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HomeMy WebLinkAboutReso - CC - 081-1993CITY OF BURLINGAME STATE OF CALIFORNIA Resolution of the City Council Resolution No. 81-93 IN THE MATTER OF A RESOLUTION APPROVING, AUTHORIZING AND DIRECTING EXECUTION OF AN AMENDED AND RESTATED JOINT EXERCISE OF POWERS AGREEMENT The following resolution was duly passed by the City Council of the City of BURLINGAME at a regular meeting held December 6. 1993 by the following vote: Ayes: HARRISON, KNIGHT, O'MAHONY, PAGLIARO, SPINELLI Nays: NONE Absent:NONE Signed and approved by me after its passage. Mayor Attest: V6641.01'W", City Clerk s WHEREAS, the City has expressed an interest in participating in an economic development financing program in conjunction with the parties to that certain Joint Exercise of Powers Agreement Between Certain Counties in California Creating the California Counties Industrial Development Authority, dated as of November 18, 1987 (the "Original Agreement"); and WHEREAS, due to broadened sponsorship for the programs (the "Programs") to be undertaken pursuant to the Original Agreement, it has been determined to amend and restate the Original Agreement pursuant to that certain Amended and Restated Joint Exercise of Powers Agreement Relating to the California Statewide Communities Development Authority, dated as of June 1, 1988 (the "Amended Agreement") to, inter alia, change the name of the authority established pursuant to Original Agreement and to modify the governance thereof; and WHEREAS, there is now before this City Council the form of the Amended Agreement; and WHEREAS, the City proposes to participate in the Programs and desires that certain projects to be located within the City be financed pursuant to the Programs and it is in the public interest and for the public benefit that the City do so; and WHEREAS, the Amended Agreement has been filed with the City and the members of the City Council, with the aid of its staff, have reviewed said document. NOW, THEREFORE, it is hereby RESOLVED, ORDERED AND DETERMINED, as follows: SECTION 1. The Amended Agreement is hereby approved and the Mayor, City Manager, or (other designated City official) is hereby authorized and directed to execute said document, with such changes, insertions and omissions as may be approved by such Official, and the City Clerk or Deputy City Clerk is hereby authorized and directed to affix the City's seal to said document and to attest thereto. SECTION 2. The Mayor, City Manager, the City Clerk and (other designated officials of the City) and all other proper officers and officials of the City are hereby authorized and directd to execute such other agreements, documents and certificates, and to perform such other acts and deeds, as may be necessary or convenient to effect the purposes of this Resolution and the transactions herein authorized. SECTION 3. This Resolution shall take effect from and after its date of adoption. 2