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CC RESOLUTION 3383F- -I LJ 0 14745 RESOLUTION NO. 3383 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF EL SEGUNDO, CALIFORNIA, APPROVING AN OPERATING AGREEMENT FOR MANAGEMENT OF THE EL SEGUNDO SENIOR CITIZEN'S HOUSING CORPORATION BETWEEN THE CITY OF EL SEGUNDO AND THE EL SEGUNDO SENIOR CITIZEN'S HOUSING CORPORATION BOARD OF DIRECTORS. WHEREAS, on April 23, 1986, the City Council of the City of E1 Segundo met in a joint study session with the E1 Segundo Senior Citizen's Housing Corporation Board of Directors to discuss an arrangement for the terms and conditions for the operation and management by the E1 Segundo Senior Citizen's Housing Corporation of a senior citizen's housing facility owned by the City of E1 Segundo and currently under construction at 615 East Holly Avenue in the City of E1 Segundo; and, WHEREAS, the City Council and the Senior Citizen's Housing Corporation Board of Directors have discussed and agreed upon the terms and conditions of the operation and management of the senior housing facility and now desire to enter into an agreement to enumerate those terms and conditions; and, WHEREAS, the City Attorney has prepared and presented an Operating Agreement to the City Council for their consideration; NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF EL SEGUNDO DOES RESOLVE AS FOLLOWS: SECTION 1. That certain Operating Agreement, by and between the City of El Segundo and the E1 Segundo Senior Citizen's Housing Corporation providing for the operation and management of the said senior citizen's housing facility is hereby adopted and approved. SECTION 2. The Mayor and the City Clerk are hereby author- ized and instructed to execute said Operating Agreement with the E1 Segundo Senior Citizen's Housing Corporation for and on behalf of the City of E1 Segundo. A:050686 -3.SHC (OP AGT) 1 RESO. #3383 14746 SECTION 3. The City Clerk shall certify to the passage and adoption of this resolution; shall enter the same in the book of original resolutions of said city; and shall make a minute of the passage and adoption thereof in the record of the proceedings of the City Council of said city, in the minutes of the meeting • at which the same is passed and adopted. PASSED, APPROVED and ADOPTED this 6th day of May, 1986. A� 0 0 (SEAL) A A:050686 -3.SHC (OP AGT) 2 the City of California RESO. #3383 0 9 ABSENT: • Councilmembers None WITNESS MY HAND AND THE OFFICIAL SEAL OF SAID CITY this 16th day of May , 19 86 . 0 (SEAL) City of E1 Segundo, California 14'747 STATE OF CALIFORNIA ) COUNTY OF LOS ANGELES ) SS CITY OF EL SEGUNDO I, Ronald L. Hart , City Clerk of the City of El Segundo, California, DO HEREBY CERTIFY that the whole number of members of the City Council of the said City is five; that the foregoing resolution, being Resolution No. 3383 was duly passed and adopted by the said City Council, approved and signed by the Mayor of said City, and attested by the City Clerk of said City, all at a regular meeting of the said Council held on the 6th day of May , 19 86 and that the same was so passed and adopted by the following vote: AYES: Councilmembers Anderson, Jacobson, Schuldt, West, & Mayor Siadek NOES: Councilmembers None 9 ABSENT: • Councilmembers None WITNESS MY HAND AND THE OFFICIAL SEAL OF SAID CITY this 16th day of May , 19 86 . 0 (SEAL) City of E1 Segundo, California 14'747