HomeMy WebLinkAboutCC Reso No 1989-32RESOLUTION N0. 89-32
A RESOLUTION OF THE CITY GOUNCIL Of
THE CITY OF LAKE ELSINORE AUTHORIZING
FORMATION OF A JOINT POWERS AUTHORITY
WITH THE REDEVELOPMENT AGENCY OF THE
CITY OF LAKE ELSINORE.
WHEREAS, the City of Lake Elsinore (the "City") and the
Redevelopment Agency of the City of Lake Elsinore (the "Agency")
are each authorized to own, lease, purchase, receive and hold
property necessary or convenient for their governmental
operations; and
WHEREAS, the financing of the acquisition of property by
the City and the Agency acting separately may result in
duplication of effort, inefficiencies in administration, and
excessive cost, all of which, in the judgment of the City and the
Agency, could be eliminated if the financing of the acquisition of
property were capable of being performed through a single public
agency; and
WHEREAS, in furtherance thereof, the City and the Agency
propose to form a joint exercise of powers authority pursuant to
Article 1(commencing with section 6500) of Chapter 5 of Division
7 of Title 1 of the California Government Code to exercise the
common.powers of the Agency and the City; and
WHEREAS, the form of joint exercise of powers agreement
between the City and the Agency creating the Lake Elsinore Public
Financing Authority (the "Joint Powers Agreement"), has been filed
with the City, and the members of the City Council, with the aid
of its staff, have reviewed the Joint Powers Agreement;
NOW, THEREFORE, BE IT RESOLVED by the City Council of the
City of Lake Elsinore as follows:
Section 1. Formation of Joint Powers Authority. The
City Council hereby authorizes the officers and staff inembers of
the City to assist in the organization of a joint exercise of
powers authority between the City and the Agency, to be known as
the "Lake Elsinore Public Financing Authority." The City Council
hereby approved the form of, and authorizes the Mayor, the City '
Manager or the Finance Director to execute and the City Clerk to
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PAGE TWO - RESOLUTION N0. 89-32
attest the Joint Powers Agreement forming said joint exercise of
powers authority, in substantially the~`form on file with the City
Clerk together with any changes therein deemed advisable by the
City Attorney.
Section 2. Official Actions. The Mayor, the City
Manager, the Finance Director and the City Clerk 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 formation of said joint exercise of powers
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
desirab7e and not inconsistent with the purposes of this
resolution.
Section 3. Effective Date. This Resolution shall take
effect immediately upon its passage and adoption.
PASSED, APPROVED AND ADOPTED by the City Council of the
City of Lake Elsinore at a regular meeting thereof held on the
Rth day of August , 1989, by the following vote:
AYES: COUNCILMEMBERS:
NOES: COUNCILMEMBERS:
ABSENT: COUNCILMEMBERS:
ABSTAIN: COUNCILMEMBERS:
BUCK, DOMINGUEZ, STARKEY, 6JASHBURN, k~INKLER
NONE '"
NONE
NONE
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.._.. ,.,. ., ,
CITY OF LAKE ELSINORE
A
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CITY OF LAK~F~ ELSINORE V~~
APPP.441~1~ AS TO FORM AND LEGALITY:
JOHN R. HARPER, CI(fY~ AT1l9~NEY
CITY OF LAKE ELSIN~E
STATE OF CALIFORNIA )
COUNTY OF RIVERSIDE ) SS:
CITY OF LAKE ELSINORE )
, i, Vicki Lynne Kasad, City Clerk of the City of Lake Elsinore,
__ DO HEREBY CERTIFY that the foregoing Resolution duly adopted by the
City Council of the City of Lake Elsinore at a regular meeting of
said Council on the 8th day of August, 1989, and that it was so
adopted by the following vote:
AYES: COUNCILMEMBERS: BUCK, DOMINGUEZ, STARKEY
WASHBURN, WINKLER
NOES: COUNCILMEMBERS: NONE
ABSENT: COUNCILMEMBERS: NONE
ABSTAIN: COUNCILMEMBERS: NONE
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CITY OF LAK~ EL~INORE
( S EAI~ )
STATE OF CALIFORNIA )
COUNTY OF RIVERSIDE ) SS:
CITY OF LAKE ELSINORE )
I, Vicki Lynne Kasad, City Clerk of the City of Lake Elsinore,
DO HEREBY CERTIFY that the above and foregoing is a full, true and
correct copy of Resolution No. 89-32 of said Council, and that the
same has not been amended or repealed.
~ATED: August 9~ 1989
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L NNE SA , CITY CL RK
CITY C1F ZAK ~LSINORE
(SEAL)