HomeMy WebLinkAbout97-135 CC ResolutionRESOLUTION NO. 97-135
A RF~OLUTION OF THE CITY COUNCIL OF THE CITY
OF TEMECULA AUTHORW~iNG FORMATION OF A JOINT
EXERCISE OF POWERS AUTHORITY WITH THE
REDEVELOPMENT AGENCY OF THE CITY OF
TEMECULA
WHI~FAS, the City of Temecula (the "City") and the Redevelopment Agency of the City
of Temecula (the "Agency") desire to assist in the provision of public capital improvements and
the potential acquisition of land for public benefit and public purposes in the Westside area of the
City, as contemplated by the Specific Plan for such area heretofore approved by ordinance of the
City Council and otherwise to assist in the development of the proposed RogersDale project; and
WHEREAS, in connection with such assistance, the City and the Agency propose to form
a joint exercise of powers authorities pursuant to Article 1 (commencing with Section 6500) of
Chapter 5 of Division 7 of Title ! of the California Government Code, to exercise the powers of
the City and the Agency, and to enable the use of financing techniques that may reduce local
borrowing costs, and to otherwise promote the greater use of existing and new financial
instruments and mechanisms, all in accordance with the financing of some of the improvements
and land acquisition by and through a community facilities district to be formed by such joint
powers authority; and
WHEREAS, a form of joint exercise of powers agreement between the City and the
Agency creating the Westside Improvement Authority (the "Joint Powers Agreement"), has been
filed with the City Clerk, and the City Council, with the aid of City staff, have reviewed the Joint
Powers Agreement; and
WHEREAS, the City Council now desires to approve the Joint Powers Agreement, and
to authorize its execution and delivery.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Temecuh
as follows:
Section 1. Formation of Joint Powers Authority. The City Council hereby
authorizes the officers and staff members of the City to assist in the organization of a joint
exercise of powers authority between the City and the Agency to be known as the "Westside
Improvement Authority." The City Council hereby approves and authorizes the Mayor to execute
and deliver and the City Clerk to attest the Joint Powers Agreement forming said joint exercise
of powers authority, in the form on file with the City Clerk together with any changes therein
deemed advisable by the City Attorney, the approval of such changes to be conelusively evidenced
by the execution and delivery by the City of the $oint Powers Agreement.
Resos 97-135 1
Section 2. Off'~_ial 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 formation of ~aid joint exercise of powers 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.
PASSED, APPROVED AND ADOFrED, by the City Council of the City of Temecula,
at a regular meeting held on the 9th day of December, 1997.
ATTEST:
Ron Roberts, Mayor
1u~. Greek, CMC/~
City Clerk
[SEAL]
Reso~ 97-135 2
STATE OF CALIFORNIA )
COUNTY OF RIVERSIDE )
CITY OF TEMECIJLA )
I, June $. Greek, City Clerk of the City of Temecula, HEREBY DO CERTIFY that the
foregoing Resolution No. 97-135 was duly adopted at a regular meeting of the City Council of
the City of Temecula on the 9th day of December, 1997, by the following roll call vote:
AYES: 4
COUNCILMEMBERS:
NOES: 0 COUNCILMEMBERS: None
ABSENT: 0 COUNCILMEMBERS: None
ABSTAINED: 1 COUNCILMEMBERS: Stone
June S. Greek,'-"-~MC/AAE
City Clerk
Resos 97-135 3