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HomeMy WebLinkAbout1993-001 SAFASANTA ANA FINANCING AUTHORITY RESOLUTION NO. 93- 00t RESOLUTION ADOPTING THE BY-LAWS OF THE AUTHORITY; CONFIRMING THE CHAIR, VICE-CHAIR, EXECUTIVE DIRECTOR, SECRETARY, TREASURER AND CONTROLLER, RESPECTIVELY, OF THE AUTHORITY; ESTABLISHING THE TIME AND PLACE OF REGULAR MEETINGS OF THE AUTHORITY; ADOPTING A CONFLICT OF INTEREST CODE; AND RETAINING COUNSEL FOR THE AUTHORITY. WHEREAS, the City of Santa Aha (the "City") and the Community Redevelopment Agency of the City of Santa Aha (the "Agency") have heretofore executed a Joint Exercise of Powers Agreement, dated as of August 1, 1993 .(the "Agreement"), by and between the City and the Agency, which Agreement creates and establishes the Santa Aha Financing Authority (the "Authority"); NOW, THEREFORE, BE IT RESOLVED by the Governing Board of the Santa Aha Financing Authority (the "Governing Board"), as follows: Section 1. The By-Laws attached hereto as Exhibit A are adopted as the By-Laws of the Authority. Section 2. Pursuant to Section 2.02 of the By-Laws, the Mayor of the City shall be chair of the Authority. Section 3. Pursuant to Section 2.03 of the By-Laws, the Mayor Pro-Tem of the City shall be Vice-Chair of the Authority. Section 4. Pursuant to Section 2.04 of the By-Laws, the City Manager shall be Executive Director of the Authority. ~ection ~. Pursuant to Section 2.05 of the By-Laws, the Clerk of the Council shall be Secretary of the Authority. Section 6. Pursuant to Section 4(D) of the Agreement, the Executive Director/Finance and Management Services Agency of the City shall be Treasurer and Controller of the Authority. RESOLUTION SAFA Page 2 Section 93-001 7. The regular meetings of the Authority shall Center Plaza, Santa Ana, California, or such be held at 20 Civic other place as the Governing Board of the Authority may designate from time to time, at such time as may be designated by appropriate notice. Section 8. Pursuant to Section 4(D)(6) of the Agreement, the city Attorney is hereby retained as counsel to the Authority. Section 9. Whenever an officer of the Agency or the City is designated an officer of the Authority, the assistants and deputies of such officer from time to time shall also be, ex officio, officers of the Authority; and whenever a power is granted to, or a duty imposed upon, such officer, the power may be exercised, or the duty performed, by such assistant or deputy. Section 10. Pursuant to Section 12 of the Agreement, the Conflict of Interest Code of the City, on file with the Secretary and incorporated by reference as if fully set forth herein, is hereby collectively adopted as the Conflict of Interest Code of the Authority. Section 11. The Board hereby determines that an audit shall be caused to be performed Controller of the Authority as Government Code of the State of every year by the Treasurer and provided by Section 6505 of the California. Such audit shall be filed with the Secretary of the Authority. RESOLUTION SAFA 93-001 Page3 after its adoption. 1993. This resolution shall take effect from and PASSED, APPROVED and ADOPTED this 2nd day of August, ATTESTED: Santa Ana Financing Kuthorit~ APPROVAL AS TO FORM: Authority Counsel RESOLUTION SAFA 93-001 Page 4 SECRETARY'S CERTIFICATE I, JANICE C. G~LSecretary of the Santa Ana Financing Authority, hereby certify that the foregoing is a full, true and correct copy of a resolution duly adopted at a regular meeting of the members of said Authority duly and regularly held at the regular meeting place thereof on the 2nd day of Auqust , 1993, of which meeting all of the members had due notice and at which a majority thereof were present; and that at said meeting said resolution was adopted by the following vote: AYES: Lutz, Mills, Moreno, Richardson, Young NOES: None ABSENT: Norton, Pulido An agenda of said meeting was posted at least 72 hours before said meeting at 22 Civic Ctr. PlzD Santa Aha, California, a location freely accessible to members of the public, and a brief general description of said resolution' appeared on said agenda. I further certify that I have carefully compared the same with the original minutes of said meeting on file and of record in my office; that the foregoing resolution is a full, true and correct copy of the original resolution adopted at said meeting and entered in said minutes; and that said resolution has not been amended, modified or rescinded since the date of its adoption, and the same is now in full force and effect. Dated: August 2 , 1993 Santa Ana Financing Authorit/y LAI45528,1