Loading...
HomeMy WebLinkAboutReso 93-227 - Approve the form & authorize execution & delivery of a facility sublease for the Shascom Fac & approve taking of necessary actions in connection RESOLUTION NO. q3-ZZ -7 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF REDDING APPROVING THE FORM AND AUTHORIZING THE EXECUTION AND DELIVERY OF A FACILITY SUBLEASE FOR THE SHASCOM FACILITY AND APPROVING THE TAKING OF i NECESSARY ACTIONS IN CONNECTION THEREWITH WHEREAS, the City has approved the issuance of not to exceed $4,000, 000 in aggregate principal amount of Redding Joint Powers Financing Authority Lease Revenue Bonds (Capital Improvement Projects) , Series 1993 (the "Bonds") in order to provide for the payment of the costs of acquisition and construction of certain public capital improvements, including the communication and dispatch facility for the Shasta Area Safety Communications Agency (the "Shascom Facility") ; and WHEREAS, there has been presented to this meeting a 'I proposed form of Facility Sublease, dated as of June 1, 1993 (the "Sublease") , by and among the City, the City of Anderson and the County of Shasta relating to the Shascom Facility; NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Redding as follows: Section 1. The proposed form of Facility Sublease on file with the City Clerk of the City and incorporated by reference as if fully set forth herein is hereby approved. The Mayor or City Manager is hereby authorized and directed, for and in the name and on behalf of the City to execute, acknowledge and deliver and the City Clerk of the City is hereby authorized and directed to acknowledge, attest, seal and deliver the Facility \k Sublease in substantially said form, with such changes therein as sF2-17208.1 �`J shall be approved by the officer executing such agreement, with such execution to constitute conclusive evidence of such officer's approval and the City's approval of any changes or revisions therein from the form of Facility Sublease on file with the City Clerk of the City. Section 2 . The officers and staff of the City are hereby authorized and directed, jointly and severally, to do any and all things and to execute and deliver any and all documents which they may deem necessary or advisable in order to carry out, give effect to and comply with the terms and intent of this resolution, including taking all actions required to be performed by the City in connection with the issuance of the Bonds. sF2-17208.1 2 0 • Section 3 . This Resolution shall take effect immediately upon its adoption. PASSED AND ADOPTED on June 15t01 h 1993 , by the following vote: AYES: Anderson, Dahl, Kehoe, Moss and Arness NOES: None k ABSENT: None CARL AENESS ' Mayor of the City Council of the City of Redding AT ST: City Clerk of the City of ddding ,I CONNIE STROWAYER APPROV17 AS O FORM: By: l ity Attorney RANDALL A. HAYS SF2-17208.1 3 i