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Consenting to Inlusion of Properties Within the City's Jurisdiction in the California Home Finance Authority Program
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Consenting to Inlusion of Properties Within the City's Jurisdiction in the California Home Finance Authority Program
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Last modified
8/12/2015 1:47:01 PM
Creation date
8/12/2015 1:39:25 PM
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City Clerk
Doc Type
Resolution
Doc #
2015-045
Date
8/4/2015
Destruction Year
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proceeding, had no ramununble cause to Lclicvc Ilis or her courlurt was uula willi atul, ill the case of <br />an action by or ill (lie tight of the Authority, acted with such care, including reasouable inquiry, as <br />all ordinarily prudent person ill a like posidou would use under similar circumstances. <br />18. lmmrtnides <br />All of tlu privileges and immunities front liabilities, exemptions trout law, ordinances and <br />rules, all pension, rCH4 disability, workers' couipetsadou and other bouetits which apply to the <br />activity of officers, ageuts or employees of any of the Members or Associate Mcnihcns wltcu <br />perlm'Imtlg their respective function.j, shalt apply to diem to die same degree aad extelnt wlulc <br />clusaged as Dcleirates or otherwise as sun officer, agent or outer reprQscutative ol'the Authority or <br />White eul"ged ill the perlonna nce of any of their Ihuclions or duties under the provisions of this <br />AgTecincut. <br />19, Amendment <br />This Agreement may be amended by the aloptiou of the amcudincut by the bo mming <br />bodies of a nuIjority of the Nfembers. 'Cite amendment shall become effective on Ilse first day of <br />the umutli following ale last required member ygeucy approval, Au aineuclntcut may he initiated <br />by the Board, upon approval Ilya m4jorily of the Board. Any proposed amendnicat, including tine <br />text of die proposed change, shall be given by the Board to each blcmher's Delegate for <br />prescutation and action by each Mcmller's board within fro days, which time may lie extended by <br />tine Board. <br />'17ic list of Members, Attachment 1, may be Updated to reflect new aud /or w thdrawn <br />iliembcrs witicnut requiring formal atucudntcnl or the Agrecmcut by the Authority Board of <br />Directors. <br />20. Withdrawal of Member or Associate Member <br />11' a Member withdraws as member of RCRC, its membership ill die Authority shall <br />automatically ternhV2te, A Member or Associate Member may withdraw rrom this Agrcemeut <br />upon written notice to the Board; provided however, that uo such withdrawal sliall result ill die <br />dissolution of the Authority as long as any Bouds or other oblihaticnts of the Authority retuaiu <br />outstanding. Any such withdrawal sivill become allcetivc tliirty (30) days after a resolution adopted <br />by the Member's governing body which authorizes withdrwll is received by tits Authority. <br />Notwidistandiag rice foregoing, any terniinatiou of membership or withdrawal from the Authority <br />shall not operate to relieve any terminated or witlidrnxing Nlcmher or Associate Member from <br />Obligations incurred by such terminated or withdrawing Member or Associate Mcndher prior to <br />the tine of its terminmliou or widulr wal. <br />20. Misedllemouv <br />al. Counterparts. 'Chis Abecenicot tray lac executed ill several counterparts, each oc <br />Which shall be an on in al aud all of wllicli shall coustitute but one will Ilse same instrument. <br />Ir. Construc ion, 'rile section headings herein are for couvenieuce only will are not to <br />Resolution No. 2015 -045 <br />Page 13 of 16 <br />
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