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HomeMy WebLinkAboutPCDC Resolution 84-9 12/03/1984 - PETALUMA COMMUNITY DEVELOPMENT COMMISSION CITY OF PETALUMA,.' STATE OF CALIFORNIA . RESOLUTION. NO. 84_0 Resolution Authorizing Validating Proceedings . ~ WHEREAS, the Petaluma Community Development Commission • ~ ("the Commission") by its Resolution No. 84_g has authorized the issuance of $1,075,000 princ-pal amount of its Petaluma Central Business District Redevelopment Project, Tax Allocation Bonds,. Series A (the "Bonds"); and WHEREAS; the 'Commission desires that certain validating proceedings be initiated to validate all actions taken in connection with the issuance of the Bonds; NOW, THEREFORE, BE IT RESOLVED BY THE PETALUMA COMMUNITY DEVELOPMENT COMMISSION, as follows: _ 1. Pettit & Martin, .Bond Counsel, is hereby appointed as special counsel to initiate a.nd consummate the validation proceedings provided for in this Resolution. 2. Pettit & Martin is hereby authorized as special counsel to initiate and consummate validation proceedings pursuant to California Code of Civil Procedure, Sections 860 et seq., in the Superior Court of the County of Sonoma to determine the validity of all actions taken in connection with the issuance of the Bonds. 3. For its services rendered as special counsel in connection with said validation proceedings, Pettit & Martin shall be paid by the Commission at its normal billing rates for the services rendered, and shall be reimbursed for its actual out-of-pocket expenses incurred in connection with such services, including and not limited to all travel., meals, lodging, reproduction, telephone, printing or other costs or fees related to such validation proceedings, provided. that the 84-9 _ ~ ~ ~ . scope of said services shall be under the general control and authority of the executive director of the Commission. I hereby certify that the foregoing Resolution was introduced and adopted by the Petaluma Community Development Commission at a (regular/s meeting on the 3rd day of December 1984 by the following vote: AYES: Battaglia, Tenser, Cavanagh, Bals~haw, Mayor Mattel .NOES: None ABSENT: Perry, Vice Mayor Bond Secretary " ' of th'e Pe aluma - Community =Development Commission Chairman. `/v ' -2- ;$4-g