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HomeMy WebLinkAboutReso 2023-025 - First Amend to the Joint Excerise of powers with Modesto Irrigation DistrictRESOLUTION NO. 2023-025 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF REDDING APPROVING AND ADOPTING THE FIRST AMENDMENT TO THE JOINT EXERCISE OF POWERS AGREEMENT BY AND BETWEEN THE CITY OF REDDING AND THE MODESTO IRRIGATION DISTRICT WHEREAS, pursuant to Article 1 of Chapter 5 of Division 7 of Title 1 of the Government Code, the City of Redding ("City") entered into a Joint Exercise of Powers Agreement ("Agreement") with the Modesto Irrigation District ("District") on July 1, 1989; and WHEREAS, the Agreement created a joint exercise of powers entity entitled the "Modesto Irrigation District Financing Authority;" and WHEREAS, pursuant to Section 3 of the Agreement, the Agreement term has expired - unless extended by written agreement between the City and the District; and WHEREAS, the City and the District have agreed to extend the term of the Agreement; and WHEREAS, the First Amendment to the Agreement is attached hereto and incorporated herein as Exhibit A to this Resolution. NOW THEREFORE, the City Council of the City of Redding hereby finds, determines, declares and resolves as follows: Section 1. All of the recitals set forth above are true and correct, and the City Council so finds and determines. Section 2. That the City Council hereby approves the First Amendment to the Agreement, attached as Exhibit "A." Section 3. The City Council hereby authorizes and directs the City Manager or his/her designee to take all such further actions, and to execute such additional documents, as are necessary to implement the intent of this Resolution and the terms of the First Amendment of the Agreement and the Joint Exercise of Powers Agreement. Section 4. This Resolution shall take effect from and after its adoption and approval. [Remainder of this page intentionally left blank] I hereby certify that the foregoing resolution was introduced and adopted by the City Council of the City of Redding at a regular meeting held on the 21st day of March, 2023, by the following vote of the members thereof: AYES: COUNCIL MEMBERS: Audette, Mezzano, Munns, Winter NOES: COUNCIL MEMBERS: None ABSENT: COUNCIL MEMBERS: None ABSTAIN: COUNCIL MEMBERS: Dacquisto MICHAEL DACQUISTO, Mayor ATTEST: FORM APPROVAL: ����Zi Af ZAO'. (--PA4MELA(}iMIZE, City Clerk BARRY E. DeWA ity Attorney FIRST AMENDMENT TO THE JOINT EXERCISE OF POWERS AGREEMENT BY AND BETWEEN MODESTO IRRIGATION DISTRICT AND THE CITY OF REDDING THIS FIRST AMENDMENT THE JOINT EXERCISE OF POWERS AGREEMENT BY AND BETWEEN MODESTO IRRIGATION DISTRICT AND THE CITY OF REDDING ("First Amendment") is entered into effective as of day of , 2023, by and between the MODESTO IRRIGATION DISTRICT, an irrigation district duly organized and existing in the State of California ("District"), and the CITY OF REDDING, a municipal corporation duly organized and existing in the State of California ("City"), each individually referred to as a "Party" and collectively as the "Parties." RECITALS A. On July 1, 1989, the Parties entered into a Joint Exercise of Powers Agreement ("Agreement"). Pursuant to Article 1 of Chapter 5 of Division 7 of Title 1 of the Government Code, the Parties created a joint exercise of powers entity entitled the "Modesto Irrigation District Financing Authority" ("Authority"). The Authority has the power to jointly exercise any powers common to the City and the District. B. Pursuant to Section 3 of the Agreement, the Agreement term has expired - unless extended by written agreement of the Parties. C. The Parties agree to extend the term of the Agreement. NOW THEREFORE, the Parties agree as follows: 1. The Recitals set forth above are true and correct and are hereby incorporated into this First Amendment. 2. The Agreement shall be extended through August 1, 2040. 3. Except as expressly provided herein, the remaining provisions of the Agreement shall remain in full force and effect. IN WITNESS WHEREOF, the Parties hereto have executed this Agreement as of the date first above written. MODESTO IRRIGATION DISTRICT CITY OF REDDING Name: Title: 1 006218.0007139 541965.1 Name: Title: