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HomeMy WebLinkAboutResolutions - No. 98-178RESOLUTION NO. 98-178 A RESOLUTION OF THE LODI CITY COUNCIL OF THE CITY OF LODI AMENDING SECTION 12 OF THE JOINT POWERS AGREEMENT ESTABLISHING THE SAN JOAQUIN REGIONAL RAIL COMMISSION WHEREAS, the Board of Commissioners of the San Joaquin Regional Rail Commission have deemed it necessary and proper to amend the Joint Powers Agreement Establishing the San Joaquin Regional Rail Commission, in such a way as to increase the flexibility with which the Commission may assign rights to property, for the purpose of financing, subject to the Joint Powers Agreement; and WHEREAS, it is necessary for each of the Parties to the Joint Powers Agreement to consent to, and approve of, the amendment; and WHEREAS, the City Council of the City of Lodi is a Party to the SJRRC JPA. NOW THEREFORE, BE IT RESOLVED, that the City Council of the City of Lodi hereby agrees that Section 12 of the Joint Powers Agreement Establishing the San Joaquin Regional Rail Commission, be amended to read in full as contained in the attached amendment; and BE IT FURTHER RESOLVED, that the City Council of the City of Lodi hereby directs that the required signatures be affixed to the attached amendment. Dated: December 1, 1998 I hereby certify that Resolution No. 98-178 was passed and adopted by the City Council of the City of Lodi in a special meeting held December 1, 1998, by the following vote: AYES: COUNCIL MEMBERS — Johnson, Land, Mann, Pennino and Sieglock (Mayor) NOES: COUNCIL MEMBERS — None ABSENT: COUNCIL MEMBERS — None ABSTAIN: COUNCIL MEMBERS — None ALICE M. RE CHE City Clerk 98-178 AMENDMENT TO THE JOINT POWERS AGREEMENT ESTABLISHING THE SAN JOAQUIN REGIONAL RAIL COMMISSION Section 12 of the Joint Powers Agreement Establishing the San Joaquin Regional Rail Commission which formerly read: Section 12. ASSIGNABILITY With the approval of, and upon the terms agreed upon by, the governing body of each parry to this Agreement, all or any of the rights and property subject to this Agreement may be assigned to further the purpose of this Agreement. Provided, however, no right or property of the Commission shall be assigned without compliance with all conditions imposed by any federal entity from whom the Commission has received financial assistance. is hereby amended to read as follows: Section 12. ASSIGNABILITY The rights or property subject to this Agreement may be encumbered, hypothecated, leased, or assigned, as security or otherwise, for value received, upon approval of the Rail Board, but all or substantially all of such rights or property may not otherwise be transferred or assigned except with the approval of, and upon the terms agreed upon by, the governing body of each party to this Agreement, including also, compliance with all conditions imposed by any state or federal entity having jurisdiction over such transfer or assignment. IN WITNESS WHEREOF, the Parties to the Joint Powers Agreement Establishing the San Joaquin Regional Rail Commission have caused this Amendment to be executed by their respective officers as of: ATTEST: Clerk of the Board of Supervisors of the County of San Joaquin, State of California M Deputy Clerk Date: COUNTY OF SAN JOAQUIN, a political subdivision of the State of California By Chairman Board of Supervisors,. "County" *** SIGNATURES CONTINUED ON NEXT PAGE *** 10766& 1 ATTEST: City Clerk of the City of Escalon By: City Clerk Date: ATTEST: City Clerk of the City of Lathrop By: City Clerk Date: AT'T'EST: City Clerk of the City of Manteca By: City Clerk Date: CITY OF ESCALON, a municipal corporation of the State of California By: Mayor City of Escalon CITY OF LATHROP, a municipal corporation of the State of California By: Mayor City of Lathrop CM OF iNIANTECA, a municipal corporation of the State of California By: Mayor City of Manteca *** SIGNATURES CONTIIvLTED ON NEXT PAGE *** I 10766&1 ATTEST: CITY OF LODI, a City Clerk of the City of Lodi municipal corporation of the State of California By: City Clerk Date: ATTEST: City Clerk of the City of Ripon By: City Clerk Date: ATTEST: City Clerk of the City of Stockton By: City Clerk Date: By: H. Dixon Flynn, CiEy Manager City of Lodi CITY OF RIPON, a municipal corporation of the State of California By: City of Ripon Mayor CITY OF STOCKTON, a municipal corporation of the State of California By: Mayor City of Stockton *** SIGNATURES CONTINUED ON NEXT PAGE *** 107668-1 3 ATTEST: City Clerk of the City of Tracy By: City Clerk Date: APPROVED AS TO FORM: By: Assistant County Counsel San Joaquin County City of Lathrop By: City Attorney for the City of Manteca By: City Attorney for the City of Stockton I El CITY OF TRACY, a municipal corporation of the State of California By: Mayor City of Tracy By: City Attorney for the City of Escaton By: Randall A. Rays City Attorney for the City of Lodi By: City Attorney for the City of Ripon By: City Attorney for the City of Tracy 107669.1