HomeMy WebLinkAboutReso - CC - 018-2010DO NOT USE THIS RESOLUTION
THE ORIGINAL IS FILED IN THE - FINANCING
AUTHORITY RESOLUTIONS FILE - 701-05
COPY ATTACHED TO THIS ONE
IT IS NOW RESOLUTION FA1-2010
RESOLUTION NO. 18-2010
A RESOLUTION OF THE GOVERNING BOARD OF
THE BURLINGAME FINANCING AUTHORITY
ESTABLISHING THE DATES AND TIMES OF
REGULAR MEETINGS OF THE AUTHORITY
WHEREAS, the City of Burlingame (the "City") and the Redevelopment
Agency of the City of Burlingame (the "Agency") have heretofore executed a Joint
Exercise of Powers Agreement, dated May 15, 1995 (the "Agreement'), which
Agreement creates and establishes the Burlingame Financing Authority (the
"Authority");
WHEREAS, from time to time, the Authority issues bonds pursuant to the
provisions of the Marks -Roos Local Bond Pooling Act (Government Code Section
6584.5 and following; the "Act');
WHEREAS, Senate Bill 99 (Government Code Section 6592.1), effective
January 1, 2010, imposes a requirement upon Financing Authorities that approval of the
issuance of bonds by a Financing Authority under the Act must occur at a regular
meeting of an Authority;
WHEREAS, the Governing Board desires to establish a new schedule of
regular meeting dates for the Authority;
NOW, THEREFORE, BE IT RESOLVED by the Governing Board of
the Burlingame Financing Authority, as follows:
1. The Governing Board hereby establishes the regular meeting dates of the
Authority on the same dates and at the same times each year as the regular meetings of
the Burlingame City Council.
2. In the event that the Chair of the Governing Board determines that there will
be no business to transact at meeting, that meeting may be canceled.
3. The Governing Board hereby declares that a regular meeting of the Authority
will be deemed canceled without further action or notice by the Chair, the Treasurer or
the Board if an agenda for the Authority meeting is not posted in accordance with the
Brown Act at least seventy-two (72) hours prior to the meeting date.
RESOLUTION NO. RAI -2010
A RESOLUTION OF THE GOVERNING BOARD OF
THE BURLINGAME FINANCING AUTHORITY
ESTABLISHING THE DATES AND TIMES OF
REGULAR MEETINGS OF THE AUTHORITY
WHEREAS, the City of Burlingame (the "City") and the Redevelopment
Agency of the City of Burlingame (the "Agency") have heretofore executed a Joint
Exercise of Powers Agreement, dated May 15, 1995 (the "Agreement"), which
Agreement creates and establishes the Burlingame Financing Authority (the
"Authority");
WHEREAS, from time to time, the Authority issues bonds pursuant to the
provisions of the Marks -Roos Local Bond Pooling Act (Government Code Section
6584.5 and following; the "Act");
WHEREAS, Senate Bill 99 (Government Code Section 6592.1), effective
January 1, 2010, imposes a requirement upon Financing Authorities that approval of the
issuance of bonds by a Financing Authority under the Act must occur at a regular
meeting of an Authority;
WHEREAS, the Governing Board desires to establish a new schedule of
regular meeting dates for the Authority;
NOW, THEREFORE, BE IT RESOLVED by the Governing Board of
the Burlingame Financing Authority, as follows:
1. The Governing Board hereby establishes the regular meeting dates of the
Authority on the same dates and at the same times each year as the regular meetings of
the Burlingame City Council.
2. In the event that the Chair of the Governing Board determines that there will
be no business to transact at meeting, that meeting may be canceled.
3. The Governing Board hereby declares that a regular meeting of the Authority
will be deemed canceled without further action or notice by the Chair, the Treasurer or
the Board if an agenda for the Authority meeting is not posted in accordance with the
Brown Act at least seventy-two (72) hours prior to the meeting date.
4. This Resolution shall take effect immediately upon its passage.
Cathy Bayllock, Mayor
I, Mary Ellen Kearney, Clerk of the City of Burlingame, hereby certify that the
foregoing Resolution was duly and regularly introduced and adopted at a regular meeting
of the Burlingame City Council held on the 5th day of April, 2010, by the following vote
to wit:
AYES: CouncilmembersBAYLOCK, BROWNRIGG, REIGBRAN, NAGEL
NOES: Councilmembers: NONE
ABSENT: Councilmembers: DRAT•
fu
Mary Ellen Kearney, City C erk