Res F-92-01 RESOLUTION NO. F-92-01
A RESOLUTION OF THE BOARD OF DIRECTORS OF THE
POWAY PUBLIC FINANCING AUTHORITY WAIVING ITS ANNUAL MEETING
WHEREAS, The Poway Public Financing Authority (the "Authority") was created
on October 8, 1991 pursuant to the Harks-Roos Local Bond Pooling Act of 1985 and
pursuant to Resolution No. 91-116 of the City of Poway (the "City:) and
Resolution No. R-91-16 of the Poway Redevelopment Agency (the "Agency"); and
WHEREAS, the Board of Directors of the Authority (the "Board"), having
determined that no necessity currently exists for conducting an annual meeting
of the Board, desires, pursuant to the terms of that certain Joint Powers
Agreement by and between the City and the Agency executed on October 29, 1991,
to waive its annual meeting requirement;
NOW, THEREFORE, BE IT RESOLVED by the Board of Directors of the Poway Public
Financing Authority as follows:
Section 1. The foregoing statements are true and correct.
Section 2. The Board hereby waives the requirement of an annual meeting
of the Board and determines that, hereafter, all meetings of the Board shall be
held only as and when the Board determines in its sole discretion that the
necessity therefor exists.
PASSED, ADOPTED AND APPROVED, by the Poway Public ~inancing Authority of the
City of Poway, California, at a meeting there~i this 7~h day of January, 1992.
~f_~,~ ~ I~mith~Ch~ir~anq ,
L Jan Go.ldsmi\t '
ATTEST.'
MarjorieUq. Wahlsten, Secret y
STATE OF CALIFORNIA )
) SS.
COUNTY OF SAN DIEGO )
I, Marjorie K. Wahlsten, Secretary of the Poway Public Financing Authority,
do hereby certify under penalty of perjury that the foregoing Resolution No.
F-92-01 was duly adopted by the Poway Public Financing Authority at a meeting
of said Agency held on the 7th of January , 1992, and that it was so
adopted by the following vote:
AYES: EMERY, HIGGINSON, MCINTYRE, SNESKO, GOLDSMITH
NOES: NONE
ABSTAIN: NONE
ABSENT: NONE
Marjori~ ~. Wahlsten, Secretary
Poway P~L~lc Financing Authority