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RESOLUTION NO. 2009-43 <br />RESOLUTION OF THE BOARD OF DIRECTORS OF SOUTHERN <br />CALIFORNIA PUBLIC POWER AUTHORITY (1) AUTHORIZING THE <br />PREPARATION OF ALL DOCUMENTS NECESSARY OR <br />APPROPRIATE TO SELL AND ISSUE POWER PROJECT REVENUE <br />OBLIGATIONS, PROCEEDS OF WHICH WILL BE USED TO FUND <br />CERTAIN COSTS ASSOCIATED WITH THE ACQUISITION AND <br />INSTALLATION OF "ICE BEAR" UNITS FROM ICE ENERGY; AND (H) <br />AUTHORIZING OFFICERS OF THE AUTHORITY TO DO ALL THINGS <br />DEEMED NECESSARY OR APPROPRIATE <br />WHEREAS, the Finance Committee of the Southern California Public Power Authority <br />(the "Authority") has determined that it is in the best interest of the Authority to proceed with <br />preparing all documents necessary or appropriate to sell and issue obligations (the "Obligations") <br />to fund costs associated with the acquisition and installation of "Ice Bear" units from Ice Energy, <br />which units will be installed in multiple locations within the jurisdiction of certain members of <br />the Authority; and <br />WHEREAS, once prepared, drafts of the contracts proposed to be entered into by the <br />Authority in connection with the issuance of the Obligations will be presented for the Board's <br />consideration. <br />NOW, THEREFORE, BE IT RESOLVED by the Board of Directors of the Authority as <br />follows: <br />1. The Authority's staff and the Authority's team of financing professionals <br />(including the personnel at the Los Angeles Department of Water and Power who work on <br />Authority matters, the Authority's Co -Bond Counsel and the Authority's Financial Advisor) are <br />hereby authorized to prepare all documents necessary or appropriate for the sale and issuance of <br />the Obligations. <br />2. Each of the President, Vice President, Executive Director, Secretary and any <br />Assistant Secretary of the Authority, and any other officer of the Authority, is hereby authorized <br />and directed to do and cause to be done any and all acts and things necessary or appropriate for <br />carrying out the transactions contemplated by this Resolution. <br />3. This Resolution shall become effective immediately. <br />