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RESOLUTION NO. 5929
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
ARCADIA, CALIFORNIA, AUTHORIZING AND DIRECTING
EXECUTION OF AN AMENDED AND RESTATED JOINT
EXERCISE OF POWERS AGREEMENT RELATING TO THE
CALIFORNIA STATEWIDE COMMUNITIES DEVELOPMENT
AUTHORITY
WHEREAS, the City of Arcadia, California (the "City") 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 I, 1988 (the "Agreement"); and
WHEREAS, there is now before this City Council the form ofthe Agreement; and
WHEREAS, the City proposed to participate in the Programs and desires that certain
projects to be located within the City be financed pursuant to the Programs and it is in the
public interest and for the public benefit that the City do so; and
WHEREAS, the Agreement has been filed with the City, and the members of the City
Council, with the assistance of its staff, have reviewed said document.
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF ARCADIA,
CALIFORNIA DOES HEREBY FIND, DETERMINE AND RESOLVE AS FOLLOWS:
SECTION 1. The Agreement is hereby approved and the City Manager or the City
Manager's designee is hereby authorized and directed to execute said document, and the City
Clerk or the City Clerk's designee is hereby authorized and directed to affix the City's seal
to said document and to attest thereto, subject to approval as to form by the City Attorney.
SECTION 2. TIle Mayor, City Manager, City Clerk and all other proper officers and
officials of the City are hereby authorized and directed to execute such other agreements,
documents and certificates, and to perform such other acts and deeds, as may be necessary
or convenient to effect the purposes of this Resolution and the transactions herein authorized,
subject to approval as to form by the City Attorney.
SECTION 3. That this Resolution shall take effect immediately upon its adoption.
SECTION 4. That the City Clerk shall certify to the adoption of this Resolution.
Passed, approved and adopted this 2nd day of July
,1996.
A TrEST:
Cit
APPROVED AS TO FORM:
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STATE OF CALIFORNIA
COUNTY OF LOS ANGELES SS:
CITY OF ARCADIA
I, JUNE D. ALFORD, City Clerk .of the City of Arcadia,
hereby certify that the foregoing Resolution No. 5929 was
passed and adopted by the City Council of the City of Arcadia,
signed by the Mayor and attested to by the City Clerk at a
regular meeting of said Council held on the 2nd day of July,
1996 and that said Resolution was adopted by the following
vote, to wit:
AYES: Councilmember Chang, Harbicht, Young and Kuhn
NOES: None
ABSENT: Councilmember Lojeski
Ci
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