HomeMy WebLinkAboutMINUTES - 03281989 - 1.8 (2) IN THE BOARD OF SUPERVISORS'
OF
CONTRA COSTA COUNTY, STATE OF CALIFORNIA
In the Matter of a Resolution Amending )
Resolution No. 89/169, Passed and )
Adopted on March 7, 1989, Relating To ) RESOLUTION NO. 89/191
Certain Lease Financing .Documents )
RESOLVED, by the Board of Supervisors (the "Board") of the County of Contra. Costa
that Section 1(a) of Resolution No. 89/169, titled "IN THE MATTER OF A RESOLUTION
APPROVING, AUTHORIZING AND DIRECTING EXECUTION OF CERTAIN LEASE FINANCING .
DOCUMENTS INCLUDING INTEREST RATE AND PAYMENT SCHEDULES, AUTHORIZING AND DIRECTING
EXECUTION OF A REMARKETING AGREEMENT, APPROVING A PRELIMINARY OFFICIAL STATEMENT
AND AUTHORIZING AND DIRECTING CERTAIN ACTIONS WITH RESPECT THERETO," passed and
adopted by the Board on March 7, 1989, is hereby amended to read as follows:
(a) a Project Lease Agreement, dated as of April 1, 1989, relating to the
Projects, between the JPA, as lessor, and the County, as lessee (the "Project
Lease Agreement"), so long as (i) the term of the Project Lease Agreement
does not exceed thirty (30) years, (ii) the Principal Amount of the Project
Lease Agreement does not exceed $13,000,000; and (iii) the Lease Payments
payable by the County thereunder in any twelve-month period do not exceed
$1,225,000; and
This Resolution shall take effect from and after its date of adoption.
PASSED AND ADOPTED on March 28, 1989, by unanimous vote of the Board members
present.
I hereby certify that the foregoing is a true and correct copy of a resolution
entered on the minutes of the Board of Supervisors on the date aforesaid.
Witness my hand and the Seal of
the Board of Supervisors affixed
this 28th day of May, 1985.
PHIL BATCHELOR, Clerk of the
Board of Supervisors and
County Administrator
By Deputy Clerk
RESOLUTION NO. 89/191
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