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HomeMy WebLinkAbout23611 RESOLUTION NO. 23611 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PALM SPRINGS APPROVING AN AMENDMENT TO THE JOINT EXERCISE OF POWERS AGREEMENT ESTABLISHING THE CITY OF PALM SPRINGS FINANCING AUTHORITY FOR THE PURPOSE OF ADDING THE HOUSING AUTHORITY OF THE CITY OF PALM SPRINGS AS AN ADDITIONAL MEMBER OF THE AUTHORITY. WHEREAS, the City of Palm Springs (the "City') and the Community Redevelopment Agency of the City of Palm Springs (the "Former Agency') entered into a Joint Exercise of Powers Agreement dated as of February 1, 1991 (the "Joint Powers Agreement') forming the City of Palm Springs Financing Authority (the "Authority") as a separate public agency under the laws of the State of California; and WHEREAS, the Former Agency has been dissolved under the provisions of Assembly Bill X1 26, which became effective on June 29, 2011 (the "Dissolution Act'), and under the Dissolution Act all of the authority, rights, powers, duties and obligations of the Agency have been vested in the City Council of the City of Palm Springs, as successor agency to the Former Agency (the "Successor Agency'); and WHEREAS, in order to ensure the continuing existence of the Authority, the City and the Successor Agency have proposed to add the Housing Authority of the City of Palm Springs (the "Housing Authority") as an additional member of the Authority and to remove the Successor Agency as a member of the Authority; NOW, THEREFORE, BE IT RESOLVED, DETERMINED AND ORDERED by the City Council of the City of Palm Springs as follows: Section 1. Amendment of Joint Exercise of Powers Agreement. The City Council hereby approves the amendment of the Joint Powers Agreement pursuant to that certain Second Amendment to Joint Powers Agreement among the City, the Successor Agency and the 9 9 tY, 9 Y Housing Authority in the form on file with the City Clerk. The City Manager is hereby authorized and directed to execute, and the City Clerk is hereby authorized and directed to attest, the Second Amendment to Joint Powers Agreement in the name and on behalf of the City. Section 2. Effective Date. This resolution shall take effect immediately upon its passage and adoption. ADOPTED this 2"d day of July 2014. David H. Ready s anager ST: mes Thompson, City Clerk Resolution No. 23611 Page 2 CERTIFICATION STATE OF CALIFORNIA ) COUNTY OF RIVERSIDE ) ss. CITY OF PALM SPRINGS ) I, JAMES THOMPSON, City Clerk of the City of Palm Springs, hereby certify that Resolution No. 23611 is a full, true and correct copy, and was duly adopted at a regular meeting of the City Council of the City of Palm Springs on July 2, 2014 by the following vote: AYES: Councilmember Foat, Councilmember Mills, Councilmember Lewin, Mayor Pro Tem Hutcheson and Mayor Pougnet. NOES: None. ABSENT: None. ABSTAIN: None. s6 , mes Thompson, City Clerk City of Palm Springs, California e)"712S1ZOr`1-