CC Resolution 1988-125^ 7 RESOLUTION NO. 88-125
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
LA QUINTA AUTHORIZING THE EXECUTION AND
DELIVERY OF A JOINT EXERCISE OF POWERS
AGREEMENT BY AND BETWEEN THE CITY OF LA QUINTA
AND THE LA QUINTA REDEVELOPMENT AGENCY
WHEREAS, the City of La Quinta the City") and the
La Quinta Redevelopment Agency the Agency") desire to create
and establish, pursuant to the laws of the State of California,
the La Quinta Financing Authority the Authority"); and
WHEREAS, there has been presented to this meeting a
proposed form of Joint Exercise of Powers Agreement, dated as
of November 3, 1988 the Agreement"), by and between the City
and the Agency, which Agreement creates and establishes the
Authority;
NOW, THEREFORE, BE IT RESOLVED by the City Council of
the City of La Quinta as follows:
Section 1: The proposed form of Agreement, on file
with the City Clerk of the City and incorporated into this
Resolution by reference, is hereby approved. The Mayor is
hereby authorized to execute, and the City Clerk is hereby
authorized to attest, seal and deliver, the Agreement, in
substantially said form with such changes or additions thereto
that hereafter may become necessary in the interests of the
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^ 7City and which are reviewed and approved by the City Attorney,
any such changes or additions to be conclusively evidenced by
the execution and delivery of the Agreement.
Section 2. This resolution shall take effect from and
after its adoption.
PASSES AND ADOPTED on November 3, 1988, by the
following vote:
AYES: Council Members Bohnenberqer, Cox, Pena, Sniff, Mayor Hoyle
NOES: None
ABSENT: None
Mayor of the City of La Quinta
Seal)
of La Quinta
APPROVED AS TO FORM:
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^ 7 S CERTIFICATE
i, Saundra L. Juhola City Clerk of the City of
La Quinta, do hereby certify as follows:
The foregoing resolution is a full, true and correct
copy of a resolution duly adopted by a vote of a majority of
the members of the City Council of the City of La Quinta at an
adjourned regular meeting of said Council duly and regularly
and legally held at the City of La Quinta, California, on
November 3, 1988, of which meeting all of such members had due
notice, as follows:
AYES: Council Members Bohnenberqer, Cox, Pena, Sniff, Mayor Hoyle
NOES: None
ABSENT: None
An agenda of said meeting was posted at least 72 hours
before said meeting at 78-105 Calle Estado, La Quinta,
California, a location freely accessible to members of the
public, and a brief description of said resolution appeared on
said agenda.
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 adopted at said meeting and entered in
said minutes.
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^ 7 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.
Dated: November 3 1988.
lerk of the City La Quinta
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