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HomeMy WebLinkAbout96-056 CC Resolution RESOLUTION NO. 96-56 A RESOLUTION OF THE CITY COUNCIIL OF THE CITY OF TEMIECULA TERMINATING THE OLD TOWN/WESTS]IDE L%LPROVEMENT AUTHORITY VMEREAS, the City of Temecula (the 'City") and the Redevelopment Agency of the City of Temecula (the 'Agency') are parties to the Old Town/Westside Improvement Authority Joint Exercise of Powers Agreement (the 'Agreement) creating the Old Town/Westside Improvement Authority (the 'Authority"); and WHEREAS, the Authority has never entered into any contracts or issued any Bonds (as defined in the Agreement) and the City Council now desires to terminate the Agreement and the Authority. NOW, THEREFORE, BE IT RESOLVED, by the City Council of the City of Temecula as follows: 1. Termination of Agreement and Authority, The Agreement and the Authority are terminated, subject to adoption by the Agency of a resolution also terminating the Agreement and the Authority. 2. Official Actions- The Mayor, City Manager, City Clerk and all other 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 termination of the Agreement and the Authority, including but not limited to the execution and delivery of any and all certificates or instruments which they, or any of them, deem necessary or desirable and not inconsistent with the purposes of this resolution. PASSED, APPROVED AND ADOPTED, by the City Council of the City of Temecula, at a regular meeting held on the 23rd day of April, 1996. s@ r ATTEST: J@S,Areek, CMC City Clerk STATE OF CALIFORNIA) COUNTY OF RIVERSIDE) SS CITY OF TEMECULA ) 1, June S. Greek, City Clerk of the City of Temecula, HEREBY DO CERTIFY that the foregoing Resolution No. 96-56 was duly adopted at a regular meeting of the City Council of the City of Temecula on the 23rd day of April, 1996, by the following roll call vote: AYES: 4 COUNCILMEMBERS: Birdsall, Ford, Roberts, Lindemans NOES: 0 COUNCILMEMBERS: None ABSENT: 0 COUNCILMEMBERS: None ABSTAINED: 1 COUNCILMEMBERS: Stone Ju@. @k, CMC City Clerk Resos\96-56 2