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HomeMy WebLinkAboutCity Council - 99-97 RESOLUTION NO. 99-97 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF HUNTINGTON BEACH EXPRESSING OFFICIAL INTENT REGARDING CERTAIN CAPITAL EXPENDITURES TO BE REIMBURSED FROM PROCEEDS OF AN OBLIGATION WHEREAS, the City of Huntington Beach has developed plans for the construction of a sports complex (the "Project'), described in Exhibit A hereto; and All or a portion of the expenditures relating to the Project (the"Expenditures") (i)have been paid within the sixty days prior to the passage of this Resolution or(ii)will be paid on or after the passage of this Resolution; and The City reasonably expects to reimburse itself for the Expenditures with the proceeds of an obligation; NOW, THEREFORE, the City Council of the City of Huntington Beach does hereby resolve as follows: SECTION 1. The City reasonably expects to reimburse the Expenditures with proceeds of an obligation. SECTION Z. The maximum principal amount of the obligations expected to be issued for the Expenditures is $15,000,000. SECTION 3. All actions of the officers, agents and employees of the City that are in conformity with the purposes and intent of this Resolution,whether taken before or after the adoption hereof, are hereby ratified, confirmed and adopted. 1 SF-99 Resolutions:Sports Complex 11/03/99-#1 Res.99-97 PASSED AND ADOPTED by the City Council of the City of Huntington Beach at a regular meeting thereof on the 15th day of November , 1999. Mayor ATTEST: APPROVED AS TO FORM: City Clerk Ci��F7/-q6 1� REVIEWED AND APPROVED: INITIA A APPROVED: City Administrator Director of mmunity Services INITIATED AND APPROVED: Director of Administrative Services 2 SF-99 Resolutions:Sports Complex 11/01/99-#1 Res. 99-97 EXHIBIT A PROJECT DESCRIPTION The Project is the development,including mitigations relating thereto, of a sports complex to be constructed on an L-shaped parcel south of Talbert Avenue and east of Goldenwest Street in the City of Huntington Beach. The Project is expected to include,but is not limited to, an 800 space gravel parking lot, a batting cage, up to four roller hockey rinks, eight lighted softball fields, eight lighted soccer/football fields, two tot lots with accompanying shade structures and two restroom/concession buildings. Res. No. 99-97 STATE OF CALIFORNIA ) COUNTY OF ORANGE ) ss: CITY OF HUNTINGTON BEACH ) I, 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 resolution was passed and adopted by the affirmative vote of at least a majority of all the members of said City Council at a regular meeting thereof held on the 15th day of November, 1999 by the following vote: AYES: Julien, Bauer, Garofalo, Green, Dettloff, Harman, Sullivan NOES: None ABSENT: None ABSTAIN: None City Clerk and ex-officio Clerk of the City Council of the City of Huntington Beach, California