HomeMy WebLinkAboutRESOLUTIONS - 01011981 - 1981-1268 CCa-22d
BOARD OF SUPERVISORS
COUNTY OF CONTRA COSTA
RESOLUTION NO. 81/1268
APPROVING THE FORMATION AND DIRECTORS OF CONTRA COSTA COUNTY
PUBLIC FACILITIES CORPORATION AND AUTHORIZING PAYMENT OF
EXPENSES.
WHEREAS, Centra Costa County Public Facilities
Corporation, a California nonprofit corporation (herein
called the "Corporation" ) , is being incorporated by a group
of public-spirited residents of this County for the specific
and primary purpose of providing financial assistance to this
County by financing the acquisition, construction, improve-
ment and remodeling of public buildings and facilities,
WHEREAS, it will be necessary for the Corporation
to employ attorneys and consultants and to incur costs and
expenses in preparing the proceedings for the issuance of
bonds to finance said public facilities; and
WHEREAS, it is necessary and appropriate for the
purposes of this County for this County to agree to pay the
casts and expenses incurred by the Corporation in connection
RESOLUTION NO. 81/1268
with the financing of tbe public facilities if the
Corporation is for any reason unable to issue bonds to
finance said public facilities;
NOW, THEREFORE, BE IT RESOLVED by the Board of
Supervisors of the County of Contra Costa, as follows :
1. All of the recitals herein contained are true
and correct and this Board so finds.
2. The Corporation and its formation are hereby
approved and the directors of the Corporation, namely,
J. Michael Bowhay, Linton L. Emerson, Jr. , Gerald Feagley,
Doug Offenhartz and John E. Whalen, are hereby approved.
3. The County, having retained Bank of America
National Trust and Savings Association as financing consul-
tants and Orrick, Herrington & Sutcliffe, A Professional
Corporation, as special bond counsel in connection with the
preparation of proceedings for the financing of the public
facilities, hereby approves retention by the Corporation of
Bank of America National Trust and Savings Association and of
Orrick, Herrington & Sutcliffe, A Professional Corporation,
to serve as financing consultants and special bond counsel,
respectively, to the Corporation, in addition to providing
similar services to the County.
4 . This County hereby authorizes the payment by
this County of any expenses incurred by the Corporation in
connection with the preparation of proceedings for the
financing of the public facilities, in the event that the
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Corporation is unable for any reason to issue brands and to
pay such costs and expenses directly. Such coasts and
expenses shall include fees and expenses of said financing
consultants and bond counsel, filing fees and charges, the
cost of printing the legal documents and the bonds, and other
costs and expenses necessarily incurre& by the Corporation.
5. This Resolution shall take effect from. and
after its date of adoption.
PASSED ANIS ADOPTED this 1.0th day of November_,
1981, by the following vote:
AYES: Supervisors Panden, Schrader, Me Peak, Torlaksoan,
Powers
NOES: None
ABSENT: None
16,
[SEAL][SEAL]
Chairman of the Board of Supervisors
of the County of Contra Costa
Attest: J . R. OLSSON, Clerk
By Deputy
C rk of the Board Supervisors
of the County of Contra Costa
cc : Directors
County Administrator
Orrick, Herrington & Sutcliffe
Auditor-Controller
Treasurer.-Tax Collector
County Counsel
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CLERK' S CERTIFICATE
Deputy
I , Jeanne 0. Magl.io , {Clerk of the Board of
Supervisors of the County of Contra Costa, California, hereby
certify that 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 of Contra. Costa duly and
regularly held at the regular meeting place thereof on the
_ lotb day of November_, 1981, of which meeting all of the
members, of said Board of Supervisors had due notice and at
which a maiority thereof was present; and that at said
meeting said resolution was adopted by the following vote:
AYES: Supervisors Fanden, Schrader, McPeak, Torlakson,
Powers
NOES: None
ABSENT: None
I further certify that I have carefully compared
the same with the original minutes of said meeting on file
and of record in my office; that the foregoing resolution is
a full, true and correct copy of the original resolution
adopted at said meeting and entered in said minutes, and that
said resolution has not been amended, modified or rescinded
since the date of its adoption, and the same is now in full
force and effect.
WITNESS my hand and the seal of the County of
Contra Costa this 10th day of Nc2yeMber , 1981.
[SEAL] Deputy
Clerk of the Bokrd of Supervisors-
of
upervisorsof the County of Contra Costa