1991-38 Proposed Financing
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CARDIFF SANITATION DISTRICT
RESOLUTION NO. 91-38
RESOLUTION AUTHORIZING FORMATION OF JOINT POWERS
AUTHORITY FOR PURPOSES OF CERTAIN FINANCINGS
PROPOSED TO BE UNDERTAKEN BY THE AUTHORITY
WHEREAS, the City of Encini tas (the "City") is proceeding with
the lease financing of the acquisition of certain real property and
its renovation and remodeling so as to be useful as a Civic Center,
along with the acquisition of additional personal property,
including a telephone system; and
WHEREAS, the Cardiff Sanitation District (the "District"), the
City, the Encinitas Sanitary District, and the Cardiff Sanitation
District (together, the "Members") propose to form a joint powers
authority pursuant to Article 1 of Chapter 5 of Division 7 of Title
1 of the Government'Code of the State of California in order that
such authority may, in connection with such proceedings, exercise
the powers authorized under the Marks-Roos Local Bond Pooling Act
of 1985 (Government Code Section 6584 et seq.) and, in addition,
exercise such powers in cooperation with future proceedings of such
nature undertaken by the Districts or the City;
NOW, THEREFORE,
District as follows:
BE IT RESOLVED by the Cardiff Sanitation
Section 1. Formation of Joint Powers Authority. The Cardiff
Sanitation District hereby authorizes the officers and staff
members of the District to assist in the organization of a joint
powers authority between the District and the other Members, to be
known as the Encinitas Public Financing Authority. The Board
hereby approves and authorizes the President to execute and the
Clerk of the Board to attest the Joint Powers Agreement forming
said joint powers authority, in substantially the form on file with
the Clerk of the Board, together with any changes therein deemed
advisable by the District's General Counsel.
Section 2. Official Actions. The President, and any other
officers of the District, are hereby authorized and directed to
take all actions and do all things necessary or desirable hereunder
with respect to the formation of said joint 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.
Section 3. Effective Date. This Resolution shall take effect
from and after the date of its passage and adoption.
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PASSED AND ADOPTED this 6th day of November, 1991, by the
following vote:
AYES:
NOES:
ABSENT:
(SEAL)
Attest:
By:
Davis, Hano, Omsted, Slater, Wiegand
None
None
¿
President
(j~
Clerk of the Board
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