HomeMy WebLinkAbout1646 - ORDINANCES - 1/14/2004ORDINANCE NO. 1646
AN ORDINANCE OF THE CITY COUNCIL OF THE CITY
OF PALM SPRINGS, CALIFORNIA, APPROVING AND
AUTHORIZING THE EXECUTION OF SUPPLEMENTAL
LEASE AGREEMENT NO. 4 RELATING TO THE CITY OF
PALM SPRINGS FINANCING AUTHORITY LEASE
REVENUE BONDS, 2004 SERIES A (CONVENTION
CENTER EXPANSION PROJECT)
THE CITY COUNCIL OF THE CITY OF PALM SPRINGS ORDAINS AS FOLLOWS:
SECTION 1. The form of the Supplemental Lease Agreement No. 4 Relating
to Convention Center Facilities, dated as of April 1, 2004, by and between the City of
Palm Springs Financing Authority, as Lessor, and the City of Palm Springs (the "City'), as
Lessee (the "Lease Agreement'), a copy of which is on file with the City Clerk, be and is
hereby approved and the Mayor or City Manager or Finance Director and other
appropriate officials of City are hereby authorized and directed to execute, acknowledge
and deliver, in the name and on behalf of the City, the Lease Agreement, with such
changes therein not inconsistent with this ordinance and not substantially adverse to the
City as may be permitted under the laws of the State of California ("State") and approved
by the Mayor or City Manager or Finance Director or any other officers executing the
same on behalf of the City. The approval of such changes by said Mayor or City Manager
or Finance Director or other officers shall be conclusively evidenced by their execution of
such Lease Agreement.
SECTION 2. This Ordinance is subject to the referendum provisions
contained in the Charter of the City and State law otherwise applicable to the City.
SECTION 3. The City Clerk is hereby authorized and directed to certify to the
passage of this Ordinance, and to cause the same or a summary thereof to be published
at least once in a newspaper of general circulation in the City, within fifteen days after its
adoption.
ADOPTED THIS 14th day of April, 2004.
AYES: Members Foat, McCulloch, Mills, Pougnet and Mayor Oden
NOES: None
ABSENT: None
rA-T-T E S T -
City Clerk
CITY OF PALM SPRINGS, CALIFORNIA
Mayor
I HEREBY CERTIFY THAT THE FOREGOING Ordinance 1646 was duly adopted by the
City Council of the City of Palm Springs, California, in a meeting held on the 10 day of
April, 2004, and same was published in the PUBLIC RECORD, a newspaper of general
circulation on April 20, 2004.
-2-- / .j �/ PATRICIA A. SANDERS
City Clerk
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