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Agmt16 Golden State Finance Authority JPA
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Agmt16 Golden State Finance Authority JPA
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Last modified
3/15/2017 10:46:02 AM
Creation date
5/20/2016 11:09:25 AM
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Template:
Agreement
Contractor Name
Golden State Finance Authority
PROJECT NAME
JPA Name change relates to PACE
RMP File Number
508
Date
5/16/2016
Reso Ref
15483, 15484
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Agreement. <br />19. Amendment <br />This Agreement may be iunendcd by die adoption of (lie artiendnient by the govenling <br />bodies of a majority ol' the Members. The amendment shall become ellective on die first day of <br />the mouth following the last required member agency approval. Au artieudment rimy be initiated <br />by die Board, upon approval by a nuklority of the Board. Any proposed aniendinent, includilig the <br />text of the proposed chwige, sliall be #well by the Board to eachMember's Delegate lcir <br />presentation quid action by each Member's board "71diili fit) clays, wiliest time may be extended by <br />the Board. <br />The list of Members, Attachment 1, may be updated to reflect new quid/or withdrawn <br />Members without requiring fiunial amendment of' the Agreement by the Authority Board of <br />Directors. <br />20. Witkhdrawal of Member or Associate Member <br />if it Member ryithdraws as member of RCRC, its membership in the Authority shall <br />automatically teniiittate. A Member or Associate Nfenlber may witidraw frons this Ai,Yreenient <br />upon written notice to die Board; provided however, that no such vvithdrtival sli<-il. result in die <br />dissolution of' the Authority as long as any Bonds or other obligations of the Atlthority rentain <br />out tailclitig. Alit' such Mthdraw d shall become ellective thirty (30) clays after a resolution adopted <br />by the ;Member's gowniilig body wliicli authorizes withdrawal is received by the Authority. <br />Notmflistanding the foregoing, ally, termination of lnertibersltip or evithdrawal from the Authority <br />shall not operate to relieve ally terminated or withdrawilig Member or .Associate Member froin <br />Obligations incurred by such ternllllated or ►yithdrawing Member or Associate Member prior to <br />the lime of its termination or withdrawal. <br />21. Miscellaneous <br />it. Counterparts. This Agreement may be executed ill several cotu►terparts, each of <br />which shall be au original and all ol' which shall constitute butt one and the sante instrt►nielit. <br />b. Construction. ]'lie section headings herein are (6r cotlyciiicnce ()Illy ;uul are not to <br />be construed as mociifyvit►g or governing the lauiivage in the section reli•rrcd to. <br />C. Approvals. Wherever ill this Atrecinent any consent or approval is rupilred, the <br />same shall not be unreasonably witlilield. <br />d. Jurisdiction; Venue. This AgTeenient is made in (lie State of C'alilimila, under the <br />Constitution and laws ol' stich State and is to be so construed; any actiol► to cul'orce or interpret its <br />terms shall be brought iii Sacralnellto County, Calilcrrnia. <br />ATTY/AGR/2016.086/CALIFORNIA HOME FINANCE AUTHORITY <br />REV: 04-29-16 FF <br />Page 11 of 14 <br />
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