Laserfiche WebLink
[Project Vote; Burbank, LA and Pasadena] <br />RESOLUTION NO. 2009-138 <br />RESOLUTION RELATING TO THE MILFORD WIND CORRIDOR <br />PHASE I PROJECT: (I) AUTHORIZING THE ISSUANCE OF BONDS <br />FOR THE MILFORD WIND CORRIDOR PHASE I PROJECT; <br />(H) AUTHORIZING THE EXECUTION AND DELIVERY OF (A) AN <br />INDENTURE OF TRUST, (B) A FIRST SUPPLEMENTAL INDENTURE <br />OF TRUST RELATING TO THE MILFORD WIND CORRIDOR PHASE I <br />PROJECT, REVENUE BONDS, 2010-1, AND (C) A PURCHASE <br />CONTRACT; (III) AUTHORIZING THE DELIVERY OF A <br />PRELIMINARY OFFICIAL STATEMENT AND THE EXECUTION AND <br />DELIVERY OF AN OFFICIAL STATEMENT; (IV) AUTHORIZING <br />CERTAIN RELATED ACTIONS; AND (V) AUTHORIZING THE <br />OFFICERS OF THE AUTHORITY TO DO ALL OTHER THINGS <br />DEEMED NECESSARY OR ADVISABLE <br />WHEREAS, there has been presented to this meeting proposed forms of certain financing <br />documents relating to the Milford Wind Corridor Phase I Project to be financed by the Bonds (as <br />hereinafter defined); <br />NOW, THEREFORE, BE IT RESOLVED by the Board of Directors of the Southern <br />California Public Power Authority (the "Authority") as follows: <br />1. Each of the President, Vice President and Executive Director and each of the <br />Secretary and any Assistant Secretary of the Authority are hereby authorized to execute and <br />deliver an Indenture of Trust relating to the Milford Wind Corridor Phase I Project, from the <br />Authority to the Trustee (as indicated in Paragraph 9 hereof), in the form on file with the <br />Assistant Secretary of the Authority, with such changes, insertions and omissions (subject to <br />Paragraph 6 hereof) as shall be approved by said President, Vice President or Executive Director <br />(such approval to be conclusively evidenced by such execution and delivery thereof); and each of <br />the Secretary and any Assistant Secretary is hereby authorized to affix the seal of the Authority <br />thereto. The Indenture of Trust relating to the Milford Wind Corridor Phase I Project, as <br />executed and delivered, is hereinafter referred to as the "Indenture." The Indenture is hereby <br />made a part of this Resolution as though set forth in full herein and the same hereby is approved. <br />2. Each of the President, Vice President and Executive Director and each of the <br />Secretary and any Assistant Secretary of the Authority are hereby authorized to execute and <br />deliver a First Supplemental Indenture of Trust relating to the Bonds from the Authority to the <br />Trustee, in the form on file with the Assistant Secretary of the Authority, with such changes, <br />insertions and omissions (subject to Paragraph 6 hereof) as shall be approved by said President, <br />Vice President or Executive Director to provide for the issuance and terms of the Authority's <br />Milford Wind Corridor Phase I Project, Revenue Bonds, 2010-1 (the "Bonds") (such approval to <br />be conclusively evidenced by such execution and delivery thereof); and each of the Secretary and <br />any Assistant Secretary is hereby authorized to affix the seal of the Authority thereto. The First <br />Supplemental Indenture of Trust, in the form in which executed and delivered, is hereinafter <br />