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HomeMy WebLinkAbout03-001 TPFFC Resolution I RESOLUTION NO. TPFFC 03-01 A RESOLUTION OF THE BOARD OF DIRECTORS OF THE TEMECULA PUBLIC FACILITIES FINANCING CORPORATION ELECTING VOLUNTARILY TO WIND UP AND DISSOLVE THE CORPORATION THE BOARD OF DIRECTORS OF THE TEMECULA PUBLIC FACIL TIES FINANCING CORPORATION DOES RESOLVE AND ORDER AS FOLLOWS: Section 1. The Temecula Public Facilities Financing Corporation ("Corporation") is a California nonprofit public benefit corporation. The Corporation currently has no assets, creditors, claimants or members. Section 2. In accordance with California Corporations Code Section 6610(b)(3), the Board of Directors elects voluntarily to wind up and dissolve the Corporation. Section 3. The officers and directors of the Corporation are authorized and directed to file Form FTP 3555(A) (Request for Tax Clearance Certificate - Exempt Organizations) with the California Franchise Tax Board. Section 4. The officers and directors of the Corporation are authorized and directed to prepare and file such other documents, and to take such other action, as may be necessary or appropriate in connection with the winding up and dissolution of the Corporation. I PASSED, APPROVED AND ADOPTED by unanimous vote of the Board of Directors this 23rd day of September, 2003. ATTEST: [SEAL] I R:/Resos TPFFC 2003/Resos TPFFC 03-01 I I I STATE OF CALIFORNIA) COUNTY OF RIVERSIDE) ss CITY OF TEMECULA ) I, Susan W. Jones, CMC, City Clerk/Corporate Secretary of the Temecula Public Facilities Financing Corporation, do hereby certify that Resolution No. TPFFC 03-01 was duly and regularly adopted by the Board of Directors of the Public Facilities Financing Corporation at a regular meeting thereof held on the 23rd day of September, 2003, by the following vote: AYES: 5 DIRECTORS: Comerchero, Naggar, Pratt, Roberts, Stone NOES: 0 DIRECTORS: None ABSENT: 0 DIRECTORS: None ABSTAIN: 0 DIRECTORS: None '- R:/Resos TPFFC 2003/Resos TPFFC 03.01 I CERTIFICATE OF DISSOLUTION The undersigned certify that: 1. They constitute a majority of the directors now in office of the Temecula Public Facilities Financing Corporation, a California corporation (No. C1838546). 2. 3. The corporation has been completely wound up. The corporation's known debts and liabilities have been actually paid. 4. The known assets have been distributed to the persons entitled thereto. 5. 6. The corporation is dissolved. The corporation has no members; the election to dissolve was made by all members of the board of directors of the corporation. We further declare under penalty of perjury under the laws of the State of -California that the matters set forth in this certificate are true and correct of our own knowledge. I I 745990.1 Date: ~ -¿J -03 Sam Pratt, ¡rector ~~