HomeMy WebLinkAboutTPA Res 2016-06-01RESOLUTION NO. 01-2016
[TIBURON PARKING AUTHORITY]
A RESOLUTION OF THE MEMBERS OF THE
TIBURON PARKING AUTHORITY AUTHORIZING THE
EXECUTION OF A JOINT EXERCISE OF POWERS AGREEMENT
ESTABLISHING THE TIBURON PUBLIC FINANCING AUTHORITY
WHEREAS, the Town of Tiburon (the "Town") and the Tiburon Parking Authority (the
"Parking Authority") desire to establish a joint exercise of powers agency under Articles 1, 2 and
4 of Chapter 5 of Division 7 of Title 1 of the Government Code of the State of California (the
"Act") to be known as the "Tiburon Public Financing Authority" (the "JPA");
WHEREAS, there has been presented to this meeting a form of a Joint Exercise of Powers
Agreement (the "JPA Agreement"), by and between the Parking Authority and the Town,
establishing the JPA; and
WHEREAS, under the Act and as provided in the JPA Agreement, the JPA will be a public
entity separate and apart from its members, and the debts, liabilities and obligations of the JPA
will not be the debts, liabilities or obligations of its members.
NOW, THEREFORE, BE IT RESOLVED by the Members of the Tiburon Parking Authority
as follows:
1. Approval of JPA Agreement. The JPA Agreement, in the form placed on file with the
Secretary, is hereby approved. The Chair, the Vice Chair and the Executive Director (each, a
"Designated Officer"), each acting alone, are hereby authorized and directed, for and on behalf
of the Parking Authority, to execute and deliver the JPA Agreement in said form, together with
such changes thereto that the Designated Officer executing the JPA Agreement, with the advice
of counsel, may approve, such approval to be conclusively evidenced by the execution and
delivery of the JPA Agreement by a Designated Officer.
2. Official Actions and Filings. The Designated Officers, as well as the Finance Officer
and the Secretary, are hereby authorized and directed, for and on behalf of the Parking Authority,
to take any and all other actions related to the establishment of the JPA and the JPA Agreement
consistent with the purposes of this Resolution.
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3. Effective. This Resolution shall be effective upon its adoption by the Members.
PASSED AND ADOPTED at a special meeting of the Members of the Tiburon Parking
Authority on June 1, 2016, by the following vote:
AYES: MEMBERS: Doyle, Fraser, Fredericks, O'Donnell
NOES: MEMBERS: None
ABSENT: MEMBERS: Tollini /1
ATTEST:
Diane Crane Iacopi, Secretary
JIM F' • S ' ,(VICE CHAIR
Tiburo P. king Authority
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