HomeMy WebLinkAboutItem E� sedi eF
AGENDA STAFF REPORT ;
`�C4(IFORNfP •
DATE: March 12, 2018
TO: Honorable Mayor and City Council
THRU: Jill R. Ingram, City Manager
FROM: Robin L. Roberts, City Clerk
SUBJECT: Resolution Approving the Dissolution of the Countywide
Public Financing Authority
SUMMARY OF REQUEST:
That the City Council approve a Resolution approving the dissolution of the
Countywide Public Financing Authority (Authority).
BACKGROUND AND ANALYSIS:
The Countywide Public Finance Authority was created by member cities pursuant
to a joint power agreement dated January 30, 1996, for the purpose of financing
800 MHz Radio Communications System Services to City and County law
enforcement, fire services, public works and lifeguard/marine safety departments
in Orange County. As the applicable Bond was fully paid, on July 24, 2017,
pursuant to Article IV, Section 3 of the Authority bylaws, the Authority Treasurer
established a time frame for member cities to provide their objection to the
dissolution of the Authority. No objections were made and member cities have
been requested to complete the dissolution process by approving the proposed
resolution.
ENVIRONMENTAL IMPACT:
There is no environmental impact related to this item.
LEGAL ANALYSIS:
The City Attorney has reviewed and approved as to form the proposed
resolution.
FINANCIAL IMPACT:
There is no financial impact for this item.
Agenda Item E
RECOMMENDATION:
That the City Council approve a Resolution approving the dissolution of the
Countywide Public Financing Authority (Authority).
SUBMITTED BY: NOTED AND APPROVED:
Jiaituc B. go&yb
Robin L. Roberts, City Clerk
Jill R. Ingram, City Manager
ATTACHMENTS:
A - Proposed Resolutions
B - Authority Correspondence dated July 24, 2017
Page 2
Attachment "A"
RESOLUTION
RESOLUTION OF THE CITY OF SEAL BEACH APPROVING
THE DISSOLUTION OF THE COUNTYWIDE PUBLIC FINANCING
AUTHORITY
THE SEAL BEACH CITY COUNCIL DOES HEREBY RESOLVE, FIND AND
DETERMINE AS FOLLOWS:
WHEREAS, pursuant to a joint powers agreement, dated June 19, 1996
(the "Agreement"), the City and the cities of Brea, Buena Park, Fullerton, Garden
Grove, Orange, Santa Ana, Stanton and Tustin (the "Members"), created the
Countywide Public Financing Authority (the "Authority") to provide a vehicle to
financing projects beneficial to the Members; and
WHEREAS, the Authority has no outstanding indebtedness and is not a
party to any outstanding material contracts and the Members desire to dissolve
the Authority;
NOW, THEREFORE, it is hereby ORDERED and DETERMINED, as follows:
Section 1. The City, as a Member, hereby elects to terminate the Agreement
and to dissolve the Authority which dissolution shall take effect upon the
concurrence of all Members.
Section 2. Quint & Thimmig LLP, Larkspur, California, is hereby authorized to
provide all necessary documentation to the State Controller to effectuate such
dissolution.
Section 3. All actions of the officers, agents and employees of the Council or
the City that are in conformity with the purposes and intent of this Resolution,
whether taken before or after the adoption hereof, are hereby ratified and
confirmed.
Section 4. This Resolution shall be in full force and effect immediately upon its
adoption.
Section 5. The City Clerk shall certify to the passage and adoption of this
resolution.
PASSED, APPROVED and ADOPTED by the Seal Beach City Council at a
regular meeting held on the 12' day of March, 2018 by the following vote:
AYES: Council Members
NOES: Council Members
Resolution
ABSENT: Council
ABSTAIN: Council
Mayor, Mike Varipapa
ATTEST:
Robin L. Roberts, City Clerk
STATE OF CALIFORNIA }
COUNTY OF ORANGE } SS
CITY OF SEAL BEACH }
I, Robin L. Roberts, City Clerk of the City of Seal Beach, do hereby certify that
the foregoing resolution is the original copy of the Resolution on file in the office
of the City Clerk, passed, approved, and adopted by the Seal Beach City Council
at a regular meeting held on the 12'^ day of March, 2015.
Robin L. Roberts, City Clerk
Attachment "B"
MAYOR
Miguel A.E
MAYOR PRO TEM
Michele Martinez
_-
COUNCILMEMBERS
P. Davd Beneidee
Vicente Sarmiento
......::....
Jon Sodrio
Sal Tinalero
Juan Ville9ae
CITY OF SANTA ANA
FINANCE AND MANAGEMENT SERVICES AGENCY
20 Cled Canter Plaza a P.O. Be. 1988
Santa Ana. Calitomis 92702
711647-8620
wonite nta-ana.om
July 24, 2017
Countywide Public Financing Authority
Board Member
Re: Dissolution of the Authority
INTERIM CRY MANAGER
Cyni J. Kmh
CITY ATTORNEY
Sonia R. Carvalho
CLERK OF THE COUNCIL
Maria D. Huinr
The Countywide Public Financing Authority was created by member cities pursuant to a joint powers
agreement dated January 30, 1996. The Bonds have been fully paid and the Authority has no
remaining assets, liabilities or other outstanding obligations.
In accordance with Authority bylaws Article IV, section 3, "The Authority may, with the approval of
all of the Members, be dissolved by majority vote of the Directors if, at the time of such dissolution
the Authority has no outstanding indebtedness and is not a party to any outstanding material
contracts".
We are proposing to dissolve the Authority. If there are any objections, please email your objection
to Authority Secretary, Maria Huizar at MHuizar(@santa-ana.orR by August 31, 2017. Otherwise we
will proceed with dissolution of the Countywide Public Financing Authority.
Sincerely,
Francisco Gutierrez
Authority Treasurer
Enclosure: Roster of Members
SANTA ANA CITY COUNCIL
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