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HomeMy WebLinkAbout10-31 - Authorizing Formation of OC Fairgrounds Authority with Costa Mesa Public Financing AuthorityRESOLUTION NO. 10-31 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF COSTA MESA, CALIFORNIA, AUTHORIZING FORMATION- OF THE ORANGE COUNTY FAIRGROUNDS AUTHORITY WITH THE COSTA MESA PUBLIC FINANCING AUTHORITY THE CITY COUNCIL OF THE CITY OF COSTA MESA HEREBY RESOLVES AS FOLLOWS: WHEREAS, the City of Costa Mesa (the "City") is undertaking proceedings for the potential purchase of the Orange County Fair and Event Center ("OCFEC") from the State of California; and WHEREAS, in connection with such purchase, the City and the Costa Mesa Public Financing Authority (the "Authority") propose to form a joint powers authority pursuant to Articles 1 through 4 of Chapter 5 of Division 7 of Title 1 of the Government Code of the State of California (section 6500 et seq.) in order that such authority may purchase the OCFEC and manage the real and personal property which are purchased from the State of California, Llincluding the rights to operate the Orange County Fair; and WHEREAS, the City is entitled to own property for recreational, fair, exposition or exhibition purposes, to operate such facilities, and to lease property owned by it to others for such purposes; and WHEREAS, the assistance provided by such a joint powers authority to the City and the Authority in connection with such proceedings will result in significant public benefits to the City and the Authority. NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Costa Mesa, California, does hereby authorize the officers and staff members of the City to assist in the organization of a joint powers authority between the City and the Authority, to be known as the Orange County Fairgrounds Authority. The City Council hereby approves and authorizes the Mayor to execute and the City Clerk to attest the Joint Powers Agreement forming the Orange County Fairgrounds Authority, in substantially the form on file with the City Clerk. BE IT FURTHER RESOLVED that the Mayor, the City Manager, Finance Director, City Clerk, and City Attorney of the City, and any other officers of the City, are hereby authorized and directed to take all actions and do all things necessary or desirable hereunder with respect to the formation of the Orange County Fairgrounds Authority, including, but not limited to, the execution and delivery of any agreements, certificates, instruments, and other documents, which they, or any of them, may deem necessary or desirable and not inconsistent with the purposes of this resolution. PASSED AND ADOPTED this 18th day of May, 2010. ATTEST: Julie Folci City Clerk Allan R. / ansoor, Mayor APPROVED AS TO FORM: 7, J -q i i Kimberly H II Barlow, City Attorney STATE OF CALIFORNIA ) COUNTY OF ORANGE ) ss CITY OF COSTA MESA ) - I, JULIE FOLCIK, City Clerk of the City of Costa Mesa, DO HEREBY CERTIFY that the above and foregoing is the original of Resolution No. 10-31 and was duly passed and adopted by the City Council of the City of Costa Mesa at a special meeting held on the 18th day of May, 2010, by the following roll call vote, to wit: AYES: COUNCIL MEMBERS: MANSOOR, LEECE, BEVER, FOLEY, MONAHAN NOES: COUNCIL MEMBERS: NONE ABSENT: COUNCIL MEMBERS: NONE IN WITNESS WHEREOF, I have hereby set my hand and affixed the seal of the r City of Costa Mesa this 19th day of May, 2010. I JULir= FOLCIK, dITY CLERK (SEAL)