HomeMy WebLinkAbout96-053 - Countywide Public Financing Authority13128-01 JHHW:BDQ:kla 05/06/96
05/10/96
CITY OF SANTA ANA
RESOLUTION NO. 9 6- 0 5 3
A RESOLUTION AUTHORLZING THE EXECUTION OF A JOINT
EXERCISE OF POWERS AGREEMENT CREATING TO THE
COUNTYWIDE PUBLIC FINANCING AUTHORITY
RESOLVED, by the City Council (the "Council") of the City of Santa Ana (the "City"),
as follows:
WHEREAS, the City and the Cities of Brea, Buena Park, Fullerton, Garden Grove, La
Palma, Newport Beach, Orange, San Clemente, Seal Beach, Stanton and Tustin (the "Other
Members"), desire to create a joint exercise of powers authority to assist in the financing
requirements of the City and the Other Members pursuant to Articles 1 through 4 (commencing
with section 6500) of Chapter 5, Division 7, Title 1 of the California Government Code;
NOW, THEREFORE, it is hereby ORDERED and DETERMINED, as follows:
Section 1. Formation of loint Powers Authority. The Council hereby authorizes the
officers and staff members of the City to assist in the organization of a joint powers authority
among the City and the Other Members, to be known as the "Countywide Public Financing
Authority" (the "Authority"). The Council hereby approves and authorizes the Mayor, the City
Manager, the Finance Director or other appropriate officer or official of the City to execute and
the City Clerk to attest a joint exercise of powers agreement forming said joint powers
authority, in substantially the form on file with the City Clerk, together with any changes therein
deemed advisable by the counsel to the City.
Section 2. Authority Director. The Council hereby designates and appoints the City
Manager or his designee to act as the City's representative on the Board of Directors of the
Authority.
Section 3. Official Actions. The Mayor, the City Manager, the Finance Director, the City
Clerk and all other proper officers of the City are hereby authorized and directed to take all
actions and do all things necessary or desirable hereunder with respect to the formation of the
Authority, including but not limited to the execution and delivery of any and all agreements,
certificates, instruments and other documents, which they, or any of them, may deem necessary
or desirable and not inconsistent with the purposes of this resolution.
Section 4. Effect. This Resolution shall take effect immediately.
076
RESOLUTION NO. 96-053
Authorizing the Creation of the
Countywide Public Financing
Authority
Page 2.
ADOPTED this 3rd day of
ATTEST:
~ln~ce C. Guy /
erk of the Council ( /
COUNCILMEMBERS:
Pulido Aye
Richardson Aye
Espinoza Abstained
Lutz A~
McGuigan Aye
Mills Aye
Moreno Absent
June , 1996.
APPROVED AS TO FORM:
Ed C6o~e~ ~ }
City Attorne~
CERTIFICATE OF ORIGINALITY & PUBLICATION
State of California
County of Orange
I, JANICE C. GUY, Clerk of the Council, do hereby certify the attached Resolution
~- 0 $'3 to be the original resolution adopted by the City Council of the
City of Santa Ana on ~ - ~-
(// / Clerk of the Courfcil
'-/ City of Santa Ana '