HomeMy WebLinkAbout03-011 CC ResolutionRESOLUTION NO. 03-11
RESOLUTION APPROVING, AUTHORIZING AND DIRECTING
EXECUTION OF AN AMENDED AND RESTATED JOINT
EXERCISE OF POWERS AGREEMENT RELATING TO THE
CALIFORNIA STATEWIDE COMMUNITIES DEVELOPMENT
AUTHORITY
WHEREAS, the City of Temecula, California (the "City"), has expressed an interest in
participating in the economic development financing programs (the "Programs") in conjunction
with the parties to that certain Amended and Restated Joint Exercise of Powers Agreement
Relating to the California Statewide Communities Development Authority, dated as of June 1,
1988 (the "Agreement"); and
WHEREAS, there is now before the City Council the form of the Agreement; and
WHEREAS, the City proposes to participate in the Programs and desires that certain
projects to be located within the City be financed pursuant to the Programs and it is in the public
interest and for the public benefit that the City do so; and
WHEREAS, the Agreement has been filed with the City, and the members of the City
Council of the City, with the assistance of its staff, have reviewed said document;
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
TEMECULA AS FOLLOWS:
SECTION 1. The Agreement is hereby approved and the Mayor or City Manager or
designee thereof is hereby authorized and directed to execute said document, with such
changes, insertions and omissions as may be approved by said Mayor or City Manager, and the
City Clerk or such Clerk's designee is hereby authorized and directed to affix the City's seal to
said documents and to attest thereto.
'SECTION 2. The Mayor, City Manager, the City Clerk and all other proper officers and
officials of the City are hereby authorized and directed to execute such other agreements,
documents and certificates, and to perform such other acts and deeds, as may be necessary or
convenient to effect the purposes of this Resolution and the transactions herein authorized.
SECTION 3. The City Clerk of the City shall forward a certified copy of this Resolution
and an originally executed Agreement to:
Ana Marie del Rio, Esq.
Orrick, Herrington & Stultify LLP
Old Federal Reserve Bank Building
400 Sansome Street
San Francisco, CA 94111
Section 4. This Resolution shall take effect immediately upon its passage.
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PASSED, APPROVED AND ADOPTED, by the City Council of the City of Temecula, as
a regular meeting held on the 28th day of January, 2003.
Su~an[W/Jones, CMC /
[SEAL] ~
St-one, Mayor
STATE OF CALIFORNIA )
COUNTY OF RIVERSIDE ) ss
CITY OF TEMECULA )
I, Susan W. Jones, CMC, City Clerk of the City of Temecula, do hereby certify that
Resolution No. 03-11 was duly and regularly adopted by the City Council of the City of
Temecula at a regular meeting held on the 28th day of January, 2003, by the following vote:
AYES:
5 COUNCILMEMBERS: Comerchero, Naggar, Pratt, Roberts, Stone
NOES:
0 COUNCILMEMBERS: None
ABSENT: 0 COUNCILMEMBERS: None
ABSTAIN: 0
COUNCILMEMBERS: None~
/ ' ~ Susan W. J~ne.s, CMC
~....____~..~.....~_ j,/ City Clerk
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