HomeMy WebLinkAbout09-01 TPFA Resolution RESOLUTION NO. TPFA 09-01
' A RESOLUTION OF THE BOARD OF DIRECTORS OF THE
TEMECULA PUBLIC FINANCING AUTHORITY APPROVING
APPROVING THAT CERTAIN AGREEMENT ENTITLED
"AMENDED AND RESTATED ACQUISITION AGREEMENT BY
AND BETWEEN THE TEMECULA PUBLIC FINANCING
AUTHORITY AND ASHBY USA, LLC" DATED AS OF MAY 12,
2009 RELATING TO COMMUNITY FACILITIES DISTRICT NO.
03-02 (RORIPAUGH RANCH)
THE BOARD OF DIRECTORS OF THE TEMECULA PUBLIC FINANCING
AUTHORITY DOES HEREBY RESOLVE AS FOLLOWS:
Section 1. The Board of Directors of the Temecula Public Financing Authority
hereby approves that certain agreement entitled "Amended and Restated Acquisition
Agreement by and Between the Temecula Public Financing Authority and Ashby USA"
dated as of May 12, 2009 with such changes in said documents as may be mutually
agreed upon by the parties, the Executive Director, Bond Counsel, and City Attorney as
are in substantial conformance with the form of such agreements as presented to the
Authority. The Chairman is hereby authorized to execute said Agreements on behalf of
the Authority.
' Section 2. The Executive Director (or his designee), is hereby authorized, on
behalf of the Authority, to take all actions necessary and appropriate to carry out and
implement the Agreements and to administer the Authority's obligations, responsibilities
and duties to be performed under the Agreements.
Section 3. The Authority Secretary shall certify the adoption of this Resolution.
PASSED, APPROVED, AND ADOPTED by the Board of Directors of the Temecula
Public Financing Authority this 12th day of May, 2009.
Maryann Edwards, Chairperson
ATTEST:
r�
Susan W. Jo es, MMC
City C erk/Bo Secret
[SEAL]
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STATE OF CALIFORNIA )
COUNTY OF RIVERSIDE ) ss
CITY OF TEMECULA )
I, Susan W. Jones, MMC, City Clerk/Board Secretary of the Temecula Public
Financing Authority, do hereby certify that the foregoing Resolution No. TPFA 09-01 was
duly and regularly adopted by the Board of Directors of the Temecula Public Financing
Authority at a meeting thereof held on the 12th day of May, 2009, by the following vote:
AYES: 5 BOARD MEMBERS: Comerchero, Naggar, Roberts,
Washington, Edwards
NOES: 0 BOARD MEMBERS: None
ABSENT: 0 BOARD MEMBERS: None
ABSTAIN: 0 BOARD MEMBERS: None
Susan W. Jones, MMC
City Clerk/ oard Secretary
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