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RES-2022-092 RESOLUTION NO. 2022- 0 9 2 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ANAHEIM AUTHORIZING THE EXECUTION AND DELIVERY BY THE CITY OF A FIRST AMENDMENT TO JOINT EXERCISE OF POWERS AGREEMENT WITH THE SUCCESSOR AGENCY TO THE ANAHEIM REDEVELOPMENT AGENCY 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 of the City of Anaheim, 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 City Clerk of the City, is hereby approved. Each of the Mayor of the City,or such other member of the City Council as the Mayor may designate,the City Manager of the City,the Finance Director of the City, the Deputy Finance Director of the City and such other officers of the City as the City Manager may designate (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 at a regular meeting of said City Council held on the 27th day of September, 2022, by the following vote: AYES: Mayor Pro Tem O ' Neil and Council Members Diaz, Ma ' ae, Moreno, Valencia and Faessel NOES: None ABSENT: None ABSTAIN: None [Mayoral vacancy] CITY OF ANAHEIM MAY PRO TEM OF THE Y O ANAHEIM • C RK OF THE CITY OF ANAHE 2 CLERK'S CERTIFICATE STATE OF CALIFORNIA ) COUNTY OF ORANGE ) ss. CITY OF ANAHEIM ) I, THERESA BASS, City Clerk of the City of Anaheim, do hereby certify that the foregoing is the original Resolution No. 2022-092 adopted at a regular meeting provided by law, of the Anaheim City Council held on the 27th day of September, 2022 by the following vote of the members thereof: AYES: Mayor Pro Tern O'Neil and Council Members Diaz, Ma'ae, Moreno, Valencia and Faessel NOES: None ABSTAIN: None ABSENT: None [Mayoral vacancy] IN WITNESS WHEREOF, I have hereunto set my hand this 28th day of September, 2022. CL RK OF THE CITY OF ANAHEIM (SEAL)