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-BUTTE, STATE 4F CALIFC?RMA
Resolufion No. 0~-069
RESOLUTION OF THE BOARD OF SUPERVISORS OF THE COUNTY OF BUTTE
APPROVING THE ISSUANCE OF THE CALIFORNIA STATEWIDE COMMUNITIES
DEVELOPMENT AUTHORITY REVENUE BONDS (ENLOE MEDICAL CENTER), SERIES
2007 IN AN AGGREGATE PRINCIPAL AMOUNT NOT TO EXCEED $150,000,000 FOR
THE PURPOSE OF FINANCING THE ACQUISITION, CONSTRUCTION,
IMPROVEMENT, EQUIPPING, RENOVATION, REHABILITATION AND REMODELING
OF THE HEALTH AND SUPPORT FACILITIES OF ENLOE MEDICAL CENTER AND
CERTAIN OTHER MATTERS RELATING THERETO
WHEREAS, the Enloe Medical Center, a California nonprofit public benefit corporation (the
"Corporation"), has requested that the California Statewide Communities Development
Authority (the "Authority") participate in the issuance of one or more series of revenue bonds in
an aggregate principal amount not to exceed $150,000,000 (the "Bonds") for the acquisition,
construction, improvement, equipping, renovation, rehabilitation and remodeling of certain of the
health and support facilities of Enloe Medical Center (the "Facilities") to be owned and operated
by the Corporation and located within the County of Butte (the "County"); and
WHEREAS, pursuant to Section 147(f) of the Internal Revenue Code of 1986 (the "Code"), the
issuance of the Bonds by the Authority must be approved by the County because the Facilities
are located within the territorial limits of the County; and
WHEREAS, the Board of Supervisors of the County (the "Board") is the elected legislative body
of the County and is one of the applicable elected representatives required to approve the
issuance of the Bonds under Section 147(f) of the Code; and
WHEREAS, the Authority has requested that the Board approve the issuance of the Bonds by the
Authority in order to satisfy the public approval requirement of Section 147(f) of the Code and
the requirements of Section 9 of the Amended and Restated Joint Exercise of Powers Agreement,
dated as of June 1, 1988 (the "Agreement"), among certain local agencies, including the County;
WHEREAS, pursuant to Section 147(f) of the Code, the Board has, following notice duly given,
held a public hearing regarding the issuance of the Bonds, and now desires to approve the
issuance of the Bonds by the Authority.
NOW, THEREFORE, BE IT RESOLVED, by the Board of Supervisors of the County of Butte
as follows:
Section 1. The Board hereby approves the issuance of the Bonds by the Authority. It is the
purpose and intent of the Board that this resolution constitute approval of the issuance of the
Bonds by the Authority, for the purposes of (a) Section 147(f) of the Code by the applicable
elected representative of the issuer of the Bonds and the governmental unit having jurisdiction
over the area in which the Facilities are located, in accordance with said Section 147(f) and (b)
Section 9 of the Agreement.
Section 2. The officers of the County are hereby authorized and directed, jointly and severally, to
do any and all things and to execute and deliver any and all documents which they deem
necessary or advisable in order to carry out, give effect to and comply with the terms and intent
of this resolution and the financing transaction approved hereby.
Section 3. This resolution shall take effect immediately upon its adoption.
PASSED AND ADOPTED by the Board of Supervisors of the County of Butte this 10th day of
April, 2007.
AYES: Supervisors Connelly, Kirk, Josiassen, Yamaguchi and Chair Dolan
NOES: None
ABSENT: None
NOT VOTING: None
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JANE DOL1~1`V; Chair
Butte County Board of Supervisors
ATTEST:
PAUL MCINTOSH, Chief Administrative Officer
and Clerk o,fthe Board of Supervisors
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