HomeMy WebLinkAbout87-036RESOLUTION NO. 87- 36
DMF:k-3 4/87
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF SANTA ANA APPROVING TERMINATION OF AN
AGREEMENT WITH INTER-COUNTY AIRPORT MANAGEMENT
SERVICES AND EXECUTION OF AGREEMENT WITH
FIRST SOUTHWEST COMPANY.
WHEREAS, the Inter-County Airport Authority ("ICAA") was
created by a Joint Powers Agreement signed by the participating
cities, including the City of Santa Ana, and;
WHEREAS, on August 21, 1974, an operating agreement was
entered into between ICAA and Inter-County Airport Management
Services, Inc. ("ICAMS"), and;
WHEREAS, the purpose of said operating agreemenA was to obtain
the assistance and expertise of ICAMS in providing for the
planning of an airport to serve the demand areas of Orange, San
Bernardino and Riverside Counties, California (the "Airport
Project"), and thereafter, if the Airport Project proceeds, to
acquire the Airport Site and to supervise and manage the planning,
development, financing, operating, management, maintenance,
repair, improvement and construction of an airport and related
facilities; and
WHEREAS, on December 14, 1976, First Southwest Company entered
into an agreement whereby First Southwest Company would act as
financial consultants to ICAMS on the Airport Project; and
WHEREAS, ICAA and ICAMS have agreed to terminate said
operating agreement and thereafter ICAA will perform the above
tasks heretofore undertaken and to be undertaken by ICAMS; and
WHEREAS, the City of Santa Ana, as a participating city in
ICAA, desires to approve the termination of said operating
agreement and the execution of the agreement between ICAA and
First Southwest Company.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City
of Santa Aha as follows:
1. The termination of the agreement between the Inter-County
Airport Authority and Inter-County Airport Management Services,
Inc., is hereby approved.
2. The agreement between the Inter-County Airport Authority
170
RESOLUTION NO. 87-36
PAGE TWO
and First Southwest Company is hereby approved and its execution
authorized.
ADOPTED this'
ATTE ST:
4th day of
, '1987.
Daniel H. Young, Mayor~,,~
T/nice C. Guy /- ~-~
~21erk of the Council '
APPROVED AS TO FORM:
COUNCILMEMBERS=
Acosta
Griset
Hart
May
McGuigan
Pulido
Young
Aye
Ave
Aye
~y Attorney