HomeMy WebLinkAboutPFA 2010-001RESOLUTION NO PFA 2010-001
RESOLUTION OF THE ATASCADERO PUBLIC
FINANCING AUTHORITY ESTABLISHING REGULAR
MEETING DATES FOR AUTHORITY MEETINGS
WHEREAS, the Atascadero Public Financing Authority (the "Authority") is a public
agency duly organized and existing pursuant to a Joint Exercise of Powers Agreement (the "JPA
Agreement"), dated November 9 2004, by and between the City of Atascadero (the "City") and
the Community Redevelopment Agency of Atascadero (the "Agency"), and,
WHEREAS, the Authority is governed by a board of directors comprised of the five
member City Council of the City; and,
WHEREAS, the Authority is statutorily authorized by Article 4 of Chapter 5 of Division
7 of Title 1 of the California Government Code and is empowered under the JPA Agreement to
issue its bonds to, among other things, provide financial assistance to the City and/or the
Agency; and,
WHEREAS, section 6592.1 of the California Government Code, newly effective as of
am January 1, 2010, provides that a resolution authorizing bonds or any issuance of bonds or
accepting the benefit of any bonds or the proceeds of bonds must be adopted by the Authority
only during a regular meeting; and
WHEREAS, to provide flexibility for the Authority to adopt resolutions for the issuance
of bonds when expedient, it is necessary and appropriate to establish regular meeting dates for
the Authority;
NOW, THEREFORE BE IT RESOLVED
SECTION 1 The Authority hereby determines that July 27, 2010, and August 10, 2010, shall be
established as regular meeting dates of the Authority for 2010, to be held in conjunction with
regular meetings of the City Council of the City Such establishment of regular meeting dates
shall not preclude the calling of special meetings of the Authority, when necessary, for purposes
other than the adoption of resolutions for the issuance of bonds
SECTION 2 This Resolution shall take effect immediately
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City of Atascadero
Resolution No. PFA 2010-001
Page 2 of 2
On motion by Vice Chairperson O'Malley and seconded by Board Member Kelley, the foregoing
Resolution is hereby adopted in its entirety on the following roll call vote
AYES Board Members Beraud, Clay, Kelley, Vice Chairperson O'Malley and
Chairperson Fonzi
NOES None
ABSENT None
ADOPTED June 22, 2010
ATASCADERO PUBLIC
FINANCING AUTHORITY
By Z`
R berta Fonzi, Chairpers
ATTEST
Marcia McClure Turgerson, C.M C, B rd Secretary
APPROVED AS TO FORM.
Brian A. Pienk, City Attorney