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AgdaPkt 2018-07-23 Joint SA PFA
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AgdaPkt 2018-07-23 Joint SA PFA
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Last modified
7/24/2018 4:47:34 PM
Creation date
7/19/2018 7:49:46 PM
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Template:
CC Index
CC Index - Document Type
Agenda Packet
Meeting Type
Joint
Agency Type
City Council and Successor Agency and Public Financing Authority
Date
7/23/2018
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6.3.A. - Page 10 <br />7. Section 6.7 of the Agreement is hereby amended to read as follows: <br />"Section 6.7 Allocation of Capital Reserve Expenses <br />The annual capital reserve expenses of the Authority for each component of Stage <br />1 of the Project shall be allocated by the Authority to the Agencies on the basis of the <br />percentages set forth in Exhibit A hereto. All monies received from any Agency in <br />payment of capital reserve expenses shall be paid out by the Treasurer as directed by <br />the Commission and upon approval of demands for payment by the Manager or the <br />Commission as provided in this Agreement and in accordance with Section 6505.5 of the <br />Act." <br />8. Except as amended hereinabove and heretofore amended by Supplemental <br />Agreements I — VII, all other terms, conditions, agreements and provisions of the <br />Agreement shall remain in full force and effect and are unchanged. <br />IN WITNESS WHEREOF, the parties hereto have caused this agreement to be <br />executed and attested by their proper officers thereunto duly authorized and their official <br />seals to be hereto affixed, on the day and year set opposite the name of each of the parties. <br />Dated: <br />ATTEST: <br />City Clerk <br />(Seal) <br />Dated: <br />CITY OF BELMONT, a general law city <br />Mayor <br />CITY OF REDWOOD CITY, a <br />chartered city, <br />ATTY/RESO.0070/CC RESO SILICON VALLEY CLEAN WATER JPA AMENDMENTS — EXHIBIT A <br />REV: 07-11-18 DZ <br />Page 4 of 5 <br />
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