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public capital improvement or program. The Authority shall continue to exercise the powers <br /> herein conferred upon it until termination of this Agreement, except that if any Bonds are issued <br /> and delivered, in no eventshall the exercise of the powers herein granted he terminated until all <br /> Bonds so issued and delivered and the interest thereon shall have been paid or provision for such <br /> payment shall have been made and any other debt incurred with respect to any other financing <br /> program established or administered by the Authority has been repaid in full and is no longer <br /> outstanding. <br /> 6. Powers;Restriction upon Exercise <br /> a. To effectuate its purpose,the Authority shall have the power to exercise any and all <br /> powers of the Members or of a joint powers authority under the Act and other applicable • <br /> provisions of law, subject; however, to the conditions and restrictions herein contained. Each <br /> Member or Associate Member may also separately exercise any and all such powers. The powers <br /> of the Authority are limited to those of a general law county. <br /> b. The Authority may adopt,from lime to time, such resolutions,guidelines,rules and <br /> regulations for the conduct of its meetings and the activities of the Authority as it deems necessary <br /> or desirable to accomplish its purpose. <br /> c. The Authority shall have the power to finance the construction, acquisition, <br /> improvement and rehabilitation of real property, including the power to purchase, with the • <br /> amounts received or to be received by it pursuant to a bond purchase agreement, bonds issued by <br /> any of its Members or Associate Members and other local agencies at public or negotiated sale,for <br /> the purpose set forth herein and in accordance with the Act. All or any part of such bonds so <br /> purchased may be held by the Authority or resold to public or private purchasers at public or <br /> negotiated sale. The Authority shall set any other terms and conditions of any purchase or sale <br /> contemplated herein as it deems necessary or convenient and in furtherance of the Act. The <br /> Authority may issue or cause to be issued Bonds or other indebtedness, and pledge any of its - <br /> property or revenues as security to the extent permitted.by resolution of the Board under any <br /> applicable provision of law. The Authority may issue Bonds in accordance with the Act in order <br /> to raise funds necessary to effectuate its purpose hereunder and may enter into agreements to <br /> secure such Bonds. The Authority may issue other fonns of indebtedness authorized by the Act, <br /> and to secure such debt,to further such purpose. The Authority may utilize other forms of capital, - <br /> including, but not limited to, the Authority's internal resources,capital markets and other forms of <br /> private capital investment authorized by the Act. <br /> d. The Authority is hereby authorized to do all acts necessary for the exercise of its <br /> powers,including,but not limited to: <br /> (1) executing contracts, <br /> (2) employing agents,consultants and employees, <br /> (3) acquiring, constructing or providing for maintenance and operation of any <br /> building,work or improvement,. • <br /> (4) acquiring, holding or disposing of real or personal property wherever <br />of any assessments or the issuance, sale or administration of <br /> any bonds issued in connection with the Authority PACE Program. <br /> NOW, THEREFORE BE IT RESOLVED THAT THE CITY COUNCIL OF THE CITY OF <br /> PLEASANTON DOES RESOLVE, DECLARE, DETERMINE AND ORDER THE FOLLOWING: <br />nd collection of special taxes or any required remedial action in the case of <br /> delinquencies in the payment of any special taxes in connection with the District. <br />