HomeMy WebLinkAboutReso 108-21 Approving, Authorizing and Directing the Execution of a Joint Exercise of Powers, Agreement By and Between the City of Dublin and the California Statewide Communities Development Authority to Form the Dublin Financing AuthorityRESOLUTION NO. 108 = 21
A RESOLUTION OF THE CITY COUNCIL
OF THE CITY OF DUBLIN
APPROVING, AUTHORIZING AND DIRECTING THE EXECUTION OF A JOINT EXERCISE
OF POWERS AGREEMENT BY AND BETWEEN THE CITY OF DUBLIN AND THE
CALIFORNIA STATEWIDE COMMUNITIES DEVELOPMENT AUTHORITY TO FORM THE
DUBLIN FINANCING AUTHORITY
WHEREAS, under the Joint Exercise of Powers Act, comprising Articles 11 21 3 and 4 of
Chapter 5 of Division 7 of Title 1 (commencing with section 6500) of the California Government
Code (the JPA Act), a number of California cities, counties and special districts, entered into a
joint exercise of powers agreement pursuant to which California Statewide Communities
Development Authority (CSCDA) was organized; and
WHEREAS, CSCDA, acting pursuant to the JPA Act, may enter into a joint exercise of
powers agreement with one or more public agencies pursuant to which such contracting parties
may jointly exercise any power common to them and to exercise additional powers granted
under the JPA Act; and
WHEREAS, CSCDA and the City of Dublin desire to create and establish the Dublin
Financing Authority (the Authority) pursuant to the JPA Act; and
WHEREAS, there has been presented to this meeting a proposed form of Joint Exercise
of Powers Agreement (the Authority Agreement), by and between CSCDA and the City, which
creates and establishes the Authority; and
WHEREAS, under California law and the Authority Agreement, the Authority will be a
public entity separate and apart from the parties to the Authority Agreement and the debts,
liabilities and obligations of the Authority will not be the debts, liabilities or obligations of
CSCDA, the City or any representative of the City serving on the governing body of the Authority
or as an officer of the Authority.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Dublin as
follows:
Section 1. Approval of Financing Plan Am I AeDocuments. The City Council
hereby approves the Authority Agreement in substantially the form on file with the City Clerk,
together with any changes therein or additions thereto approved by the City Manager, Assistant
City Manager, Administrative Services Director or any of their designees (each, an Authorized
Officer), The Authorized Officers are hereby authorized and directed for and in the name and
on behalf of the City to execute the final form of the Authority Agreement, and the City Clerk is
hereby authorized and directed to attest to the final form of each of the Authority Agreement.
Execution of the Authority Agreement by an Authorized Officer shall be conclusive evidence of
the approval of any changes therein or additions thereto by an Authorized Officer,
Section 2. Effective Date, This Resolution shall take effect from and after the date of
its passage and adoption.
Reso. No. 10&21, Item 4.7, Adopted 09/21/2021 Page 1 of 2
PASSED, APPROVED, AND ADOPTED this 21s, day of September 2021, by the following vote:
AYES: Councilmembers Hu, Josey, Kumagai, McCorriston and Mayor Hernandez
NOES:
ABSENT:
ABSTAIN:
Mayor
ATTEST:
I '1(k,tRA 11H ntQ�'
City Clerk
Reso. No. 108-21, Item 4.7, Adopted 09/21/2021 Page 2 of 2