HomeMy WebLinkAbout2024-002LR 5/7/2024
RESOLUTION NO.2024-002
RESOLUTION OF THE HOUSING AUTHORITY OF THE
CITY OF SANTA ANA AUTHORIZING THE CREATION OF
THE CITY OF SANTA ANA PUBLIC FINANCING
AUTHORITY AND CERTAIN OTHER MATTERS
PERTAINING THERETO
BE IT RESOLVED BY THE MEMBERS OF THE HOUSING AUTHORITY OF THE
CITY OF SANTA ANA AS FOLLOWS:
Section 1. The Members of the Housing Authority of the City of Santa Ana
hereby find, determine and declare as follows:
A. WHEREAS, the Housing Authority of the City of Santa Ana (the "Housing
Authority") has determined that it is in the best interests of the Housing
Authority to approve a joint powers authority which shall be created by the City
of Santa Ana (the "City") and the Housing Authority for the purpose of assisting
the members of such joint powers authority with the financing of public capital
improvements for the benefit of the community; and
B. WHEREAS, it has been proposed that the City and the Housing Authority form
a joint powers authority to be designated as the "City of Santa Ana Public
Financing Authority" (the "Financing Authority"), pursuant to a Joint Exercise of
Powers Agreement (the "Joint Powers Agreement"), by and between the City
and the Housing Authority, dated May V , 2024, a copy of which has been
presented to the Members, pursuant to the Joint Powers Law (Articles 1
through 4 of Chapter 5, division 7, Title 1 of the California Government Code);
and
C. WHEREAS, the Members of the Housing Authority, with the aid of its staff, has
reviewed the Joint Powers Agreement and the Members wish to approve the
Joint Powers Agreement, the creation of the Financing Authority and matters
related thereto.
Section 2. Creation of Authority. The Members of the Housing Authority hereby
approves the creation of the Financing Authority, the membership of the Housing
Authority therein and the Joint Powers Agreement. The Chair and the Secretary are and
each of them is hereby authorized and directed to execute and delivery the Joint Powers
Agreement for and on behalf of the Housing Authority with any such changes as the Chair
or the Chair's designee may deem appropriate.
5 5394.00068\4210502 1.1
Resolution No. 2024-002
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Section 3. Effective Date. This Resolution shall take effect immediately upon its
adoption by the Authority Board , and the Recording Secretary of the Authority shall attest
to and certify the vote adopting this Resolution.
ADOPTED this 7th day of May, 2024.
APPROVED AS TO FORM:
Sonia R. Carvalho, General Counsel
By: i(9 wl'a' N � c4 a2 ru
Laura A. Rossini
Chief Assistant Counsel
AYES: Board Members Amezcua, Bacerra, Hernandez, Lopez,
Penaloza, Phan (6)
NOES: Board Members None (0)
ABSTAIN: Board Members None (0)
NOT PRESENT: Board Members Vazquez(l)
CERTIFICATE OF ATTESTATION AND ORIGINALITY
I, JENNIFER L. HALL, Recording Secretary to the Housing Authority of the City of
Santa Ana, do hereby attest to and certify the attached Resolution No. 2024-002 to
be the original resolution adopted by the Housing Authority of the City of Santa Ana
on May 7, 2024.
Date: !J
ennifer L. all,
creta
City of Santa
Resolution No. 2024-002
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