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RESOLUTION NO. 2ooz/118
OF THE BOARD OF SUPERVISORS OF THECOUNTY OF CONTRA COSTA, CALIFORNIA
RESOLUTION DECLARING THE OMCIAL INTENT'
OF THE COUNT i(CIE CONTRA COSTA
TO REMURSE CERTAIN EXPENDITURES
FROM PROCEEDS OF INDEBTEDNESS
WHEREAS, the County of Centra Costa(the"Issuer")intends to acquire,
construct'and improve certain facilities for use by the Issuer'as described in E it A ereto'(the
"Projece);
''WHEREAS,the Issuer expects to pay certain expenditures(the"Reimbursement
Expenditures")in connection with the Project prior 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$65,000,000 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:
Se ion 1. The Beard 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
tion33. The Issuer hereby declares its official intent to use proceeds of
indebtedness to reimburse itself for Reimbursement Expenditures.
Section 4. This declaration shall take effect from and after its adoption.
D0055F1591995.1
40511-121 MAC"
PASSED AND ADOPTED on m, rch S 2002
Chair of the Board of Supervisors
County of Contra Costa, California
[Seal]
ATTEST: John R. Sweeten Clerk of the
Board of Supervisors and
County Administrator
By
Deputy Clerk of the.Board.of
Supervisors of the County of
Contra Costa, California
DOCSSz 1,91995:
40511-1211 Ac
EXH BIT A TO REIl BRS NENT RESt L� N
ritionof Project
Acquisition and:installation of photovoltaic equipment(Power Light solar electric panels)for,the
Martinez'Detention Facility and 50 Douglas Drive in Martinez, California.
Remodeling, landscaping and improvements to the County building located at 1305 MacDonald
Avenue in Richmond,'California.
Acquisition, construction and improvement of County office buildings at '1650 Cavallo in
Antioch, California and 3811 Bissell in Richmond,California.
DOCL." I5 541995.1
40511-121 MAC
ILDeputy Clerk of the Burd 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 meetingof the Board of Supervisors of the County duly,regulf HY anj legally held at the
regular meeting place of the County in Martinez, California, ont1 which
nrneetmg all of said directors of the County had due notice and at hi a mijority thereof were
present and acting throughout;
At said meeting said resolution was adapted by the following voter
AYES: SUPERVISORS UILKEMA, GERBER, DESAULNIER, GLOVER AND GIOIA
NOES: NONE
ABSENT: NONE
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 adapted 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 day of
Seal]
tf
i
Deputy Clerk of the Board of Supervisors
of the County of Contra Costa,California'
X31-123 MA