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Resolution No. GPFFA 2019-01 | Establishing Regular Meeting Dates | Adopted 10/07/2019RESOLUTION NO. PFFA 2019-01 A RESOLUTION OF THE BOARD OF DIRECTORS OF THE GILROY PUBLIC FACILITIES FINANCING AUTHORITY ESTABLISHING REGULAR MEETING DATES OF THE AUTHORITY WHEREAS, the Gilroy Public Facilities Financing Authority (the "Authority") was established for the purpose, among others, of providing for the financing and refinancing of public capital improvements for the City of Gilroy (the "City"); and WHEREAS, Government Code Section 6592.1 provides that the Authority may adopt a resolution authorizing bonds or any issuance of bonds or accepting the benefit of any bonds or the proceeds of bonds only during a regular meeting of the Authority held pursuant to Government Code Section 54954; and WHEREAS, the Authority desires to establish regular meeting dates t in accordance with the provisions of Government Code Section 54954. NOW, THEREFORE, the Board of Directors of the Authority does hereby resolve as follows: SECTION 1. Each of the foregoing recitals is true and correct. SECTION 2. Notwithstanding any provision to the contrary in the joint powers agreement establishing the Authority, any bylaws of the Authority or in any prior resolutions or actions of the Board of Directors of the Authority, from the date hereof, the regular meetings of the Authority shall be held on the same days as the regular meetings of the City Council of the City and may be held as a joint meeting with the City Council of the City. SECTION 3. If the regular meeting dates and times of the City Council of the City are changed, then the regular meeting dates and times for the Board of Directors of the Authority shall be changed to be the same date and time as the regular City Council meetings, without further action by the Authority Board of Directors. SECTION 4. In the event that the Secretary determines that there is no business of the Authority to be conducted at a regular meeting, then the Chair and officers of the Authority are authorized to take whatever actions are required by law to cancel such regularly scheduled meetings. SECTION 5. The Chair, Vice -Chair, Executive Director, Treasurer, Secretary and other officers of the Authority are authorized and directed, jointly and severally, to do any and all things which they may deem necessary or advisable in order to effectuate the purposes of this Resolution, and such actions previously taken by such officers are hereby ratified and confirmed. RESOLUTION NO. PFFA 2019-01 SECTION 4. This Resolution shall take effect immediately upon adoption. PASSED and ADOPTED this 7t' day of October, 2019 by the following roll call vote: AYES: BOARDMEMBERS: BLANKLEY, BRACCO, LEROE- MUNOZ, MARQUES, TOVAR, TUCKER and VELASCO NOES: BOARDMEMBERS: NONE Shawna Freels, APPROVE Roland Velasco, Chair RESOLUTION NO. PFFA 2019-01 I, SHAWNA FREELS, Secretary of the Gilroy Public Facilities Financing Authority, do hereby certify that the attached Resolution No. PFFA 2019-01 is an original resolution, or true and correct copy of a city Resolution, duly adopted by the Board of the Gilroy Public Facilities Financing Authority at a meeting of said Board held on the 7'' day of October, 2019, at which meeting a quorum was present. IN WITNESS WHEREOF, I have hereunto set my hand and affixed the Official Seal of City of/G}lroy #iis-V'qay of October, 2019. Shawna Freels, NMC Secretary of the Gilroy Public Facilities Financing Authority (Seal)