HomeMy WebLinkAboutRDA RES 432RESOLUTION NO. 432
A RESOLUTION OF THE PALM DESERT REDEVELOPMENT AGENCY APPROVING
A JOINT EXERCISE OF POWERS AGREEMENT BETWEEN THE PALM DESERT
REDEVELOPMENT AGENCY AND THE COUNTY OF RIVERSIDE
RECITALS:
A. The Joint Exercise of Powers Act, California Government Code Section
6500, et seg. (the "Act"), provides that public agencies by agreement may jointly exercise
any power common to the contracting parties.
B. The Palm Desert Redevelopment Agency (the "Agency") and the County
of Riverside (the "County") are "public agencies" within the meaning of that term under
Section 6502 of the Act.
C. Among the common powers of the Agency and the County are the power
to borrow money by the issuance of bonds, notes or other obligations; the power to sell
bonds, notes or other obligations; the power to purchase bonds, notes or other obligations;
the power to acquire and dispose of real and personal property; the power to pay for the
cost of publicly owned improvements; and the power to accept financial assistance from
various public sources.
D. The Agency desires to enter into the Agreement (as defined herein) in
furtherance of the Act.
NOW THEREFORE, THE PALM DESERT REDEVELOPMENT AGENCY
HEREBY FINDS, DETERMINES, RESOLVES AND ORDERS AS FOLLOWS:
Section 1. The form of Joint Exercise of Powers Agreement (the
"Agreement"), dated as of January 1, 2002, by and between the Agency and the County,
is hereby approved, and the Chairman of the Agency is hereby authorized and directed,
for and on behalf of the Agency, to execute and deliver the Agreement in substantially the
form on file with the Secretary of the Agency and presented to this meeting, with such
changes therein as the Chairman of the Agency may approve, such approval to be
conclusively evidenced by his execution and delivery thereof.
Section 2. The Secretary of the Agency shall cause a copy of the
Agreement to be filed with the Califomia Secretary of State pursuant to Section 6503.5 of
the Act, and shall cause to be filed with the Califomia Secretary of State and with the
County Clerk of the Coun� of Riverside the information required by Section 53051 of the
Government Code of the tate of California.
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RESOLUTION NO. 432
Section 3. This Resolution shall take effect upon its adoption.
PASSED, APPROVED AND ADOPTED, this 24th day of January, 2002.
AYES: BENSON, CRITES, FERGUSON, SPIEGEL, KELLY
NOES: NONE
ABSENT: NONE
ABSTAIN: NorrE
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ATTEST:
ac e e . assen, ssi an ecreta
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