1990-35 RESOLUTION N0. g0-35
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF GRAND TERRACE, CALIFORNIA, AUTHORIZING
FORMATION OF A JOINT POWERS AUTHORITY WITH
THE REDEVELOPMENT AGENCY OF THE CITY OF GRAND
TERRACE
WHEREAS, the City of Grand Terrace ( the "City" ) and the
Redevelopment Agency of the City of Grand Terrace ( 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
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 I ( 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 Grand Terrace 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 Grand Terrace as follows :
Section 1. Formation of Joint Powers Authority. The
City Council hereby authorizes the officers and staff members 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 "Grand Terrace 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
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
RESOLUTION NO. 90-35
PAGE 2
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 desirable and not inconsistent with the purposes of the
formation of this authority as set forth in this Resolution .
Section 3. Effective Date . This Resolution shall take
effect immediately upon its passage and adoption .
Section 4. Adopted at a regular meeting of the City
Council of said City held on the 13th day of December , 1990.
PASSED, APPROVED, AND ADOPTED this 13th day of
December , 1990.
C Y OF GRAND TERRACE
ATTEST:
4T G' *QP UTY CITY RK
APPROVED AS TO FORM :
W Vt Al
J ARP T ELF
RESOLUTION NO. 90-35
PAGE 3
STATE OF CALIFORNIA )
COUNTY OF SAN BERNARDINO ) ss .
CITY OF GRAND TERRACE )
I , BRENDA STANFILL, ACTING DEPUTY CITY CLERK of the
CITY OF GRAND TERRACE, CALIFORNIA, DO HEREBY CERTIFY that the
foregoing Resolution No . 90-35 was duly passed, approved , and
adopted by the City Council , approved and signed by the Mayor ,
and attested by the Acting Deputy City Clerk, all at the meeting
of said City Council held on the 13th day of December 1990, and
that the same was passed and adopted by the following vote :
AYES : Mayor Matteson; Mayor Pro Tem Grant
Councilmembers Carlstrom, Christianson, Hilkey
NOES : None
ABSENT : None
ABSTAIN : None
A I EPU Y L -
CITY OF GRAND TERRACE
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