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Exhibit"A" <br /> JPA <br /> Agreement <br /> 6.3.A. - Page 8 <br /> CALIFORNIA HOME FINANCE AUTHORITY <br /> AMENDED AND RESTATED JOINT EXERCISE OF POWERS AGREEMENT <br /> (Original date July 1, 1993 and as last amended and restated December 10, 2014) <br /> THIS AMENDED AND RESTATED JOINT EXERCISE OF POWERS AGREEMENT <br /> ("Agreement") is entered into by and among the counties listed on Attachment 1 hereof and <br /> incorporated herein by reference. All such counties are referred to herein as "Members" with the <br /> respective powers,privileges and restrictions provided herein. <br /> RECITALS <br /> A. WHEREAS, the California Rural Home Mortgage Finance Authority ("CRHMFA") was <br /> created by a Joint Exercise of Powers Agreement dated July 1, 1993 pursuant to the Joint Exercise <br /> of Powers Act (commencing with Article 1 of Chapter 5 of Division 7 of Title 1 of the <br /> Government Code of the State of California (the "Act"). By Resolution 2003-02, adopted on <br /> January 15, 2003, the name of the authority was changed to CRHMFA Homebuyers Fund. The <br /> most recent amendment to the Joint Exercise of Powers Agreement was on January 28, 2004. <br /> B. WHEREAS, the Members of CRHMFA Homebuyers Fund desire to update, reaffirm, <br /> clarify and revise certain provisions of the joint powers agreement, including the renaming of the <br /> joint powers authority, as set forth herein. <br /> C. WHEREAS, the Members are each empowered by law to finance the construction, <br /> acquisition,improvement and rehabilitation of real property. <br /> D. WHEREAS, by this Agreement, the Members desire to create and establish a joint powers <br /> authority to exercise their respective powers for the purpose of financing the construction, <br /> acquisition,improvement and rehabilitation of real property within the jurisdiction of the Authority <br /> as authorized by the Act. <br /> NOW, THEREFORE, in consideration of the mutual covenants contained herein, the Members <br /> individually and collectively agree as follows: <br /> 1. Definitions <br /> Unless the context otherwise requires, the following telins shall for purposes of this <br /> Agreement have the meanings specified below: <br /> "Act" means the Joint Exercise of Powers Act, commencing with Article 1 of Chapter 5 of <br /> Division 7 of Title 1 of the Government Code of the State of California, including the Marks-Roos <br /> Local Bond Pooling Act of 1985, as amended. <br /> "Agreement"means this Joint Exercise of Powers Agreement, as the same now exists or as it <br /> may from time to time be amended as provided herein. <br /> Page 1 of 13 <br />