HomeMy WebLinkAboutResolution 2004-089 RESOLUTION NO. 2004-089
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
ATASCADERO, CALIFORNIA, AUTHORIZING THE EXECUTION OF A
JOINT EXERCISE OF POWERS AGREEMENT CREATING THE
ATASCADERO PUBLIC FINANCING AUTHORITY
WHEREAS, the City of Atascadero (the "City") and the Atascadero Community
Redevelopment Agency (the "Agency"), desire pursuant to Articles 1 through 4 (commencing
with section 6500) of Chapter 5, Division 7, Title 1 of the California Government Code, to create
a joint exercise of powers authority to assist in exercising powers common to the Agency and the
City, to undertake the financing of public capital improvements and related capital requirements
for themselves and for other public entities within the State of California;
NOW,THEREFORE BE IT RESOLVED, by the City Council of the City of Atascadero
SECTION 1. Formation of Joint Powers Authority. The appropriate officers and staff
members of the City are authorized to assist in the organization of a joint powers authority
between the Agency and the City, to be known as the "Atascadero Public Financing Authority"
(the "Authority"). The City hereby authorizes the City Manager or the City Manager's designee
to execute, and the City Clerk to attest, a joint exercise of powers agreement forming the
Authority, in substantially the form on file with the City Clerk, together with any changes therein
deemed advisable by counsel to the City.
SECTION 2. Authority Directors. The Council hereby designates all members of the
Council as directors of the Authority.
SECTION 3. Official Actions. The City Manager, the Assistant City Manager, the
Director of Administrative Services and all other proper 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 formation of the 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.
City of Atascadero
Resolution No.2004-089
Page 2 of 2
On motion by Council Member O'Malley and seconded by Council Member Scalise, the
foregoing Resolution is hereby adopted in its entirety on the following roll call vote:
AYES: Council Members Clay, O'Malley,Pacas, Scalise and Mayor Luna
NOES: None
ABSENT: None
ADOPTED: November 9, 2004
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OF ATASC RO
By: .
o e Luna, Mayor
ATTEST:
Marcia McClure Torgerson,C.M.C., City Jerk
APPROVED AS TO FORM:
Thomas R. Gibson,Interim City Attorney