Resolution Number CVWD 02-10-01-01RESOLUTION NO. CVWD 02-10-01-01
' RESOLUTION OF THE BOARD OF DIRECTORS OF THE CAPISTRANO
VALLEY WATER DISTRICT, APPROVING AMENDMENT NO. 3 TO THE
JOINT EXERCISE OF POWERS AGREEMENT CREATING THE SAN
JUAN BASIN AUTHORITY
WHEREAS, the Board of Directors of the Capistrano Valley Water District
(the "District') is a member of the San Juan Basin Authority (the "Authority"); and
WHEREAS, subsequent to the formation of the Authority pursuant to the Joint
Exercise of Powers Act, Article 1, Chapter 5, Division 7, Title 1 (the "Act') by a Joint
Exercise of Powers Agreement dated as of November 22, 1971 (the "Agreement), the
Act was amended to give joint exercise of powers authorities the power to issue bonds
pursuant to the Marks -Roos Local Bond Pooling Act of 1985; and
WHEREAS, the District, along with other members of the Authority, desire to
amend the Agreement to grant to the Authority the power to exercise all of the provision
of the Marks -Roos Local Bond Pooling Act of 1985;
NOW, THEREFORE, BE IT RESOLVED, that the Board of Directors of the
' Capistrano Valle Water District does hereby, determine and order as follows:
Section 1. The above recitals, and each of them, are true and correct.
Section 2. Amendment No. 3 attached hereto as Exhibit A is hereby approved.
Section 3. The Chairman and the Secretary are hereby authorized to execute
Amendment No. 3 and to transmit to the Authority the executed Amendment No. 3.
PASSED, APPROVED, AND ADOPTED this 1 ST day of October 2002.
DIANE BATHGATE, C"RMAN
ATTEST:
M ARET R. MONAHAN, SECRETARY
10-01-02
STATE OF CALIFORNIA )
COUNTY OF ORANGE ) ss.
CITY OF SAN JUAN CAPISTRANO )
I, MARGARET R. MONAHAN, appointed Clerk of the Board of the Capistrano Valley
Water District, do hereby certify that the foregoing Resolution No. CVWD 02-10-01-01
was duly adopted by the Board of Directors of the Capistrano Valley Water District at a
regular meeting thereof, held the 1 st day of October 2002, by the following vote:
AYES: DIRECTORS: Hart, Gelff and Chairman Bathgate
NOES DIRECTORS: Swerdlin
ABSENT: DIRECTO S: Campbell
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MARG T R. MONAHAN, Clerk of the Board