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RES 2019-11 - Board
Attachment1ResolutionNo.2019-11APPROVING,AUTHORIZING,ANDDIRECTING,EXECUTIONOFANAMENDEDANDRESTATEDJOINTEXERCISEOFPOWERSAGREEMENTRELATINGTOTHECALIFORNIASTATEWIDECOMMUNITIESDEVELOPMENTAUTHORITYWHEREAS,TruckeeDonnerPublicUtilityDistrict(the“District”),hasexpressedaninterestinparticipatingintheeconomicdevelopmentfinancingprograms(the“programs”)inconjunctionwiththepartiestothatcertainAmendedandRestatedJointExerciseofPowersAgreementRelatingtotheCaliforniaStatewideCommunitiesDevelopmentAuthority,datedasofJune1,1988(the“Agreement”);andWHEREAS,thereisnowbeforetheDistricttheformoftheAgreement;andWHEREAS,theDistrictproposestoparticipateintheProgramsanddesiresthatcertainprojectstobelocatedwithintheDistrictbefinancedpursuanttotheProgramsanditisinthepublicinterestandforthepublicbenefitthattheDistrictdoso;andWHEREAS,theAgreementhasbeensubmittedtothe[DistrictAdministrator,District’sGeneralCounsel,andtheBoardofDirectors],allofwhomhavereviewedsaidagreement;NOWTHEREFORE,BEITRESOLVED,bytheBoardofDirectorsofTruckeeDonnerPublicUtilityDistrictasfollows:Section1.TheagreementisherebyapprovedandtheGeneralManagerisherebyauthorizedanddirectedtoexecutesaiddocument,withsuchchanges,insertionsandomissionsasmaybeapprovedbytheDistrict’sBoardofDirectorsandapprovedastoformbytheDistrict’sGeneralCounsel.Section2.TheBoardPresidentandtheDistrictClerkareherebyauthorizedanddirectedtoexecutesuchotheragreements,documentsandcertificates,subjecttoapprovalastoformbytheDistrict’sGeneralCounsel,andtoperformsuchotheractsanddeeds,asmaybenecessarytoeffectthepurposesofthisResolutionandthetransactionshereinauthorized. Attachment1Section3.TheDistrictClerkshallforwardacertifiedcopyofthisResolutionandanoriginallyexecutedagreementto:KathleenJacobeOrrick,Herrington&SutcliffeLLP400CapitalMall,Suite3000Sacramento,California95814Section4.Thisresolutionshalltakeeffectimmediatelyuponitspassage.PASSEDANDADOPTEDbytheBoardofDirectorsoftheTruckeeDonnerPublicUtilityDistrictinameetingdulycalledandheldwithinsaidDistrictonthe5thdayofJune,2019bythefollowingrollcallvote:AYES:Directors;Laliotis,Finn,Aguera,andVicePresidentBender,andPresidentEllis.NOES:None.ABSTAIN:None.ABSENT:None.TRUCKEEDONNERPUBLICUTILITYDISTRICTBy:BobEllis,PresidentoftheBoard