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Res18 15690
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Res18 15690
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Last modified
9/26/2018 8:15:13 AM
Creation date
7/25/2018 11:40:28 AM
Metadata
Fields
Template:
CC Index
CC Index - Document Type
Resolution
Meeting Type
Joint
Agency Type
City Council and Successor Agency and Public Financing Authority
Date
7/23/2018
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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 /> 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 /> <br />Dated: _______________________ CITY OF BELMONT, a general law city <br /> <br /> By: __________________________ <br /> Mayor <br /> <br />ATTEST: <br /> By: __________________ <br /> City Clerk <br />(Seal) <br /> <br /> <br /> <br />Dated: ______________________ CITY OF REDWOOD CITY, a <br /> chartered city, <br />
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