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Item 29 - Installment Sale Agreement for Automated Metering Infrastructure Project
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02/07/2023 Regular & HA
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Item 29 - Installment Sale Agreement for Automated Metering Infrastructure Project
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8/11/2023 10:04:11 AM
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8/11/2023 10:03:41 AM
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City Clerk
Doc Type
Agenda Packet
Agency
Clerk of the Council
Item #
29
Date
2/7/2023
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Resolution 2023-XXX <br />Page 2 of 3 <br /> <br />Sale Agreement shall constitute conclusive evidence of such Authorized Representative’s <br />approval of such changes. Each of the Authorized Representatives is hereby authorized, <br />together or alone, to execute and deliver the 2022 Installment Sale Agreement. <br /> <br />Section 4. The covenants set forth in the 2022 Installment Sale Agreement to <br />be executed in accordance with Section 3 above are hereby approved, shall be deemed <br />to be covenants of the legislative body of the City, and shall be complied with by the City. <br /> <br />Section 5. Each Authorized Representative and the other officers and staff of <br />the City responsible for the fiscal affairs of the City are hereby authorized and directed to <br />take any actions and execute and deliver any and all documents and certificates as are <br />necessary to complete the transactions contemplated by the 2022 Installment Sale <br />Agreement. <br /> <br />Section 6. This Resolution shall take effect immediately upon its adoption by <br />the City Council, and the Clerk of the Council shall attest to and certify the vote adopting <br />this Resolution <br /> <br /> ADOPTED this ____ day of ______________, 2023. <br /> <br /> <br /> <br /> ___________________________ <br />Valerie Amezcua <br /> Mayor <br /> <br />APPROVED AS TO FORM: <br />Sonia R. Carvalho, City Attorney <br /> <br /> <br /> <br />By: ________________________ <br />John M. Funk <br />Chief Assistant City Attorney <br /> <br /> <br />AYES: Councilmembers <br /> <br />NOES: Councilmembers <br /> <br />ABSTAIN: Councilmembers <br /> <br />NOT PRESENT: Councilmembers <br /> <br /> <br />
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