ARA2000-02RESOLUTION NO. ARA 2000-2
A RESOLUTION OF THE GOVERNING BOARD OF THE
ANAHEIM REDEVELOPMENT AGENCY APPROVING
THE RELEASE AND SETTLEMENT AGREEMENT, AND
DESIGNATING THE PERSON AUTHORIZED TO
RECEIVE ANY DISTRIBUTION OF FUNDS MADE TO
THE AGENCY BY ANY COURT ORDER RELATING TO
THE ORANGE COUNTY BANKRUPTCY
Whereas, the Anaheim Redevelopment Agency is an Option A Pool Participant, as that
term is defined in the Second Amended Plan of Adjustment ("Plan") for the County of Orange
("County");
Whereas, the Representative, as that term is used in the Plan, has served a Notice of
Motion and Motion of the Representative for Order Approving (1) Distribution of Net Litigation
Proceeds; (2) Distribution in Respect of Assigned Excluded Claims; (3) The Representative's
Fee; (4) Certain Other Actions of the Representative; and (5) The Representative's Final Report
("Final Report Motion");
Whereas, the Pool Committee and the County have served a Notice of Motion and Joint
Motion for Order Approving Compromise Regarding Additional Funds and Reclassi~cation of
Claims ("Additional Funds Motion"), which motion describes the proposed division of certain
"Additional Funds";
Whereas, the Anaheim Redevelopment Agency is entitled to a distribution of Net
Litigation Proceeds, Additional Funds and other funds as described in the Final Report Motion
and the Additional Funds Motion; and
Whereas, the Anaheim Redevelopment Agency is referred to as "CITY OF ANAHEIM
RDA" in Exhibits 5 and 6 to the Final Report Motion.
NOW, THEREFORE,
BE IT RESOLVED: Charlene Jung, Treasurer of the Anaheim Redevelopment Agency,
is hereby designated to receive all distributions made pursuant to (i) the Final Report Motion or
any order of the l~ankruptey Court relating thereto; and/or (ii) the Additional Funds Motion or
any order of the Bankruptcy Court relating thereto.
RESOLVED FURTHER that all distributions to which the Anaheim Redevelopment
Agency is entitled under or pursuant to the Final Report Motion and/or the Additional Funds
Motion should be delivered to Charlene Jung.
RESOLVED FURTHER that the form of the Release and Settlement Agreement which is
attached to the Additional Funds Motion be and hereby is approved, and that the Chairman and
Secretary be and hereby are authorized and directed to execute and deliver the Release and
Settlement Agreement on behalf of the Anaheim Redevelopment Agency.
THE FOREGOING RESOLUTION IS APPROVED AND ADOPTED by the Governing
Board of the Anaheim Redevelopment Agency this 15th day of Feb ary, 2000.
AGENCY
ATTEST:
SECRETARY
ANAHEIM REDEVELOPMENT AGENCY
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STATE OF CALIFORNIA )
COUNTY OF ORANGE ) ss.
CITY OF ANAHEIM )
I, SHERYLL SCHROEDER, Secretary of the Anaheim Redevelopment Agency, do hereby certify
that the foregoing Resolution No. ARA2000-2 was passed and adopted at a regular meeting of the
Anaheim Redevelopment Agency held on the 1 lth day of January 2000, by the following vote of
the members thereof:
AYES:
CHAIRMAN/AGENCY: Feldhaus, Kring, Tait, McCracken, Daly
NOES: CHAIRMAN/AGENCY: None
ABSENT: CHAIRMAN/AGENCY: None
AND I FURTHER CERTIFY that the Chairman of the Anaheim Redevelopment Agency signed
said Resolution No. ARA2000-2 on the 15th day of February, 2000.
IN WITNESS WHEREOF, I have hereunto set my hand and seal this 15th day of February, 2000.
THE ANAHEIM
REDEVELOPMENT AGENCY
(SEAL)
CERTIFICATE OF ADOPTION OF AUTHORIZING RESOLUTION
The undersigned is the duly appointed Secretary of the Anaheim Redevelopment Agency
(the "Option A Pool Participant"). At a duly held meeting of the Governing Board of the
foregoing Option A Pool Participant held on February 15, 2000, the following resolutions were
duly adopted.
Whereas, the Anaheim Redevelopment Agency is an Option A Pool Participant, as that
term is defined in the Second Amended Plan of Adjustment ("Plan") for the County of Orange
("County");
Whereas, the Representative, as that term is used in the Plan, has served a Notice of
Motion and Motion of the Representative for Order Approving (1) Distribution of Net Litigation
Proceeds; (2) Distribution in Respect of Assigned Excluded Claims; (3) The Representative's
Fee; (4) Certain Other Actions of the Representative; and (5) The Representative's Final Report
("Final Report Motion");
Whereas, the Pool Committee and the County have served a Notice of Motion and Joint
Motion for Order Approving Compromise Regarding Additional Funds and Reclassification of
Claims ("Additional Funds Motion"), which motion describes the proposed division of certain
"Additional Funds";
Whereas, the Anaheirn Redevelopment Agency is entitled to a distribution of Net
Litigation Proceeds, Additional Funds and other funds as described in the Final Report Motion
and the Additional Funds Motion; and
Whereas, the Anaheim Redevelopment Agency is referred to as "CITY OF ANAHEIM
RDA" in Exhibits 5 and 6 to the Final Report Motion.
NOW, THEREFORE,
BE IT RESOLVED: Charlene Jung, Treasurer of the Anaheim Redevelopment Agency,
is hereby designated to receive all distributions made pursuant to (i) the Final Report Motion or
any order of the Bankruptcy Court relating thereto; and/or (ii) the Additional Funds Motion or
any order of the Bankruptcy Court relating thereto.
RESOLVED FURTHER that all distributions to which the Anaheim Redevelopment
Agency is entitled under or pursuant to the Final Report Motion and/or the Additional Funds
Motion should be delivered to Charlene Jung.
RESOLVED FURTHER that the form of the Release and Settlement Agreement which is
attached to the Additional Funds Motion be and hereby is approved, and that the Chairman and
Secretary be and hereby are authorized and directed to execute and deliver the Release and
Settlement Agreement on behalf of the Anaheim Redevelopment Agency.
Executed this
day of February, 2000.
By:
Secretary
Anaheim Redevelopment Agency
34423.1
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