CIC Resolution 92-5811051 -01 JHHW:BDQ :ncc 02,07/92
0304/92
CITY OF ALAMEDA COMMUNITY IMPROVEMENT COMMISSION
RESOLUTION NO.
92 -58
A RESOLUTION AUTHORIZING FORMATION OF A JOINT
POWERS AUTHORITY WITH THE CITY OF ALAMEDA
RESOLVED, by the City of Alameda Community Improvement Commission (the
"Commission "), as follows:
WHEREAS, the Commission and the City of Alameda, California (the "City "), are each
authorized to own, lease, purchase, receive and hold property necessary or convenient for their
governmental operations; and
WHEREAS, the financing of costs related to the acquisition of property and other public
capital improvements by the Commission and the City acting separately may result in duplication
of effort, inefficiencies in administration, and excessive cost, all of which, in the judgment of the
Commission and the City, could be eliminated if the financing of costs related to the acquisition of
property and other public capital improvements were capable of being performed through a single
public entity; and
WHEREAS, the Commission and the City propose to form a joint powers authorit,
pursuant to Articles 1 through 4 (commencing with section 6500) of Chapter 5, Division 7, Title 1
of the California Government Code;
NOW, THEREFORE, it is hereby ORDERED and DETERMINED, as follows:
Section 1. Form,tion of tloirtt Powers Authority. The Commission hereby authorizes th
officers and staff members of the Commission to assist in the organization of a joint powersT
authority between the Commission and the City, to be known as the Alameda Public Financing
Authority. The Commission hereby approves and authorizes the Chairman, the Executive
Director or the Finance Director to execute and the Secretary to attest a joint exercise of powers
agreement forming said joint powers authority, in substantially the form on file with the Secretary,
together with any changes therein deemed advisable by the Commission Attorney.
Section 2. Official Actions. The Chairman, the Executive Director, the Finance Director the
Secretary and all other proper officers of the Commission 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 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 desirable and not inconsistent with the purposes of this resolution.
Section 3. Effective Dim. This Resolution shall take effect from and after the date of its
passage and adoption.
* * * * * * * * * * * * * *
I hereby certify that the foregoing Resolution was duly adopted by the City of Alameda
Community Improvement Commission at a scheduled meeting thereof, held on the 17th day of
March, 1992, by the following vote of the Commission:
AYES:
NOES:
ABSENT: None.
ABSTAINED: None.
Councilmembers Arnerich, Camicia, Lucas, Roth and
President Withrow - 5.
None.
By
Secretary