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HomeMy WebLinkAboutCC RES 25-16Docusign Envelope ID: 61ABA651-711B-4682-8E58-6E98DBFCF851 RESOLUTION NO. 25-16 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF TUSTIN, CALIFORNIA, AUTHORIZING THE EXECUTION AND DELIVERY OF A JOINT EXERCISE OF POWERS AGREEMENT BY AND BETWEEN THE CITY OF TUSTIN AND THE TUSTIN HOUSING AUTHORITY WHEREAS, the City of Tustin (the "City"), is a municipal corporation and general law city of the State of California (the "State"); and WHEREAS, the Tustin Housing Authority (the "Housing Authority") is a housing authority established and existing pursuant to the Housing Authorities Law, California Health and Safety Code Section 34200 et. seq., and all successor statutes and implementing regulations thereto; and WHEREAS, the City, acting pursuant to Article I (commencing with Section 6500) of Chapter 5 of Division 7 of Title 1 of the Government Code of the State of California (the "JPA Act") may enter into a joint exercise of powers agreement with one or more other public agencies pursuant to which such contracting parties may jointly exercise any power common to them and, pursuant to Government Code Section 6588, exercise certain additional powers; and WHEREAS, the City and the Housing Authority desire to form, create and establish a joint powers authority, with the legal name "Tustin Financing Authority (the "Authority"), pursuant to the JPA Act; and WHEREAS, there has been presented at this meeting a proposed form of Joint Exercise of Powers Agreement, dated as of March 1, 2025 (the "Joint Powers Agreement") by and between the City and the Housing Authority, which Joint Powers Agreement creates and establishes the Authority; and WHEREAS, under State law and the Joint Powers Agreement, the Authority will be a public entity separate and apart from the parties to the Joint Powers Agreement, and the debts, liabilities and obligations of the Authority will not be the debts, liabilities or obligations of the City, the Housing Authority or any representative of the City or the Housing Authority serving on the governing body of the Authority. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF TUSTIN, THAT: Section 1. Findings. The City Council hereby finds and determines that all of the recitals herein and the statements, findings and determinations set forth in the preamble of the Joint Powers Agreement are true and correct. Resolution 25-16 Page 1 of 3 Docusign Envelope ID: 61ABA651-711B-4682-8E58-6E98DBFCF851 Section 2. Joint Powers Agreement. The proposed form of the Joint Powers Agreement, a copy of which has been provided to the City Council, is hereby approved. The Mayor, the City Manager and the Finance Director (collectively, the "Authorized City Representatives") are each hereby authorized and directed, severally, for and on behalf of the City, to execute and deliver the Joint Powers Agreement substantially in the form provided to the City Council, with such changes as may be recommended by the City Attorney or Stradling Yocca Carlson & Rauth, a Professional Corporation, as bond counsel, therein, deletions therefrom and additions thereto as such Authorized City Representative shall approve, such approval to be conclusively evidenced by the execution and delivery thereof. Section 3. Other Acts. Each of the Authorized City Representatives is hereby authorized and directed to execute and deliver any and all documents and instruments and to do and cause to be done any and all acts and things necessary or proper for carrying out the transactions contemplated by the Joint Powers Agreement and this Resolution. All prior actions of such officers or staff of the City with respect thereto are hereby ratified, confirmed, and approved. Section 4. Effective Date. This Resolution shall take effect from and after its adoption. APPROVED and ADOPTED by the City Council of the City of Tustin at a regular meeting on the 1st day of April 2025. Signed by: AU ?gDLq3JiYAB1ARD, Mayor ATTEST: Signed by: L6DS iCa aSa& E R DN'TASU DA, City Clerk APPROVED AS TO FORM: �DOCUSigned by: �.':d�k'd' DAVtUS37KENDIG, City Attorney Resolution 25-16 Page 2 of 3 Docusign Envelope ID: 61 ABA651-71 1 B-4682-8E58-6E98DBFCF851 STATE OF CALIFORNIA ) COUNTY OF ORANGE ) SS CITY OF TUSTIN ) I, Erica N. Yasuda, City Clerk and ex-officio Clerk of the City Council of the City of Tustin, California, do hereby certify that the whole number of the members of the City Council of the City of Tustin is five; that the above and foregoing Resolution No. 25-16 was duly passed and adopted at a regular meeting of the Tustin City Council, held on the 1st day of April, 2025, by the following vote: COUNCILMEMBER AYES: Lumbard, Nielsen, Gallagher, Schnell, Fink (5) COUNCILMEMBER NOES: (0) COUNCILMEMBER ABSTAINED: (0) COUNCILMEMBER ABSENT: (0) COUNCILMEMBER RECUSED: (0) Signed by: L6D FZ q0StJx ERICADNOTASUDA, City Clerk Resolution 25-16 Page 3 of 3