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FULL AGENDA PACKET_2021-03-02
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FULL AGENDA PACKET_2021-03-02
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7/8/2021 3:48:48 PM
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City Clerk
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Agenda Packet
Agency
Clerk of the Council
Date
3/2/2021
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EXHIBIT 4 <br /> <br /> <br />elected representative of the governmental unit having jurisdiction over the area in which the Project <br />is located, in accordance with said Section 147(f) and (b) Section 4 of the Agreement. <br />Section 3.The issuance of the Bonds shall be subject to approval of the Authority of all <br />financing documents relating thereto to which the Authority is a party. The City shall have no <br />responsibility or liability whatsoever with respect to repayment or administration of the Bonds. <br />Section 4.The adoption of this Resolution shall not obligate the City or any department <br />thereof to: (i) provide any financing with respect to the Project; (ii) approve any application or request <br />for or take any other action in connection with any planning approval, permit or other action <br />necessary with respect to the Project; (iii) make any contribution or advance any funds whatsoever <br />to the Authority; or (iv) take any further action with respect to the Authority or its membership therein. <br />Section 5.The City Manager and applicable Executive Directors of the City are hereby <br />authorized and directed, jointly and severally, to do any and all things and to execute and deliver any <br />and all documents that they deem necessary or advisable in order to carry out, give effect to and <br />comply with the terms and intent of this resolution and the financing approved hereby. <br />Section 6.This resolution shall take effect immediately upon adoption. <br />ADOPTED this ___ day of _________, 2021. <br /> _______________________________ <br />_______________________ <br />Vicente Sarmiento <br />Mayor <br />APPROVED AS TO FORM: <br />Sonia R. Carvalho <br />City Attorney <br />By:__________________________ <br /> Ryan O. Hodge <br /> Assistant City Attorney <br />AYES:Councilmembers <br />NOES:Councilmembers <br />ABSTAIN:Councilmembers <br />NOT PRESENT:Councilmembers <br /> 2 <br /> <br /> <br />
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