1999/01/12 Rohnert Park Financing Authority Resolution (2)
RESOLUTION NO. 99-01
RESOLUTION OF THE ROHNERT PARK FINANCING AUTHORITY
CONFIRMING THE APPOINTMENT OF THE CHAIR AND THE VICE-CHAIR OF
THE GOVERNING BOARD OF THE ROHNERT PARK FINANCING AUTHORITY;
ESTABLISHING THE TIME AND PLACE OF REGULAR MEETINGS OF THE
AUTHORITY; APPOINTING THE SECRETARY, TREASURER AND CONTROLLER,
RESPECTIVELY, OF THE AUTHORITY; ADOPTING THE BY-LAWS OF THE
AUTHORITY; ADOPTING A CONFLICT OF INTEREST CODE; AND RETAINING
COUNSEL FOR THE AUTHORITY
WHEREAS, the City of Rohnert Park (the "City") and the Community Development
Commission of the City of Rohnert Park (the "Commission") have heretofore executed a Joint
Exercise of Powers Agreement, dated as of January 1, 1999 (the "Agreement"), by and between
the City and the Commission, which Agreement creates and establishes the Rohnert Park
Financing Authority (the "Authority");
NOW, THEREFORE, BE IT RESOLVED by the Governing Board of the Rohnert Park
Financing Authority, as follows:
Section 1. Pursuant to Section 4 (D) of the Agreement and Sections 2.2 and 2.3 of the
By-Laws of the Authority, the Governing Board of the Authority has determined that the
following officers of the City shall serve as Chair and Vice-Chair, respectively, of the Authority:
Mayor
Vice-Mayor
Chair
Vice-Chair
The term of office of the Chair and the Vice-Chair shall be the same as the term of the Mayor
and Vice-Mayor, respectively.
Section 2. The regular meetings of the Authority shall be held at the same location the
City Council holds its regular meetings, or such other place as the Governing Board of the
Authority may designate from time to time, at 6:00 p.m. on January 12, 1999.
Section 3. Pursuant to Section 4(D) of the Agreement, the City Manager of the City is
hereby appointed Executive Director of the Authority.
Section 4. Pursuant to Section 4 (D) of the Agreement, the City Clerk of the City is
hereby appointed Secretary of the Authority.
SA\983520013
Section 5. Pursuant to Section 4 (D) of the Agreement, the Finance Director/City
Treasurer is hereby appointed as the Treasurer and the Controller of the Authority.
Section 6. The proposed form of By-Laws of the Authority on file with the Secretary are
adopted as the By-Laws of the Authority.
Section 7. Whenever an officer of the Commission or the City is designated an officer of
the Authority, the assistants and deputies of such officer from time to time shall also be, ex
officio, officers of the Authority; and whenever a power is granted to, or a duty imposed upon,
such officer, the power may be exercised, or the duty performed, by such assistant or deputy.
Section 8. Pursuant to Section 12 of the Agreement, the Conflict of Interest Code of the
City is hereby adopted as the Conflict of Interest Code of the Authority. The members of the
Governing Board of the Authority and the officers of the Authority shall be subject to the
provisions of the Conflict ofInterest Code of the City, adopted on Feb. 1995 , as the same has
been amended from time to time, by virtue of the office or position held by each such member or
officer as a member of the City Council of the City or as an officer of the City, and each such
member and officer shall be subject to the same reporting requirements applicable to each such
member and officer in connection with his or her position as a member of the City Councilor as
an officer of the City.
Section 9. The Board hereby determines that an audit shall be caused to be performed
every year by the Treasurer and Controller of the Authority as provided by Section 6505 of the
Government Code of the State of California. Such audit shall be filed with the Secretary of the
Authority.
Section 10. This resolution shall take effect from and after its adoption.
PASSED AND ADOPTED on January 12, 1999, by the following vote:
AYES: 5
NOES: 0
FLORES_MACKENZIE-AY.E..SPIRO.AYLVIDAK-MARTINEZ AYE RElLL yAY E
AYES: 5 NOES: 0 ABSENT: 0 ABSTAIN: 0 -
ABSENT: 0
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Public Finance Authority
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Secretary of the City of Rohnert Park
Public Finance Authority
Karen Pennrich (CERTIFIED)
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