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HomeMy WebLinkAboutResolution - - JPFA-49 - 10/15/2020RESOLUTION NO. JPFA -49 A FRESNO JOINT POWERS FINANCING AUTHORITY RESOLUTION RATIFYING, APPROVING AND SUPPLEMENTING RESOLUTION NO. 48 AUTHORIZING THE RELEASE OF FACILITIES (ANIMAL CONTROL SHELTER), EXTENSION OF COLLATERALIZATION (MUNICIPAL SERVICE CENTER, MUNICIPAL AUDITORIUM, PARKING GARAGE #4, CITY HALL), AND AMENDMENT TO THE FACILITIES LEASE AND FACILITIES SUBLEASE RELATING TO THE FRESNO JOINT POWERS FINANCING AUTHORITY LEASE REVENUE BONDS (VARIOUS CAPITAL PROJECTS), SERIES 2020 AND APPROVING THE TAKING OF ALL NECESSARY OR DESIRABLE ACTIONS IN CONNECTION THEREWITH WHEREAS, the Authority adopted Resolution No 48 on September 24, 2020 (Prior Resolution) authorizing the issuance and sale of not to exceed $22,000,000 aggregate principal amount of the Fresno Joint Powers Financing Authority Lease Revenue Bonds (Master Lease Projects), Series 2020A (Bonds); WHEREAS, there are on file with the Secretary of the Authority revised proposed forms of the Fourth Amendment to Facilities Lease, the Fourth Amendment to Facilities Sublease, the Fourth Supplemental Trust Agreement, the Bond Purchase Contract and an Official Statement (Bond Documents) and copies thereof have been presented to the members of the governing board of the Authority; WHEREAS, capitalized terms used herein have the definitions ascribed thereto in the Prior Resolution; NOW THEREFORE, BE IT RESOLVED by the governing board of the Fresno Joint Powers Financing Authority, as follows: Date Adopted: 10/15/2020 Date Approved: 10/15/2020 Effective Date: 10/15/2020 1 of 3 Resolution No. JPFA-49