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HomeMy WebLinkAbout95-03 - Full and Open Disclosure of all Facts Regarding Orange County Bankruptcy Proceedings8 RESOLUTION NO. 95-3 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF COSTA MESA, CALIFORNIA, DEMANDING THAT THE ORANGE COUNTY BOARD OF SUPERVISORS, ET AL, PROVIDE FULL AND OPEN DISCLOSURE OF ALL FACTS REGARDING THE ORANGE COUNTY BANKRUPTCY PROCEEDINGS. THE CITY COUNCIL OF THE CITY OF COSTA MESA DOES HEREBY RESOLVE AS FOLLOWS: WHEREAS, the present Orange County bankruptcy proceedings impact all citizens in Costa Mesa; and WHEREAS, these proceedings greatly impact Costa Mesa's capacity to serve its citizens; and WHEREAS, the mission of this Council is to provide the highest level of service to the community; and WHEREAS, the elected officials in Costa Mesa need and deserve all information relative to the County's bankruptcy, Investment Pool management, and related actions; and WHEREAS, the failure to provide this information hampers the ability of the Costa Mesa City Council to serve the community; NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Costa Mesa demands that (1) the Orange County Board of Supervisors, their officers, agents, and the Bankruptcy Creditors Committee provide a full and open disclosure of all facts, negotiations and/or rulings relative to this bankruptcy and use of assets; and (2) conduct all future Board meetings on these matters, except those expressly limited to litigation, in open public session. PASSED AND ADOPTED this 3rd day of January, 1995. ATTEST: 7. Deputy City lerk of the City of Costa Mesa STATE OF CALIFORNIA ) COUNTY OF ORANGE ) ss CITY OF COSTA MESA ) , �- 6C 4 • M4# of the City of Costa Mesa OVED AS TO FORM CITY ATTORNEY I, MARY T. ELLIOTT, Deputy City Clerk and ex -officio Clerk of the City Council of the City of Costa Mesa, hereby certify that the above and foregoing Resolution No. 9'5'- 3 was duly and regularly passed and adopted by the said City Council at a regular meeting thereof held on the 3rd day of January, 1995. IN WITNESS WHEREOF, I have hereunto set my hand and affixed the Seal of the City of Costa Mesa this 4th day of January, 1995. 0 Deputy Ci Clerk and ex -officio Clerk of the City C' cil of the City of Costa Mesa