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HomeMy WebLinkAboutOrdinance #3352 ORDINANCE NO. 3352 ORDINANCE OF THE CITY OF HUNTINGTON BEACH APPROVING THE PUBLIC LEASEBACK OF CERTAIN PUBLIC LIBRARY FACILITIES WITH THE HUNTINGTON BEACH PUBLIC FINANCING AUTHORITY THE CITY COUNCIL OF THE CITY OF HUNTINGTON BEACH DOES ORDAIN AS FOLLOWS: SECTION 1. Findings and Determinations. The City Council of the City of Huntington Beach, California(the "City")hereby finds and determines that it is necessary and desirable and in the best interests of the City to enter into a public leaseback arrangement(the "Leaseback") with the Huntington Beach Public Financing Authority (the"Authority"), of the central public library and cultural center facilities located at 7111 Talbert Avenue, Huntington Beach, California, and the real property and improvements thereof(the "Facilities") for the purpose of financing the costs of an 800 MHz public safety telecommunications system and certain improvements on certain City-owned pier and recreational facilities (the"Project"). SECTION 2. Approval of Leaseback. Pursuant to Section 54241 of the California Government code, the City hereby approves the entering into a(a)base lease agreement (the "Base Lease") with the Authority as lessee of the Facilities and(b) lease agreement (the "Lease") with the Authority as lessor of the Facilities. SECTION 3. Referendum. This Ordinance is subject to the provisions for referendum applicable to the City. SECTION 4. Certification and Publication. The City Clerk shall certify to the adoption of this Ordinance and cause the same to be published in the manner required by Article V of the City Charter of the City and by law for ordinances of the City generally. SECTION 5. Effectiveness. This Ordinance shall become effective thirty (30) days after adoption. 1 SF/s:PCD:Ordinance:Leasebac 3/5/97-#1 i PASSED AND ADOPTED by the City Council of the City of Huntington Beach at a regular meeting thereof held on the 7th day of April, 1997. Mayor AT,PST: APPROVED AS TO FORM: City Clerk City Attorney REVIEWED AND APPROVED: INITI P D: C � City A666istrator -- Deputy ity Adi i s or/ Administrative S rvic 2 SF/s:PCD:Ordinance:Leasebac Ord. No. 3352 3/5/97-#1 Ord. No. 3352 STATE OF CALIFORNIA ) COUNTY OF ORANGE } ss: CITY OF HUNTINGTON BEACH ) 1, CONNIE BROCKWAY, the duly elected, qualified City Clerk of the City of Huntington Beach, and ex-officio Clerk of the City Council of said City, do hereby certify that the whole number of members of the City Council of the City of Huntington Beach is seven; that the foregoing ordinance was read to said City Council at a regular meeting thereof held on the 17th of March, 1997, and was again read to said City Council at a regular meeting thereof held on the 7th of April_1997, and was passed and adopted by the affirmative vote of at least a majority of all the members of said City Council. AYES: Harman, Dettloff, Bauer, Sullivan, Green, Garofalo NOES: None ABSENT: Julien ABSTAIN: None I,Connie Brockway CITY CLERK of the City of Huntington Beach and ex-off icio Clerk of the City Council, do hereby certify that a synopsis of this ordinance has been published in the Independent on In accordance with the City Charter of said City City Clerk and ex-officio Clerk Connie Brockway Ci1y Clerk of the City Council of the City QMuty City Clerk of Huntington Beach, California G/ordinanc/ordbkpg 4/23/97