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Res16 15483
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Res16 15483
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Last modified
10/11/2019 7:54:43 AM
Creation date
10/11/2019 7:54:43 AM
Metadata
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Template:
CC Index
CC Index - Document Type
Resolution
Meeting Type
Joint
Agency Type
City Council and Successor Agency and Public Financing Authority
Date
4/25/2016
Description
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF REDWOOD CITY CONSENTING TO INCLUSION OF PROPERTIES WITHIN THE CITY'S JURISDICTION IN THE CALIFORNIA HOME FINANCE AUTHORITY COMMUNITY FACILITIES DISTRICT NO. 2014-1 (CLEAN ENERGY) TO FINANCE RENEWABLE ENERGY IMPROVEMENTS, ENERGY EFFICIENCY AND WATER CONSERVATION IMPROVEMENTS AND ELECTRIC VEHICLE CHARGING INFRASTRUCTURE AND APPROVING ASSOCIATE MEMBERSHIP IN THE JOINT EXERCISE OF POWERS AUTHORITY RELATED THERETO
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04/25/2016 <br /> WHEREAS, the Authority has established the District, as permitted by the Act, the <br /> Authority JPA, originally made and entered into July 1, 1993, as amended to date, and <br /> the City, desires to become an Associate Member of the JPA by execution of the JPA <br /> Agreement, a copy of which is attached as Exhibit "A" hereto, to participate in the <br /> programs of the JPA and, to assist property owners within the incorporated area of the <br /> City in financing the cost of installing Authorized Improvements; and <br /> WHEREAS, the City will not be responsible for the conduct of any special tax <br /> proceedings; the levy and collection of special taxes or any required remedial action in <br /> the case of delinquencies in the payment of any special taxes in connection with the <br /> District. <br /> NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY <br /> OF REDWOOD CITY AS FOLLOWS: <br /> Section 1. This City Council finds and declares that properties in the City's <br /> incorporated area will be benefited by the availability of the Authority CFD No. 2014-1 <br /> (Clean Energy) to finance the installation of the Authorized Improvements. <br /> Section 2. This City Council consents to inclusion in the Authority CFD No. 2014- <br /> 1 (Clean Energy) of all of the properties in the incorporated area within the City and to the <br /> Authorized Improvements, upon the request of and execution of the Unanimous Approval <br /> Agreement by the owners of such properties when such properties are annexed, in <br /> compliance with the laws, rules and regulations applicable to such program; and to the <br /> assumption of jurisdiction thereover by Authority for the purposes thereof. <br /> Section 3. The consent of this City Council constitutes assent to the assumption <br /> of jurisdiction by Authority for all purposes of the Authority CFD No. 2014-1 (Clean <br /> Energy) and authorizes Authority, upon satisfaction of the conditions imposed in this <br /> resolution, to take each and every step required for or suitable for financing the Authorized <br /> Improvements. <br /> Section 4. This City Council hereby approves joining the JPA as an Associate <br /> Member and authorizes the execution by appropriate City officials of any necessary <br /> documents to effectuate such membership. <br /> Section 5. City staff is authorized and directed to coordinate with Authority staff to <br /> facilitate operation of the Authority CFD No. 2014-1 (Clean Energy) within the City, and <br /> report back periodically to this City Council on the success of such program. <br /> Section 6. This Resolution shall take effect immediately upon its adoption. The <br /> City Clerk is directed to send a certified copy of this resolution to the Secretary of the <br /> Authority. <br /> * * * <br /> ATTY/RES0.0028/CC RESO ON YGRENE 26 555 COMMUNITY FACILITIES DISTRICT PACE PROGRAM RESO#15483 <br /> REV:04-13-16 RL MUFF#508 <br /> Page 2 of 2 <br />
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