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HomeMy WebLinkAboutRESOLUTIONS - 09102004 - 71-416 ................................................................................................................................................................................. .................................................................................................... CC-22d RESOLUTION NO. 71/416 OF THE BOARD OF SUPERVISORS OF THE COUNTY OF CONTRA COSTA APPROVING THE FORMATION AND MEMBERS AND DIRECTORS OF CONTRA COSTA COUNTY JUVENILE FACILITIES CORPORATION AND APPROVING THE OFFERING FOR SALE OF BONDS OF SAID CORPORATION. WHEREAS, Contra Costa County Juvenile Facilities Corporation, a California nonprofit corporation (herein called the "Corporation" ) , has been incorporated by a group of public spirited citizens of the County of Contra Costa for the specific and primary purpose of providing financial assistance to the County of Contra Costa by financing the construction of an addition to the County Juvenile Hall, in Martinez, consisting of housing facilities , classrooms., detention facilities, kitchen and dining facilities, of- fices, outside play areas, parking and related facilities; WHEREAS, by its Articles of Incorporation and by its By-laws no part of the net earnings , funds or assets of said Corporation shall inure to the benefit of any mem- ber thereof or any other person, firm or corporation, ex- cept the County of Contra Costa; and WHEREAS, the Corporation proposes to offer for pub- lic sale its Contra Costa County Juvenile Facilities Corpo- ration Bonds; NOW, THEREFORE, BE IT RESOLVED by the Board of ...................I..,.........I............... ...................................................................__._ .................................... . .................................................................. ............................... Supervisors of the County of Contra Costa, as follows: I. The Corporation and its formation are hereby approved and the Members and directors of the Corporation, namely, Elito Babbini, Gerald F. McCormick, E. L. McFarland, Raymond S. Taylor and William R. Zion, are hereby approved. 2. The proposed offer for public sale of the Contra Costa County Juvenile Facilities Corporation Bonds, in an aggregate principal amount of not exceeding $2 ,875 ,000, by the Corporation, is hereby approved. Passed and adopted this 29th day of June, 1971. t C irman of th Bo of Supervisors of the County Contra Costa, State of ealifornia [Seal] Attest: T_ Paazrh County Clerk 2 . / :