HomeMy WebLinkAboutRESOLUTIONS - 09102004 - 71-514 RESOLUTION NO. .54
RESOLUTION OF THE BOARD OF SUPERVISORS
OF THE COUNTY OF CONTRA: COSTA
APPROVING THE ISSUANCE OF
THE CONTRA COSTA EDUCATION CENTER AUTHORITY 1971
REVENUE BONDS
WHEREAS, the Contra Costa Education Center Authority
(herein "Authorityv) was formed under a Joint Exercise of
Powers Agreement between the County of Centra Costa and the
Contra. Costa Junior College District, dated for convenience
as of March 1, 1971; and
WHEREAS, Section 12 of said Joint Exercise of Powers
Agreement provides that the Authority shall have the power to
issue revenue bonds in accordance with the Joint Exercise of
Powers Agreement and Articles 1 and 2 of Chapter 5 of Division
7 of Title 1 of the Government Cade of the State of California;
and
WHEREAS, on July 14, 1971, the Authority adopted
Resolution No. 4 authorizing the issuance of $2,800,000 prin-
cipal amount of Contra Costa Education Center Authority 1971
Revenue Bonds, a copy of which resolution is on file with this
Board of Supervisors; and
WHEREAS, Section 5547 of the Government Code of the
State of California provides that the power of an entity
RESOLUTION NO. 71/514
w
Y
provided for by a joint powers agreement to issue revenue
bunds shall not be exercised until authorized by the parties
to the agreement;
NOW, THEREFORE, BE IT RESOLVED by the Board of
Supervisors of the County of Contra Costa that the Authority
is hereby authorized to exercise its power to issue revenue
bonds, pursuant to said Joint Exercise of Powers Agreement
and in accordance with Resolution No. 4 adopted by the
Authority on July 14, 1971.
PASSED AND ADOPTED this 10th day of August,
1971, by the following vote
a
AYES.- Supervisors A. M. Dias, J. E. Moriarty,
W. N. Boggess, E* A. Linsche d, J. P. Kenny.
NOES.- None.
ABSENT NOne
[SEAL] J/Z `
M�
to a man o t e Boa o ry sora
games Pe Kenny
Attest: W. T. Paasch, Clerk
Els`i e Pigott, De ut
Merri o the Board of Supervisors'
RRSOWT ION NO. 71/514
2.