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HomeMy WebLinkAbout2003-311 RESOLUTION NO. 2003-311 2 3 RESOLUTION OF THE MAYOR AND COMMON COUNCIL OF THE CITY OF SAN BERNARDINO APPROVING THE ISSUANCE OF BONDS BY THE CALIFORNIA STATEWIDE COMMUNITIES DEVELOPMENT AUTHORITY FOR THE PROPOSED NEW INLAND BEHAVIORAL AND HEALTH SERVICES, INC. MEDICAL FACILITY 4 5 6 WHEREAS, Inland Behavioral and Health Services, Inc., a California nonprofit public 7 benefit corporation (the "Corporation"), has requested that the California Statewide 8 Communities Development Authority (the "Authority") participate in the issuance of one or 9 more series ofrevenue bonds in an aggregate principal amount not to exceed $4,270,000 (the 10 "Bonds") to (a) finance the acquisition of two adjacent parcels at 655 North "D" Street and 379 7th Street, in San Bernardino, California, (b) construct thereon of an approximately 28,000 II 12 square-foot building and (c) construct improvement to, and equip, the building for primarily 13 comprehensive medical care services, which excludes homeless and substance abuse services 14 (the "Project") and WHEREAS, pursuant to section 147(1) of the Internal Revenue Code of 1986 (the 15 16 "Code"), the issuance of the Bonds by the Authority must be approved by the City because the 17 Project is located within the territorial limits of the City; and 18 WHEREAS, the Common Council (the "City Council") is the elected legislative body 19 of the City and is one of the applicable elected representatives required to approve the 20 issuance of the bonds as a member of the Authority under Section 147(1) of the Code; the 21 Bonds will be issued by the Authority and the City will have no obligations with respect 22 thereto; and 23 WHEREAS, the Authority has requested that the City Council approve the issuance of 24 the Bonds by the Authority in order to satisfy the public approval requirement of Section 25 14791) of the Code and the requirements of Section 9 of the Amended and Restated Joint P:\Agendas\Resolutions\Resolutions\2003\03-11-17 IBHS TEFRA Hearing.doc 1 ~ . 2003-311 Exercise of Powers Agreement, dated as of September I, 1988 (the "Agreement"), among 2 certain local agencies, including the City; and 3 WHEREAS, pursuant to Section 147(f) of the Code, prior to their issuance, private 4 activity bonds are required to be approved by the "applicable elected representative" of the 5 governmental units on whose behalf such bonds are expected to be issued and by a 6 governmental unit having jurisdiction over the entire area in which any facility financed by 7 such bonds is to be located, after a public hearing held following reasonable public notice; 8 and 9 WHEREAS, there has been published, at least 14 days prior to the date hereof, in the 10 Sun newspaper of general circulation within the City, a notice that a public hearing regarding 11 the Bonds would be held on November 17, 2003; and 12 WHEREAS, such public hearing was conducted on November 17, 2003 by the Mayor 13 and City Council, at which time an opportunity was provided to interested parties to present 14 arguments both for and against the issuance of the Bonds; and 15 WHEREAS, it is intended that this Resolution shall constitute the approval of the 16 issuance of the Bonds required by Section 147(f) of the Code and Section 9 of the Agreement; 17 NOW, THEREFORE, IT IS HEREBY RESOLVED, DETERMINED AND 18 ORDERED BY THE MAYOR AND COMMON COUNCIL OF THE CITY OF SAN 19 BERNARDINO, AS FOLLOWS: 20 Section I. The City Council hereby approves the issuance of the Bonds by the 21 Authority. It is the purpose and intent of the City Council that this Resolution constitutes 22 approval of the Bonds for the purposes of (a) Section 147(f) of the Code by the applicable 23 elected representative of the governrnental unit having jurisdiction over the area in which the 24 Project is located, in accordance with said Section 147(f), and (b) Section 9 of the Agreement. 25 III P:\Agendas\Rcsolutions\Rcsolulions\2003\03-11-17 IBHS TEFRA Hearing.doc 2 . . Section 2. 2003- 311 The officers of the City are hereby authorized and directed, jointly and 2 severally, to do any and all things and to execute and deliver any and all documents that they 3 deem necessary or advisable in order to carry out, give effect to and comply with the terms 4 and intent of this Resolution and the financing approved hereby. 5 Section 3. 6 The City Clerk of the City shall forward a certified copy of this Resolution and a copy ofthe affidavit of publication of the hearing notice to: 7 8 9 10 Section 4. Brian Quint Quint & Thimmig, LLP One Embarcadero Center, Suite 2420 San Francisco, CA 94111-3737 This Resolution shall take effect upon its adoption and execution in the manner as required by the City Charter. 11 12 1111 13 1111 14 1111 15 1111 16 1111 17 1111 18 II/I 19 1111 20 1111 21 1111 22 1111 23 1111 24 II/I 25 1111 P:\AgcndasIRcsolulions\Rcsolulions\2003\03-1 ]-17IBHS TErRA Hearing,doc 3 . . 2003-311 RESOLUTION OF THE MAYOR AND COMMON COUNCIL OF THE CITY OF SAN BERNARDINO APPROVING THE ISSUANCE OF BONDS BY THE CALIFORNIA STATEWIDE COMMUNITIES DEVELOPMENT AUTHORITY FOR THE PROPOSED NEW INLAND BEHAVIORAL AND HEALTH SERVICES, INC. MEDICAL FACILITY 2 3 4 5 I HEREBY CERTIFY that the foregoing Resolution was duly adopted by the Mayor and 6 Common Council of the City of San Bernardino at a it. reg, meeting thereof, held on the 17th day of November ,2003, by the following vote to wit: r::L.~ 1.. /J h. C~ ~h~~~ City Clerk "7 /l1 The foregoing resolution is hereby approved this Z-- Daay of November ,2003. ~47~~4~~ Wendy i;[{Carnrnack, Mayor Pro Tern City of San Bernardino 7 Council Members: 8 ESTRADA LONGVILLE MCGINNIS DERRY SUAREZ ANDERSON MC CAMMACK 9 10 11 12 13 14 15 16 17 18 19 20 Approved 21 By: sl-.Mnrr. City Attorn 22 23 24 25 Ayes Nays x x ~ x x x - x Abstain Absent P:\Agendas\Resolutions\RcsolulionsIlOO3\03.11-17 IBHS TEFRA Hearing.doc 4