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HomeMy WebLinkAbout98-01 WHFA ResolutionRESOLUTION NO. WtWA 98--01 A RESOLUTION OF ~ BOARD OF DIRECTORS OF ~ WINC~S~ !:/II.LS FIN~CING AUTIIORITY REGARDING MEETINGS, ESTABLIStIING A SEAL FOR ~ AUTttO~, DIRECTING TItE FILING OF A NOTICE OF FORMATION WITIt ~ SECRETARY OF STATE, AND ESTABLISttING THE RUI.ES FOR ITS PROCEEDINGS W'F!g:RE~, the City of Ternecula (the "City") and the Redevelopment Agency of the City of Ternecula (the "Agency") have adopted resolutions authorizing the formation of a joint powers authority under Articles 1-4 (commencing with Section 6500) of Chapter 5, Division 7, Title 1 of the Government Code of the State of California to be known as the "Winchester Hills Financing Authority" (the "Authority"), and the execution of a joint exercise of powers agreemere in connection therewith; and WIdE. AS, the City and the Agency have executed said agreement and the Authority, being duly formed, now desires to take certain actions relative to its administration as set forth below. NOW, Tm~REFORE, BE IT RESOLVE!~ by the Board of Directors of the Winchester Hills Financing Authority as follows: Section 1. A. Regular meetings of the Authority shall be held on the second and fourth Tuesdays of the month at 7:00 p.m., and may be combined with meetings of the City Council and Redevelopment Agency of the City of Temecula. The Authority shall be required to hold at least one meeting annually on the second Tuesday of July on each year, or the date of the first City Council meeting in the month of July each year, whichever occurs later. B. Noticing of regular, special or adjourned meetings of the Authority, posting of agendas, public comments to the Authority Board, closed sessions, and other procedural matters affecting meetings of the Authority shall be governed by the provisions of the Ralph M. Brown Act, Government Code Section 54950 et seq. ("Brown Act"). Section 2. Meeting Place. All meetings of the Board of Directors shall be held at the regular meeting place of the City Council of the City, unless the Board of Directors shall adjourn to or fix another place of meeting in a notice to be given thereof, or unless prevented by flood, fire or other disaster. Said regular meeting place is hereby fixed and established at the City Council Chambers, Temecula City Hall, 43200 Business Park Drive, Temecula, California. R¢~os.\WHFA.98-01 1 Section 3. Rules of Proceedines. A. Public Meetings. All meetings of the Authority shall be open to the public, unless a closed session is held as permitted by provisions of the Brown Act. B. Meeting Procedures. Unless otherwise specified by this Resolution, all proceedings of the meetings of the Authority shall be conducted in accordance with the provisions of the Brown Act and the ordinances, resolutions or written policies governing the conduct of meetings of the City Council of the City of Temecula. C. Quorum. Three (3) of the members of the Board of Directors shall constitute a quorum for the transaction of business. Section 4. Contracts: Agreements. All contracts or agreements on behalf of the Authority shall be signed by the Chairperson or the Executive Director, and countersigned by the Secretary, after having been authorized to do so by action of the Board of Directors, unless otherwise specifically provided by resolution of the Board of Directors. Any contract or agreement involving less than ten thousand dollars ($10,000) may be executed by any of such officers without the need for any approval by the Board of Directors. Section 5. Seal. The Authority shall have an Official Seal consisting of two (2) concentric circles with the words "Winchester Hills Financing Authority" within the outer circle and the date of formation of the Authority within the inner circle. The Secretary shall obtain the Seal at the Authofity's expense and shall have custody of the Seal. Section 6. Secretary_ of State. Bond Counsel to the Authority is hereby directed to file a notice of the formation of the Authority with the Secretary of State of the State of California, as required by Sections 6503.5 and 53051 of the California Government Code. Section 7. Office and Mailing Address. The office of the Authority and its official mailing address are hereby fixed and established at Winchester Hills Financing Authority c/o City of Temecula, P.O. Box 9033, Temecula, California 92589-9033, Attention: Executive Director. Re~os.\WHFA.98-01 2 PAS~, APPROVED AND ADOPTED, by the Board of Directors of the Winchester Hills Financing Authority at a meeting held on the 10th day of February, 1998. . ~.~5'~Jeff Comerchero, Chairperson ATTEST: Susan~fi~/'~' J~nJ°nfi~/' J°neA_ctirfg AuthoriSt;~. etal,,~.,/City Clerk [SEAL] STATE OF CALIFORNIA ) COUNTY OF RIVERSIDE ) CITY OF TEMECULA ) SS I, Susan W. Jones, Acting Secretary of the Winchester Hills Financing Authority, HEREBY DO CERTIFY that the foregoing Resolution No. WHFA 98- 01 was duly adopted at a regular meeting of the Board of Directors of the Winchester Hills Financing Authority on the 10th day of February, 1998, by the following vote: AYES: 5 BOARDMEMBERS: Ford, Lindemarts, Roberts, Stone, Comerchero NOES: 0 BOARDMEMBERS: None ABSENT: 0 BOARDMEMBERS: None · Jones, C,,MC J AcUng Authority Sc~er-ef. ary Re~o~.\WHFA.98-01 3