinkAbout1981-537-11.02.1981 RESOLUTION NO. / q � I - 3 -7
A RESOLUTION BY THE CITY COUNCIL OF THE CITY OF WATERLOO,
IOWA AS THE WATERLOO HOUSING AUTHORITY, APPROVING THE
EXECUTION OF AN "AMENDMENT TO CONSOLIDATED ANNUAL CONTRI-
BUTIONS CONTRACT" AND EXECUTION OF A "SUBSTITUTED
PERMANENT NOTE" FOR RIDGEWAY TOWERS, PROJECT NO. IA-50-3.
WHEREAS, the Waterloo Housing Authority, herein called the "Local
Authority," proposes to enter into a revised Annual Contributions Contract with
the United States of America, herein called the "Government," with respect to
Project No. IA-50-3 Ridgeway Towers as defined in the Annual Contributions
Contract No. KC-3047 and which at any time now or hereafter is incorporated under
the terms of such contract.
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WATERLOO, IOWA
as follows:
Section 1. The Annual Contributions Contract is substantially the form
of contract hereto attached and marked "Exhibit A" is hereby approved and
accepted both as to form and substance and the Chairman is hereby Authorized and
directed to execute said Contract in six copies on behalf of the Local Authority,
and the Secretary is hereby authorized and directed to impress and attest the
official seal of the Local Authority on each such counterpart and to forward said
executed counterparts, or any of them, to the Government together with such other
documents evidencing the approval and authorizing the execution thereof as may be
required by the Government.
Section 2. Whenever the following terms, or any of them, are used in
this Resolution, the same, unless the context shall indicate another or different
meaning or intent, shall be construed, and are intended to have meanings as follows:
(1) . The term "Resolution" shall mean this Resolution.
(2) . All other terms used in the Resolution and which are
defined in the Annual Contributions Contract shall
have the respective meanings ascribed thereto in the
Annual Contributions Contract.
Section 3. All resolutions or parts of resolutions heretofore adopted
by the Local Authority which authorize the issuance and/or delivery of Advance
Notes (sometimes called "Advance Loan Notes") pursuant to the Annual Contributions
Contract remain in full force and effect.
Section 4. This Resolution shall take effect immediately.
Passed and adopted this 2nd day of November, 1981, approved by the
Mayor this 2nd day of November, 1981.
` IrPc—e-
Leo P. Rooff, May
ATTEST:
La y Bur r, City Cle
CERTIFICATE
I, Larry Burger, City Clerk of the City of Waterloo, Iowa, do hereby certify that
attached hereto is a true and complete copy of Resolution No. / 9 g(_ 13 3 `7 as
passed and adopted by the Council of the City of Waterloo, Iowa, on the 2nd day of
November, 1981.
Witness My Hand and Seal of Office this 2nd day of November, 1981 .
SEAL arry urger