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HomeMy WebLinkAboutCity Council - 2016-03 RESOLUTION NO 2016-03 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF HUNTINGTON BEACH APPROVING ASSOCIATE MEMBERSHIP BY THE CITY IN THE CALIFORNIA ENTERPRISE DEVELOPMENT AUTHORITY, AUTHORIZING AND DIRECTING THE EXECUTION OF AN ASSOCIATE MEMBERSHIP AGREEMENT RELATING TO ASSOCIATE MEMBERSHIP OF THE CITY IN THE AUTHORITY, AUTHORIZING THE CITY TO JOIN THE FIGTREE PACE PROGRAM, AND AUTHORIZING RELATED ACTIONS WHEREAS, the City of Huntington Beach, California(the "City"), is a municipal corporation, duly organized and existing under the Constitution and the laws of the State of California, and The City may pursuant to Chapter 5 of Division 7 of Title 1 of the Goveinment Code of the State of California, commencing with Section 6500 (the "JPA Law") enter into a joint exercise of powers agreement with one or more other public agencies pursuant to which such contracting parties may jointly exercise any power common to them, and The City and other public agencies wish to jointly participate in economic development financing programs for the benefit of businesses and nonprofit entities within their jurisdictions offered by membership in the California Enterprise Development Authority (the "CEDA") pursuant to an associate membership agreement and Joint Exeicise of Powers Agreement Relating to the California Enterprise Development Authority (the "Agreement"), and The CEDA is a joint exercise of powers authority, comprised of cities and counties in the State of California which will include the City of Huntington Beach (the "City"), and Under the JPA Law and the Agreement, CEDA is a public entity separate and apart from the pasties to the Agreement and the debts, liabilities and obligations of CEDA will not be the debts, liabilities of obligations of the City of the other members of CEDA, and The foim of Associate Membership Agreement (the "Associate Membership Agreement") between the City and CEDA is attached, and The City is willing to become an Associate Mennbet of the Authority subject to the piovisions of the Associate Membership Agreement, and CEDA has adopted the Fighee Pioperty Assessed Clean Energy (PACE) and Job Cieation Piogiam (the "Program" or "Figtiee PACE"), to allow the financing of certain renewable energy, energy efficiency and water efficiency improvements (the "Improvements") through the levy of contractual assessments pursuant to Chapter 29 of Division 7 of the Streets & Highways Code ("Chapter 29"), and the issuance of impiovennent bonds of other evidences of indebtedness (the "Bonds") Linder the Improvement Bond Act of 1915 (Streets & Highways Code Sections 8500 et seq ) (the "1915 Act") upon the security of the unpaid contractual assessments, and 15-5020/129387 1 Resolution No . 2016-03 Chapter 29 piovides that assessments may be levied under its provisions only with the ftee and willing consent of the owner of each lot of parcel on which an assessment is levied at the time the assessment is levied, and The City desires to piovide the owners of property ("Participating Parcel") within its jurisdiction ("Participating Property Owners") the ability to voluntaiily participate in Figtree PACE, and CEDA has indicated they will conduct any necessaiy assessment proceedings under Chaptei 29, and The City autlioiizes CEDA to include pioperty owneis in its juiisdiction, which shall be the City's official boundaries of iecord at time of adoption of this Resolution, that wish to voluntaiily participate in the Program to finance the Impiovements in connection with Figtree PACE, and To piotect the City in connection with operation of the Figtiee PACE piogram, Figtree Eneigy Financing (the progiam administiator) has agreed to entei into an Indemnification Agreement to defend and indemnify the City releasing the City from legal liability related to this resolution; and NOW, THEREFORE, the City Council of the City of Huntington Beach does hereby tesolve as follows: Section 1. The City Council hereby finds and declaies that the actions authorized by this resolution will benefit the health, safety and welfare of the City The City Council further finds that the statements, findings and determinations of the City set forth in the preambles above aie true and correct Section 2 The Mayor of the City, the City Manager, the City Clerk and other officials of the City are each hereby authorized and directed, for and on behalf of the City, to execute and deliver the Associate Membership Agreement and Indemnification Agreement in substantially the form attached to this resolution, with such changes therein as such officer may require or approve, such approval to be conclusively evidenced by the execution and delivery thereof Section 3 The City Manager or designee is heieby authorized and directed to do any and all things and to execute and delivei any and all documents which they may deem necessary or advisable in order to consummate, carry out, give effect to and comply with the terms and intent of this resolution and the Indemnification and Associate Membership Agreement Section 4 City Council hereby finds and deteimines that the Program will provide significant public benefits, including without limitation, savings in water and electricity utility charges 15-5020/129387 2 Resolution No . 2016-03 Section 5 Assessment Proceedinus hi connection with Figtree PACE, the City hereby consents to the special assessment proceedings that were conducted by CEDA pursuant to Chapter 29 on any property within the Boundaries, provided that (1) Such proceedings wei e conducted pui suant to one or more Resolutions of Intention, (2) The Participating Propeity Owners, who shall be the legal owners of such property, voluntarily execute a contract pursuant to Chapter 29 and comply with other applicable provisions of Califoinia law in order to accomplish the valid levy of assessments, and (3) CEDA will enter into an agreement to indemnify and hold harmless the City for any liability resulting from this resolution including the conduct of any assessment proceedings, the levy of assessments, any required remedial action in the case of delinquencies in such assessment payments, or the issuance, sale or administration of the Bonds in connection with Figtree PACE Section 6 Indemnification The City Council acknowledges that Figtree has provided the City with an indemnification agreement, as shown in Exhibit B, for any type of liability as a result of the acts or omissions of Figtree, its officers, employees, subcontractors and agents or any liability related to this program The City Council hereby authorizes the City Manager or designee to execute and deliver the Indemnification Agreement to Figtree. Section 7 City Contact Designation The City Manager is hereby authorized and directed to make applications for Figtree PACE available to all property owners who wish to finance Improvements. The City Manager or designee is designated as the contact person for CEDA in connection with Figtree PACE Section 8 CE A The City Council hereby finds that adoption of this resolution is not a"project" under the California Environmental Quality Act ("CEQA"), because the resolution does not involve any commitment to a specific project which may result in a potentially significant physical impact on the environment, as contemplated by Title 14, California Code of Regulations, Section 15378(b)(4) Section 9. Effective Date This resolution shall take effect immediately upon its adoption The City Clerk is hereby authorized and directed to transmit a certified copy of this resolution to Figtree Energy Financing 15-5020/129387 3 Resolution No . 2016-03 Section 10 Costs Services related to the formation and administration of the assessment district will be provided by CEDA at no cost to the City PASSED AND ADOPTED by the City Council of the City of Huntington Beach at a regul ai meeting thereof held on the 19 t h day of January 2016 yo REVIE ND APPROVED APPROVED AS ORM sty Manager' City Attoiney tW 1_13-14. I IATED A D A OVED. Assistant`Gu anager 15-5020/129387 4 Exhibit A ASSOCIATE MEMBERSHIP AGREEMENT by and between the CALIFORNIA ENTERPRISE DEVELOPMENT AUTHORITY and the CITY OF HUNTINGTON BEACH, CALIFORNIA THIS ASSOCIATE MEMBERSHIP AGREEMENT (this "Associate Membership Agreement"), dated as of �AA)w4g� /9 , 2016 by and between CALIFORNIA ENTERPRISE DEVELOPMENT AUTHORITY (the "Authority") and the CITY OF HUNTINGTON BEACH, CALIFORNIA, a municipal corporation, duly organized and existing under the laws of the State of California(the"City"), WITNESSETH: WHEREAS, the Cities of Selma, Lancaster and Eureka (individually, a "Member" and collectively, the "Members"), have entered into a Joint Powers Agreement, dated as of June 1, 2006 (the"Agreement"), establishing the Authority and prescribing its purposes and powers, and The Agreement designates the Executive Committee of the Board of Directors and the President of the California Association for Local Economic Development as the initial Board of Directors of the Authority, and The Authority has been formed for the purpose, among others, to assist for profit and nonprofit corporations and other entities to obtain fmancing for projects and purposes serving the public interest, and The Agreement permits any other local agency in the State of California to join the Authority as an associate member(an"Associate Member"), and The City desires to become an Associate Member of the Authority, and The City Council of the City has adopted a resolution approving the Associate Membership Agreement and the execution and delivery thereof, and The Board of Directors of the Authority has determined that the City should become an Associate Member of the Authority, NOW, THEREFORE, in consideration of the above premises and of the mutual promises herein contained, the Authority and the City do hereby agree as follows. 15-5020/129219 1 Section 1. Associate Member Status. The City is hereby made an Associate Member of the Authority for all purposes of the Agreement and the Bylaws of the Authority, the provisions of which are hereby incorporated herem by reference From and after the date of execution and delivery of this Associate Membership Agreement by the City and the Authority, the City shall be and remain an Associate Member of the Authority Section 2 Restrictions and Rights of Associate Members The City shall not have the right, as an Associate Member of the Authority, to vote on any action taken by the Board of Directors or by the Voting Members of the Authority. In addition, no officer, employee or representative of the City shall have any right to become an officer or director of the Authority by virtue of the City being an Associate Member of the Authority Section 3. Effect of Prior Authority Actions The City hereby agrees to be subject to and bound by all actions previously taken by the Members and the Board of Directors of the Authority to the same extent as the Members of the Authority are subject to and bound by such actions. Section 4 No Obligations of Associate Members. The debts, liabilities and obligations of the Authority shall not be the debts, liabilities and obligations of the City Section 5 Execution of the Agreement Execution of this Associate Membership Agreement and the Agreement shall satisfy the requirements of the Agreement and Article XII of the Bylaws of the Authority for participation by the City in all programs and other undertakings of the Authority. 15-5020/129219 2 IN WITNESS WHEREOF, the parties hereto have caused this Associate Membership Agreement to be executed and attested by their proper officers thereunto duly authorized, on the day and year first set forth above. CALIFORNIA ENTERPRISE DEVELOP'/-�'NT H By: �x Gurbax Saho Chair Board of Directors AM 1 &fi S8wwar Asst Secret y CITY OF HVNTINGTON BEACH, CALIFORNIA By A- � W AdA Mayo Attest City CiA In d Approv B ( �1 ssistant City ,er Approved as to Fo By City Attorney ij f Reviewed and AD Droved: BY _ JlAg�-� i Yanager 15-5020/129219 3 Exhibit B INDEMNIFICATION AGREEMENT BY AND BETWEEN THE CITY OF HIJNTINGTON BEACH AND FIGTREE COMPANY, INC. This Indemnification Agreement(the "Agreement") is entered into by and between the City of Huntington Beach, a municipal corporation or political subdivision, duly organized and existing under the laws of the State of California(the"Public Entity") and Figtree Company, Inc., a California corporation, the administrator of the Figtree Property Assessed Clean Energy and Job Creation Program(the "Administrator"), which is a program of the California Enterprise Development Authority, a California joint exercise of powers authority (the-'Authority") RECITALS WHEREAS,the Authority is a joint exercise of powers authority whose members include the Public Entity in addition to other cities and counties in the State of California, and The Authority established the Figtree Property Assessed Clean Energy and Job Creation Program(the"Figtree PACE Program") to allow the financing of certain renewable energy, energy efficiency and water efficiency improvements that are permanently affixed to real property through the levy of assessments voluntarily agreed to by the participating property owners pursuant to Chapter 29 of Division 7 of the Streets and Highways Code("Chapter 29") and the issuance of improvement bonds, or other forms of indebtedness, under the Improvement Bond Act of 1915 upon the security of the unpaid assessments;and The Authority has conducted or will conduct proceedings required by Chapter 29 with respect to the territory within the boundaries of the Public Entity, and The legislative body of the Public Entity adopted or will adopt a resolution authorizing the Public Entity to join the Figtree PACE Program, and The Public Entity will not liable in any way for damages in law or equity related to the formation, operation and administration of the Figtree PACE Program as well as the sale and issuance of any bonds or other forms of indebtedness in connection therewith, including the conducting of assessment proceedings, the levy and collection of assessments and any remedial action in the case of such assessment payments, and the offer, sale and administration of any bonds issued by the Authority on behalf of the Figtree PACE Program or otherwise any claims regarding creation,implementation or involvement m the Figtree PACE Program, and Figtree Company, Inc. agrees to indemnify the Public Entity for any and all operations of the Figtree PACE Program as set forth herein 15-5020/129160 2 1 NOW,THERFORE, in consideration of the above promises and of the Public Entity's agreement to join the Figtree PACE Program,the parties agree as follows: 1 . Indemnification Figtree has provided the CEDA with an indemnification for negligence or malfeasance of any type as a result of the acts or omissions of Figtree, its officers, employees, subcontractors and agents, arising from or related to the Figtree PACE Program, the assessments, the assessment districts, the improvements or the financing and marketmg thereof. Figtree agrees to defend, indemnify and hold harmless the Public Entity, its officers, elected or appointed officials, employees, agents and volunteers from and against any and all actions, suits, proceedings, claims, demands, losses, costs and expenses, including legal costs and attorneys' fees, for injury or damage due to any type claims as a result of the acts or omissions of Figtree, except for such loss or damage which was caused by the sole negligence or willful misconduct of the Public Entity This indemnity shall apply to all claims and liability regardless of whether any insurance policies are applicable The policy limits do not act as limitation upon the amount of indemnification to be provided by Figtree a Workers' Compensation Insurance - Pursuant to California Labor Code Section 1861, Figtree acknowledges awareness of Section 3700 et seq of this Code, which requires every employer to be insured against liability for workers' compensation; Figtree covenants that it will comply with such provisions prior to commencmg performance of the work hereunder Figtree shall obtain and furnish to Public Entity workers' compensation and employer's liability insurance in an amount of not less than the State statutory limits Figtree shall require all subcontractors to provide such workers' compensation and employer's liability insurance for all of the subcontractors' employees Figtree shall furnish to Public Entity a certificate of waiver of subrogation under the terms of the workers' compensation and employer's liability insurance and Figtree shall similarly require all subcontractors to waive subrogation b. General Liability Insurance — In addition to the workers' compensation and employer's liability insurance and Figtree's covenant to defend, hold harmless and indemnify Public Entity, Figtree shall obtain and furnish to Public Entity, a policy of general public liability insurance, including motor vehicle coverage covering the Project/Service This policy shall indemnify Figtree, its officers, employees and agents while acting with the scope of their duties, agamst any and all claims ansmg out or in connection with the Project/Service, and shall provide coverage in not less than the following amount combined single limit bodily injury and property damage, including products/completed operations liability and blanket contractual liability, of One Million Dollars ($1,000,000) per occurrence If coverage is provided under a form which includes a designated general aggregate limit, the aggregate limit must be no less than One Million Dollars ($1,000,000) for this Project/Service This policy shall name Public Entity, its officers, elected or 4825-8409-6773 1 2 appointed officials, employees, agents, and volunteers as Additional Insureds, and shall specifically provide that any other insurance coverage which may be applicable to the Project/Service shall be deemed excess coverage and that Figtree's insurance shall be primary. Under no circumstances shall said above-mentioned insurance contain a self-insured retention. Any deductible in excess of$5,000 must be approved by Public Entity c . Automobile Liability Insurance—Figtree shall obtain and furnish to Public Entity an automotive liability insurance policy covering the work performed by it hereunder This policy shall provide coverage for Figtree's automotive liability in an amount not less than One Million Dollars ($1,000,000) per occurrence and a separate "Additional Insured Endorsement" page listing both the policy number and naming the "City of Huntington Beach, its officers, elected or appointed officials, employees, agents and volunteers" as additional insured on the endorsement The above mentioned insurance shall not contain a self-insured retention, "deductible" or any other sunilar form of limitation on the required coverage in excess of $1,000 without the express written consent of Public Entity d. Certificate of Insurance — Prior to commencing performance of the work hereunder, Figtree shall furnish to Public Entity a certificate of insurance subject to approval of the City Attorney evidencing the foregoing insurance coverage as required by this Agreement;the certificate shall i Provide the name and policy number of each carrier and policy, ii State that the policy is currently in force, and ill Promise that such policy shall not be suspended, voided, or canceled by either party, reduced in coverage or in limits except after thirty (30) days' prior written notice, however, ten (10) days' prior written notice in the event of cancellation for nonpayment of premium Figtree shall maintain the foregoing insurance coverage in force until the work under this Agreement is fully completed and accepted by the Public Entity The requirement for carrying the foregoing insurance coverage shall not derogate from Figtree's defense, hold harmless and indemnification obligations as set forth in this Agreement Public Entity or its representative shall at all times have the right to demand the original or a copy of the policy of insurance Figtree shall pay, in prompt and timely manner, the premiums on the insurance hereinabove required 4925-8409-6773 1 2. Amend ment/Interpretation of this Agreement. Thus Agreement represents the entire understanding of the parties as to those matters contained herein No prior oral or written understanding shall be of any force or effect with respect to those matters covered hereunder No supplement, modification or amendment of this Agreement shall be binding unless executed in writing by both of the parties hereto This Agreement shall not be interpreted for or against any party by reason of the fact that such party may have drafted this Agreement or any of its provisions. 3. Section Headings Section headings in this Agreement are included for convenience of reference only and shall not constitute a part of this Agreement for any other purpose. 4. Waiver. No waiver of any of the provisions of this Agreement shall be binding unless in the form of writing signed by the party against whom enforcement is sought, and no such waiver shall operate as a waiver of any other provisions hereof(whether or not somtlar), nor shall such waiver constitute a continuing waiver. Except as specifically provided hereon, no failure to exercise or any delay in exercising any right or remedy hereunder shall constitute a waiver thereof 5. SeverabiIity and Governing Law. If any provision or portion thereof of this Agreement shall be held by a court of competent jurisdiction to be invalid, void, or otherwise unenforceable, the remaining provisions shall remain enforceable to the fullest extent permitted by law This Agreement shall be governed by and construed and enforced in accordance with the laws of the State of California applicable to contracts made and to be performed in California 6. Notices., All notices, demands and other communications required or permitted hereunder shall be made on writing and shall be deemed to have been duly given of delivered by hand, against receipt, or mailed certified or registered mail and addressed as follows If to the Administrator Figtree Company, Inc 9915 Mora Mesa Blvd, Suite 130 San Diego, California 92131 Atta. Chief Executive Officer If to the Public Entity. City of Huntington Beach 2000 Main Street Huntington Beach, CA 92648 Attn• Antonia Graham 7. Counterparts. This Agreement may be executed in one or more counterparts, each of which shall be deemed to be an original, which together shall constitute the same instrument 8. Effective Date. This Agreement will be effective as of the date of the signature of Public Entity's representative as indicated below in the signature block 4825-8409-6773 1 4 IN WITNESS HEREOF,the parties hereto duly executed this Agreement as of the date below. FIGTREE COMPANY, INC., CITY OF HUNTINGTON BEACH, A C orma corporation a municipal corporation of the State of California By F C1 her print name ITS (circle one) Chairman/President/Vice President CEO APPROVED AS RAC: AND ty o BY l'Vi'i�~ PZ� JA u s rney ST p tlT print name ITS (circle one) Secretary/Chief Financial Officer/Asst. Secretary- Treasurer DIr�r—Ter, Ot= FINA►JC,F, 4825-8409-6773 1 5 Res. No. 2016-03 STATE OF CALIFORNIA COUNTY OF ORANGE ) ss: CITY OF HUNTINGTON BEACH ) I, JOAN L FLYNN 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 January 19, 2016 by the following vote AYES: Posey, O'Connell, Katapodis, Hardy, Delgleize NOES: Sullivan, Peterson ABSENT: None ABSTAIN: None City CI k and ex-offici Clerk of the City Council of the City of Huntington Beach, California