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HomeMy WebLinkAboutr2019-11Attachment 1 Resolution No. 2019 - 11 APPROVING, AUTHORIZING, AND DIRECTING, EXECUTION OF AN AMENDED AND RESTATED JOINT EXERCISE OF POWERS AGREEMENT RELATING TO THE CALIFORNIA STATEWIDE COMMUNITIES DEVELOPMENT AUTHORITY WHEREAS, Truckee Donner Public Utility District (the "District"), has expressed an interest in participating in the economic development financing programs (the "programs") in conjunction with the parties to that certain Amended and Restated Joint Exercise of Powers Agreement Relating to the California Statewide Communities Development Authority, dated as of June 1, 1988 (the "Agreement"); and WHEREAS, there is now before the District the form of the Agreement; and WHEREAS, the District proposes to participate in the Programs and desires that certain projects to be located within the District be financed pursuant to the Programs and it is in the public interest and for the public benefit that the District do so; and WHEREAS, the Agreement has been submitted to the [District Administrator, District's General Counsel, and the Board of Directors], all of whom have reviewed said agreement; NOW THEREFORE, BE IT RESOLVED, by the Board of Directors of Truckee Donner Public Utility District as follows: Section 1. The agreement is hereby approved and the General Manager is hereby authorized and directed to execute said document, with such changes, insertions and omissions as may be approved by the District's Board of Directors and approved as to form by the District's General Counsel. Section 2. The Board President and the District Clerk are hereby authorized and directed to execute such other agreements, documents and certificates, subject to approval as to form by the District's General Counsel, and to perform such other acts and deeds, as may be necessary to effect the purposes of this Resolution and the transactions here in authorized. Attachment 1 Section 3. The District Clerk shall forward a certified copy of this Resolution and an originally executed agreement to: Kathleen Jacobe Orrick, Herrington & Sutcliffe LLP 400 Capital Mall, Suite 3000 Sacramento, California 95814 Section 4. This resolution shall take effect immediately upon its passage. PASSED AND ADOPTED by the Board of Directors of the Truckee Donner Public Utility District in a meeting duly called and held within said District on the 5th day of June, 2019 by the following roll call vote: AYES: NOES: ABSENT: TRUCKEE DONNER PUBLIC UTILITY DISTRICT By: Bob Ellis, President of the Board ATTEST: Shanna D. Kuhlemier, CMC, District Clerk