HomeMy WebLinkAbout1999-04-13 - RESOLUTIONS - ASSOCIATE MEMBERSHIP AGMT (2)RESOLUTION NO. 99-21
A RESOLUTION OF THE CITY COUNCIL
OF THE CITY OF SANTA CLARITA, CALIFORNIA
APPROVING ASSOCIATE MEMBERSHIP AGREEMENT
WITH THE INDEPENDENT CITIES LEASE FINANCE AUTHORITY
AND PROVIDING OTHER MATTERS PROPERLY RELATED THERETO
WHEREAS, certain cities of the State of California (collectively, the "Members") have
entered into a Joint Powers Agreement, creating the Independent Cities Lease Finance
Authority (the "Joint Powers Agreement"), establishing the Authority and prescribing its
purposes and powers, as amended by an Amendment No. 1 thereto providing, among other
things, for associate members of the Authority (an "Associate Member");
WHEREAS, the Authority has been formed for the purpose, among others, of assisting its
Members and Associate Members in the participation in Home Mortgage Financing
Programs (as defined in the Joint Powers Agreement) and in financing the acquisition,
construction, improvement and/or equipping of public capital improvements; and
WHEREAS, the City desires to become an Associate Member of the Authority as provided
in the Associate Membership Agreement, in the form on file with the City Clerk.
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF SANTA CLARITA does
resolve as follows:
SECTION 1. Approval of Associate Membership Agreement. The City Council hereby
approves and authorizes the Mayor to execute and the City Clerk to attest the Associate
Membership Agreement pursuant to which the City shall become an Associate Member of
the Independent Cities Lease Finance Authority forming the Authority, in substantially the
form on file with the City Clerk.
SECTION 2. Official Actions. The Mayor, the City Manager, Director of Administrative
Services/City Treasurer, City Clerk, and City Attorney of the City, and any 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 Associate Membership Agreement, 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.
RESOLUTION NO. 99-21
April 13, 1999 — Page 2
PASSED, APPROVED AND ADOPTED THIS 13tb dayof April '1999.
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CITY CLERK
STATE OF CALIFORNIA
COUNTY OF LOS ANGELES )as
CITY OF SANTA CLARITA
I, Sharon L. Dawson. CMC. City Clerk of the City of Santa Clarita, do hereby certify that
the foregoing Resolution was duly adopted by the City Council of the City of Santa Clarita
at a regular meeting thereof, held on the 13 t b day of A p r i 1 1999, by the
following vote of the Council:
AYES: COUNCILMEMBERS:
NOES: COUNCILMEMBERS:
ABSENT: COUNCILMEMBERS:
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CiTY CLERK
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Klajic, Heidt., Ferry, Weste, Darcy
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