SA-2022-002 RESOLUTION NO. SA-2022-002
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ANAHEIM,AS
THE SUCCESSOR AGENCY TO THE ANAHEIM REDEVELOPMENT
AGENCY, AUTHORIZING THE EXECUTION AND DELIVERY BY THE
SUCCESSOR AGENCY OF A FIRST AMENDMENT TO JOINT EXERCISE
OF POWERS AGREEMENT WITH THE CITY OF ANAHEIM RELATING
TO THE ANAHEIM PUBLIC FINANCING AUTHORITY
WHEREAS,the City of Anaheim(the"City")and the Anaheim Redevelopment Agency have
heretofore entered into a Joint Exercise of Powers Agreement dated January 28, 1992 (the "Joint
Powers Agreement"), which created and established the Anaheim Public Financing Authority (the
"Authority") for the purpose, among others, of issuing its bonds to be used to provide financial
assistance to the City to finance and refinance public capital improvements;
WHEREAS,the Joint Powers Agreement provides that the Authority shall be administered by
a Board of Directors consisting of five (5) directors, who shall be the members of the City Council of
the City;
WHEREAS, the City transitioned to a by-district election system for electing City Council
members, with six(6) members elected by-district and the Mayor of the City elected at-large;
WHEREAS, the City and the Successor Agency to the Anaheim Redevelopment Agency, as
successor to the Anaheim Redevelopment Agency(the"Successor Agency")desire to amend the Joint
Powers Agreement as set forth in a First Amendment to Joint Exercise of Powers Agreement (the
"First Amendment") to provide that the City Council as constituted will serve as the Board of
Directors of the Authority;
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL, SERVING AS
AND ON BEHALF OF THE SUCCESSOR AGENCY TO THE ANAHEIM
REDEVELOPMENT AGENCY,AS FOLLOWS:
Section 1. The foregoing recitals are true and correct, and the City Council so finds and
determines.
Section 2. The form of the First Amendment, on file with the Secretary of the Successor
Agency, is hereby approved. Each of the Chair of the Successor Agency, the Vice Chair of the
Successor Agency,and the City Manager of the City(the"Authorized Officers") is hereby authorized,
and any one of the Authorized Officers is hereby directed, for and in the name of the City, to execute
and deliver the First Amendment in the form submitted to this meeting, with such changes, insertions
and omissions as the Authorized Officer executing the same may require or approve, such requirement
or approval to be conclusively evidenced by the execution of the First Amendment by such Authorized
Officer.
Section 3. This Resolution shall take effect immediately upon its adoption,
THE FOREGOING RESOLUTION was approved and adopted by the City Council of the City
of Anaheim, serving as and on behalf of the Successor Agency to the Anaheim Redevelopment
Agency, at a regular meeting of said City Council held on the 27th day of September, 2022, by the
following vote:
AYES: Vice-Chairman O'Neil and Agency Members Diaz ,
Ma'ae, Moreno, Valencia and Faessel
NOES: None
ABSENT: None
ABSTAIN: None
[Chairperson vacancy]
CITY OF ANAHEIM
VICE CHAIR, OF AN AH ,AS
THE SUCCESSOR AGENCY TO THE
ANAHEIM REDEVELOPMENT AGENCY
te-
SECRE ARY
CITY • ANAHEIM,AS THE SUCCESSOR
AGENCY TO THE ANAHEIM
REDEVELOPMENT AGENCY
2
SECRETARY'S CERTIFICATE
STATE OF CALIFORNIA )
COUNTY OF ORANGE ) ss.
CITY OF ANAHEIM
I, THERESA BASS, Secretary of the Successor Agency to the Anaheim Redevelopment Agency, do
hereby certify that the foregoing is the original Resolution No. SA-2022-002 adopted at a regular
meeting provided by law, of the Successor Agency to the Anaheim Redevelopment Agency held on
the 27th day of September, 2022, by the following vote of the members thereof:
AYES: Vice-Chairman O'Neil and Agency Members Diaz, Ma'ae, Moreno, Valencia,
and Faessel
NOES: None
ABSTAIN: None
ABSENT: None
[Chairperson vacancy]
IN WITNESS WHEREOF, I have hereunto set my hand this 28th day of September, 2022.
EC ETARY OF THE SUCESSOR AGENCY TO THE
ANA EIM REDEVELOPMENT AGENCY
(SEAL)