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RES-8187 Approving Execution of Amended and Restated Joint Exercise of Powers AgreementRFSOLUTION NO. 8187 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ORANGE APPROVING, AUTHORIZING, AND DIRECTING EXECUTION OF AN AMENDED AND RESTATED JOINT EXERCISE OF POWERS AGREEMENT RELATING TO THE CALIFORNIA STATEWIDE COMMUNITIES DEVELOPMENT AGREEMENT WHEREAS, the City of Orange, 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 this 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, with the assistance of its staff, have reviewed said document. NOW, THEREFORE, it is hereby ORDERED AND DETERMINED as follows: Section 1. The Agreement is hereby approved and the City Manager or the City Manager's designee is hereby authorized and directed to execute said document, with such changes, insertions and omissions as may be approved by him, and the City Clerk or her designee is hereby authorized and directed to affix the City's seal to said document and to attest thereto. Section 2. The Mayor, City Manager, City Clerk and all other proper officers and officials of the City are hereby authorized and directed to execute such other agreement, 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 shall certify the adoption of this Resolution, and thenceforth and thereafter the same shall be in full force and effect. Section 4. The City Clerk shall forward a certified copy of this Resolution to the following: Steven L. Maler, Esq. Orrick, Herrington & Sutcliffe 777 S. Figueroa Street, Suite 3200 Los Angeles, California 90017 ADOPTED this 18th day of May 1993. ATIEST: dU~~ a ~~~?Z/ City Clerk the city' ;6(Orange I hereby certify that the foregoing Resolution was duly and regularly adopted by the City Council of the City of Orange at a regular meeting thereof held on the 18th day of May , 1993 by the following vote: A YES: COUNCIL MEMBERS SPURGEON, BARRERA. MAYOR BEYER. COONTZ, MURPHY NOES: COUNCIL MEMBERS NONE ABSENT: COUNCIL MEMBERS NONE ABSTAIN: COUNCIL MEMBERS NONE rok 'd~~ 'A77_ L i?;?tty"p1~/ City Clerk o~ City f otlfuge RESO NO. 8187 mab: b:resos: stjoseph SR-