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24
City of Pleasanton
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CITY CLERK
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AGENDA PACKETS
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2022
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041922
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4/13/2022 1:41:47 PM
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CITY CLERK
CITY CLERK - TYPE
AGENDA REPORT
DOCUMENT DATE
4/19/2022
EXPIRATION DATE
4/19/2022
DESTRUCT DATE
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Section 1. The foregoing recitals are true and correct. <br /> Section 2. The City hereby requests to become an Additional Member of the Authority <br /> pursuant to Section 12 of the Agreement. The Agreement is hereby approved and. the <br /> [Mayor/Chair/President] or the designee thereof is hereby authorized and directed to execute said <br /> document, and the City Clerk or such Clerk's designee is hereby authorized and directed to attest <br /> thereto. <br /> Section 3. The proposed form of Public Benefit Agreement on file with the City <br /> Council is hereby approved. In connection with any Workforce Housing Project or, if requested <br /> by the Authority, in connection with another type of property, the [City Manager/Director of <br /> Finance] or the designee thereof is hereby authorized and directed to execute an agreement in <br /> substantially said form, with such changes therein as such officer executing the same may require <br /> or approve, such approval to be conclusively evidenced by the execution and delivery thereof. <br /> Section 4. The City Council hereby approves the issuance of Bonds by the Authority <br /> to finance Projects within the City from time to time. <br /> Section 5. The issuance of Bonds shall be subject to the approval of the Authority of <br /> all financing documents relating thereto to which the Authority is a party. The City shall have no <br /> responsibility or liability whatsoever with respect to the Bonds. <br /> Section 6. The adoption of this Resolution shall not obligate the City or any <br /> department thereof to (i) provide any financing to acquire or construct any Project or any <br /> refinancing of any Project; (ii) approve any application or request for or take any other action in <br /> connection with any planning approval, permit or other action necessary for the acquisition, <br /> construction,rehabilitation or operation of any Project; (iii)make any contribution or advance any <br /> funds whatsoever to the Authority; or(iv) except as provided in this Resolution, take any further <br /> action with respect to the Authority or its membership therein. <br /> Section 7. The executing officers(s), the City Clerk and all other proper officers and <br /> officials of the City are hereby authorized and directed to execute such other agreements, <br /> documents and certificates, and to perform such other acts and deeds, as may be necessary or <br /> convenient to effect the purposes of this Resolution and the transactions herein authorized. • <br /> Section 8. The City Clerk shall forward a certified copy of this Resolution and an <br /> originally executed Agreement to the Authority: <br /> CSCDA Community Improvement Authority <br /> 1100 K Street, Suite 101 <br /> Sacramento,California 95814 <br /> Attention: Chair <br /> Section 9. This resolution shall take effect immediately upon its passage. <br /> ADOPTED by the City Council of the City of[ ] at a regular meeting of <br /> the City Council held on the day of , 20_, by the following vote: <br /> OHSUSA:757692504.2 2 <br />
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