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CC RESOLUTION 3587RESOLUTION NO. 3587 A RESOLUTION OF THE CITY COUNCIL OF EL SEGUNDO , CALIFORNIA, AUTHORIZING CERTAIN AMENDMENTS TO THE JOINT POWERS AGREEMENT CREATING THE INDEPENDENT CITIES LEASE FINANCE AUTHORITY AND CERTAIN MATTERS RELATING THERETO WHEREAS, the City of EL SEGUNDO is a municipality duly organized and existing under the Constitution and laws of the State of California; and WHEREAS, pursuant to California Government Code Section 6500 et sea., the City is authorized to enter into an agreement with one or more other public agencies to jointly exercise any power common to the contracting parties and to create an agency or entity which is separate from the parties to the agreement to administer the agreement; and WHEREAS, the City has heretofore entered into a Joint Powers Agreement creating the Independent Cities Lease Finance Authority (the "Agreement ") with those cities listed on the attached Exhibit "A" which created the Independent Cities Lease Finance Authority (the "Authority "); and WHEREAS, the cities of Claremont, San Fernando and South Gate indicated their desire to become a member of the Authority; and WHEREAS, there has been presented at this meeting a proposed amendment to the Agreement admitting the cities of Claremont, San Fernando and South Gate to the Authority; and WHEREAS, this City Council desires to approve the admission of the cities of Claremont, San Fernando and South Gate to the Authority and approve the amendment to the Agreement. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF EL SEGUNDO AS FOLLOWS: Section 1. Recitals. This City Council hereby finds and determines that the above recitals and each of them are true and correct. -1- Section 2. Amendment To Agreement. The admission of the cities of Claremont, San Fernando and South Gate to the Independent Cities Lease Finance Authority is hereby approved subject to said cities executing the Joint Powers Agreement creating the Independent Cities Lease Finance Authority and delivering such executed Agreement to the Secretary of the Authority. Section 3. Other Acts. The Mayor, City Manager and City Clerk and anv other officer or official of the City so designated by the Mayor are hereby authorized and directed jointly and severally to do any and all things and execute and deliver any and all documents which they may deem necessary or advisable in order to effect the admission of the cities of Claremont, San Fernando and South Gate to the Authority and otherwise to carry out, give effect to and comply with the terms and intent of this resolution and the Agreement. Such actions heretofore taken by such officers are hereby ratified, confirmed and approved. Section 4. Effective Date. This resolution shall take effect immediately upon its passage. PASSED, El Segundo it -2- this 4th April i CERTIFICATION I, Ronald L. Hart , City Clerk of the City of E1 Segundo , California, do hereby certify that the foregoing Resolution No. 3587 was regularly introduced and adopted by the City Council of the City of El Segundo California, at a regular meeting thereof held on the 4th day of April 1989, by the following vote of the City Council: AYES • ALL COUNCILMEN AND MAYOR NOES: NONE ABSENT: NONE NONE ABSTAINED: and that said resolution has not been amended, superseded or repealed, and is in full force and effect. IN WITNESS WHEREOF, I have hereunto set my hand and the official seal of the City this day of April , 1989 EXHIBIT A .1a INDEPENDENT CITIES LEASE FINANCE AUTHORITY 40 MEMBER CITIES Baldwin Park Compton E1 Segundo Hawthorne Huntington Park Indio Lynwood Manhattan Beach A -1 - KIMINDEPENDENT CITIES LEASE FINANCE AUTHORITY 14156 MAGNOLIA BOULEVARD, SUITE 103 SHERMAN OAKS, CALIFORNIA 91423 (818) 906 -0941 IJFFICERS March 16, 1989 President Jim Roberts Huntington Park Vice President Betty Ainsworth Honorable Alan West Hawthorne City of El Segundo Secretary 350 Main Street David N. Smith Ken Spiker ikerand nd El Segundo, California 90245 g � Associates, Inc. T. su er Dear Councilman West: Tim Brown Compton The cities of Claremont, San Fernando and South Gate have BOARD OF requested membership in the Independent Cities Lease DIRECTORS Finance Authority (ICLFA), have adopted the authorizing Bobbie Izell resolution prepared by the Authority, and have executed the Baldwin Park ICLFA Joint Powers Agreement. Walter R. Tucker Compton The Joint Powers Agreement for ICLFA provides that cities Alan West El Segundo which are members of the Independent Cities Association Thomas B. Hunt ( ICA ) may parties to the Agreement upon receiving din the approval of two - thirds of the City Councils of the uis Heine cities that constitute the membership of the - Authority. Lynwood Larry Dougherty As an existing member of ICLFA, please place the attached Manhattan Beach resolution On your City Council agenda for consideration PROGRAM and notify David Smith of the action taken thereon. If the ADMINISTRATOR resolution is approved, please send a certified copy to KEN KERAN ASSOCLATES, INC. . ASSOCI David for the Authorit 's files. The amendment to the Y David N. Smith Joint Powers Agreement (addition of the noted cities) will become effective upon receipt by the Authority of certified copies of the attached resolution from two - thirds of the existing member cities. If you have any questions, please contact David at the number on this letterhead. AVe ly yo urm oerts 1 President ds Attachment c: Jose Sanchez, Finance Director (w /attachment) 0 STATE OF CALIFORNIA ) COUNTY OF LOS ANGELES ) SS CITY OF EL SEGUNDO ) I, Ronald L. Hart City Clerk of the City of E1 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. 3587 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 adjourned regular meeting of the said Council held on the 4th day of April 1989 and that the same was so passed and adopted by the following vote: AYES: Councilmembers Clutter, Dannen, West, Anderson and Mayor Jacobson NOES: None ABSENT: None WITNESS MY HAND THE OFFICIAL SEAL OF SAID CITY this 9th day of May, 1989. E "3i: D' R -- "