HomeMy WebLinkAboutResolution No. 05-P36 6
RESOLUTION NO. 05-P3
A RESOLUTION OF THE BOARD OF DIRECTORS OF THE AZUSA
PUBLIC FINANCE AUTHORITY, ACTING IN ITS CAPACITY AS THE
SOLE MEMBER -OWNER OF THE AZUSA VALLEY WATER
COMPANY, TO APPOINT NINE BOARD MEMBERS, BY POSITION,
TO THE AZUSA VALLEY WATER COMPANY BOARD OF
DIRECTORS.
WHEREAS, on June 27, 2005, the Azusa Public Finance Authority met at a publicly
noticed meeting held at 729 N. Azusa Avenue, Azusa, California; and
WHEREAS, the Azusa Public Finance Authority is the sole member of the Azusa Valley
Water Company, and has the authority to appoint the Azusa Valley Water Company's Board of
Directors; and
WHEREAS, the Azusa Valley Water Company, a Califomia Non -Profit Corporation, is to
maintain a nine -member Board of Directors pursuant to its bylaws submitted to the Secretary of
State; and
WHEREAS, the Azusa Valley Water Company has not maintained a roster of Board of
Directors on an ongoing basis and many of the former Directors are either not available or
deceased; and
WHEREAS, the Azusa Valley Water Company must have an appointed Board of Directors
that can meet and conduct official business on behalf of the Azusa Valley Water Company;
NOW, THEREFORE, THE AZUSA PUBLIC FINANCE AUTHOITY, ACTING IN ITS
CAPACITY AS SOLE MEMBER -OWNER OF THE AZUSA VALLEY WATER COMPANY,
DOES FIND AND DECLARE THAT:
SECTION 1: The persons occupying the following position titles within the City of Azusa, a
California municipal corporation, shall constitute the Board of Directors of the Azusa Valley Water
Company:
Count
Position Title
1
Mayor
1
Mayor Pro Tem
3
City Council Members
1
City Manager
1
Director of Utilities
1
City Clerk
I
City Treasurer
Total Directors: 9
0
SECTION 2: Effective Date. This Resolution shall become effective upon its adoption.
SECTION 3: Authorization. The Chairperson shall sign and the Secretary shall certify to
the passage and adoption of this Resolution.
PASSED AND APPROVED on this 27th day of June 2005.
Diane agnon, airpers
ATTEST:
IMI
era Mendoza, Secretary
I HEREBY CERTIFY that the foregoing resolution was duly passed by the Board of
Directors of the Azusa Public Finance Authority, at a Special Meeting of the Board of Directors on
the 27th day of June 2005, by the following vote of the Board of Directors:
AYES: BOARD MEMBERS: HARDISON, CARRILLO, ROCHA, HANKS, C1 AGNON
NOES: BOARD MEMBERS: NONE
ABSENT: BOARD MEMBERS: NONE
Vera Mendoza, Secretary