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HomeMy WebLinkAboutMINUTES - 08132002 - C96 V, fie RESOLUTION NO, 2002/495 OF THE BOARD OF SUPERVISORS OF THE COUNTY OF CONTRA COSTA,CALIFORNIA RESOLUTION DECLARING THE.OFFICIAL INTENT OF THE COUNTY OF CONTRA COSTA TO REIMBURSE CERTAIN EXPENDITURES FROltrl[PROCEEDS OF INDEBTEDNESS WHEREAS,the County of Contra Costa(the"Issuer") intends to acquire, construct and improve certain facilities for use by the Issuer as described inExhibit A hereto(the "Project"), WHEREAS, the Issuer expects to pay certain expenditures(the"Reimbursement Expenditures")in connection with the Project prier to the issuance of indebtedness for the purpose of financing costs associated with the Project on a long-term basis; WHEREAS, the Issuer reasonably expects that debt obligations in an amount not expected to exceed$8 million will be issued, in one or more series, and that certain of the proceeds of such debt obligations will be used to reimburse the Reimbursement Expenditures; and WHEREAS, Section 1.150-2 of the Treasury Regulations requires the Issuer to declare its reasonable official intent to reimburse prior expenditures for the Project with proceeds of a subsequent borrowing; NOW, THEREFORE,BE IT RESOLVED BY the Board of Supervisors of the County of Contra Costa as follows. Section 1. The Board finds and determines that the foregoing recitals are true and correct. Section 2. This declaration is made solely for purposes of establishing compliance with the requirements of Section 1.150-2 of the Treasury Regulations. This declaration does not bind the Issuer to make any expenditure, incur any indebtedness, or proceed with the Project. Section 3. The Issuer hereby declares its official intent to use proceeds of indebtedness to reimburse itself for Reimbursement Expenditures. Section 4. This declaration shall tale effect from and after its adaption. PASSED ANIS ADOPTED on Ar gmt I3, 2002 'c r hair of the Board of Supervisors County of Contra Costa, California [Sea]] ATTEST: John R. Sweeten Clerk of the Board of Supervisors and County Administrator Deputy Clerk of the Beard of Supervisors of the County of Contra.Costa, California EXIT A TO R:ERV BURSEMENT RESOLUTION Descriotion of Pr iect Construction, remodeling, and improvements of leased County Health Clinics located at 3505 Lone Tree Way, Antioch, CA and 3052 Willow Pass Road, Concord, CA. Acquisition, construction, and site improvements related to the installation of a modular building and equipment racks on a leased site on Kregor Pear, Pittsburg, CA to house emergency communication equipment. Acquisition, construction and site improvements related to the installation of a modular building at Liberty Adult Education Center, 929 Second Street, ;Brentwood, CA for the Workforce Development Beard. Acquisition, construction, site improvements and landscaping related to the installation of a modular building at 2025 Sherman Drive,Pleasant Dill, CA for the Families First program. Acquisition, construction, furnishing and site improvements related to the construction of the Nest County Animal Shelter, at the corner of Sunnyview Drive and San Pablo Avenue, Pinole, CA. Acquisition, construction, furnishing and site improvements related to the construction of a replacement Discovery House facility at 4645 Pacheco Blvd, Martinez, CA 130CSSF 1'591 1. ".x ,^�MAC CLERK'S CERTIFICATE I, TA,,n• NpAl , Deputy Clerk of the Beard of Supervisors of the County of Contra Costa(the"County"), hereby certify as follows: The foregoing is a full, true and correct copy of a resolution duly adopted at a regular meeting of the Board of Supervisors of the County duly, regularly and legally held at the regular meeting place of the County in Martinez, California, on Aust 13, 2002 , of which meeting all of said directors of the County had due notice and at which a majority thereof were present and acting throughout-, At said meeting said resolution was adopted by the fallowing vote: AYES. aMWISORS ul'TKm, GERM, DeSATJI IM, GLOM AM G101A NOES: NOW ABSENT: N= I have carefully compared the foregoing with the original minutes of said meeting on file and of record in my office, and the foregoing is a full, true,and correct copy of the original resolution adopted at said meeting and entered in said minutes; and Said original resolution has not been amended, modified or rescinded since the date of its adoption, and the same is now in full force and effect. I further certify that an agenda of said meeting was posted at least 72 Hours before said meeting at a location in Martinez, California, freely accessible to the public and a brief general description of the resolution to be adopted at said meeting appeared on said agenda. WITNESS my hand and the seal of the County of Contra Costa this 13th day of AUOMt 2002 Deputy Clerk of the Board of Supervisors of the County of Contra Costa,California 4?�.i 'v 1 MBSc.