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HomeMy WebLinkAboutResolution 90-350 10/15/1990FZesolution No. 90-350 N.C.s. of the City of Petaluma, California RESOLUTION APPROVING FORMATION OF CITY OF PETALUMA PUBLIC FINANCING. CORPORATION AND APPOINTING INITIAL DIRECTORS The City Council of the City of Petaluma resolves: Articles of Incorporation for the City of Petaluma Public Financing Corporation (the "Corporation") have Secretary of State of the State of California. Corporation is to provide financial assistance acquiring, constructing and financing various equipment and leasing them to the City for the the public. been filed with the The purpose of the to the City by Facilities, land and use and benefit of The City Council hereby ratifies and approves the formation of the City of Petaluma Public Financing Corporation. Pursuant to by-laws to be adopted by the Corporation, the City Council hereby appoints as the initial directors of the Corporation the current members of the City Council. Under the power and authority conferred upon this Council by the Charter of said City. REFERENCE: I hereby certify the foregoing Resolution was introduced and adopted by the Approved. as to Council of the City of Petaluma at a (Regular) (lt~,~3~i~ld~~(~){meeting form .....__. 15th October 90 :" i , on the .......................... day of .............-......................_...............-......., 19... , by the ~` `._ following vote: ........_-.-~-.--. -- City A for ey AYES: Sobel, Davis, Woolsey Tencer, Vice Mayor Cavanagh, Mayor Hilligoss NOES: 0 i ~. ~. ABSENT: Bals ., ATTEST: .-- . - .. .. ... ...... ....... .......... . -.... ... . City Clerk Mayor ORS ~~. Gbuncil Fil((e]]--...--° .............°•°---...-.. CA 10-85 Res. No......J.O.-.3.5.0........ N.C.S.