HomeMy WebLinkAboutAGENDA REPORT 2002 0206 CC REG ITEM 11CITEM I r. C_
MOORPARK CITY COUNCIL
AGENDA REPORT
To: Honorable City Council
From: Nancy Burns, Senior Management Analyst
Date: January 24, 2001 (CC Meeting of February 6, 2002)
Subject: CONSIDER AMENDMENT TO JOINT POWERS AGREEMENT OF
VENTURA CITIES MORTGAGE FINANCE AUTHORITY
BACKGROUND
On April 21, 1999, the City Council adopted Resolution 99 -1592,
which authorized the City's joining the Ventura Cities Mortgage
Finance Authority (VCMFA) , a Joint Powers Authority (JPA) . The
purpose of the VCMFA is to issue mortgage bonds to be used for
low income home buyer down payment assistance.
DISCUSSION
The VCMFA program is administered by the Area Housing Authority.
Initially, the Area Housing Authority invited those
jurisdictions that it served to participate in the program. As
charter members, the cities of Camarillo, Fillmore, Moorpark,
Ojai, Simi Valley, Thousand Oaks, and the County of Ventura, are
the only voting members. The cities of Port Hueneme and Santa
Paula joined the VCMFA later, as associate member cities. (This
class of membership does not include voting rights.)
In order to generate more loan activity, the remaining cities in
the County have been invited to participate. Oxnard has agreed
to become a member and the City of Ventura is considering this
request. With the change in composition, the VCMFA Board agreed
that the Cities of Port Hueneme, Santa Paula, Oxnard and Ventura
(when interested) should be full voting members. Therefore, the
bylaws must be amended, in order to include these four cities as
members of the JPA with voting authority. The VCMFA Board
unanimously agreed to forward a recommendation to all members
000258
Honorable City Council
Date 01/30/02
Page 2
that the attached resolution be adopted approving the First
Amendment to the Joint Powers Agreement to permit the Cities of
Port Hueneme, Santa Paula, Oxnard and Ventura to become voting
members.
Furthermore, in order to provide
the VCMFA quarterly meetings,
additional alternate Directors.
made by the applicable Director,
Harper. The suggested alternat
Senior Management Analyst for
Administrative Services Director.
STAFF RECOMMENDATION
representation for the City at
staff recommends delegating
These appointments would be
currently Councilmember Clint
:e Directors are Nancy Burns,
Housing and Dana Shigley,
1. Adopt Resolution No. 2002- approving First Amendment
to Joint Powers Agreement of Ventura Cities Mortgage
Finance Authority; and
2. Direct the Mayor to execute the First Amendment; and
3. Authorize the current Director, Councilmember Harper, to
appoint Nancy Burns, Senior Management Analyst, and Dana
Shigley, Administrative Services Director, as alternate
Directors.
Attachments:
Resolution No. 2002 -
First Amendment to Joint Powers Agreement Creating the
Ventura Cities Mortgage Finance Authority
Letter to Designate Alternate Directors
000259
RESOLUTION NO. 2002-
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF MOORPARK, CALIFORNIA, APPROVING FIRST
AMENDMENT TO JOINT POWERS AGREEMENT CREATING
THE VENTURA CITIES MORTGAGE FINANCE AUTHORITY
AND PROVIDING OTHER MATTERS PROPERLY RELATING
THERETO
WHEREAS, the City of Moorpark, a municipal corporation,
together with certain other cities within the County of
Ventura and the County of Ventura (collectively, the "Voting
Members "), entered into the Joint Powers Agreement Creating
the Ventura Cities Mortgage Finance Authority (the "Joint
Powers Agreement ") to provide for the express purpose of the
joint exercise of powers under Part 5 of Division 31
(commencing with Section 52000) of the California Health and
Safety Code, being the provisions of the Code which authorize
the undertaking of home mortgage financing programs; and
WHEREAS, the City Council desires to amend the Joint
Powers Agreement to permit the cities of Oxnard and San
Buenaventura also to become Voting Members (within the meaning
of the Joint Powers Agreement) , all as provided in the First
Amendment to Joint Powers Agreement in form on file with the
City Clerk (the "First Amendment ").
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF MOORPARK
DOES HEREBY RESOLVE AS FOLLOWS:
SECTION 1. Approval of First Amendment. The City
Council hereby approves the First Amendment.
SECTION 2. Notice of Approval. The Mayor and City
are hereby directed to execute and attest, respectively,
o deliver the executed First Amendment to the Secretary
Ventura Cities Mortgage Finance Authority.
Clerk
and t
of the
SECTION 3. Effective Date. This resolution
take effect
adoption.
from and after the date of its passage
shall
and
000260
Resolution No. 2002 -
Page 2
PASSED AND ADOPTED this 6th day of February, 2002.
Patrick Hunter, Mayor
ATTEST:
Deborah S. Traffenstedt, City Clerk
0000G1
FIRST AMENDMENT TO
JOINT POWERS AGREEMENT
CREATING THE
VENTURA CITIES MORTGAGE FINANCING AUTHORITY
This First Amendment to Joint Powers Agreement creating the Ventura Cities
Mortgage Financing Authority (the "First Amendment ") is made as of ,
by and among the Voting Members of the Ventura Cities Mortgage Financing Authority.
RECITALS
The Ventura Cities Mortgage Financing Authority (the "Authority') was created by
a Joint Powers Agreement, (the "Joint Powers Agreement "), dated as of February
1, 1999, by and among the cities of Camarillo, Moorpark, Simi Valley and
Thousand Oaks and the County of Ventura (collectively, the "Original Members ");
and
11. The Original Members, together with the cities of Fillmore and Ojai, constitute all
of the current "Voting Members" within the meaning of the Joint Powers
Agreement; and
III. Article VIIIA of the Joint Powers Agreement provides that only cities and the
County whose housing authorities are members of the Area Housing Authority of
the County of Ventura (the "AHACV") may be Voting Members of the Authority;
and
IV. The cities of Port Hueneme, Santa Paula, Oxnard and San Buenaventura have
expressed a desire to become Voting Members of the Authority, but their
respective housing authorities are not members of AHAVC; and
V. Article XXIV of the Joint Powers Agreement provides that the Joint Powers
Agreement may be amended by unanimous vote of the Voting Members acting
through their respective City Council's or its Board of Supervisors, as applicable;
and
VI. Each Voting Member has approved the amendment of Article VIIIA to permit the
cities of Port Hueneme, Santa Paula, Oxnard and San Bueanventura to become
Voting Members; as evidnced by the signatures of the authorized representatives
of all of the Voting Members set forth on counterpart copies of this First
Amendment; and
VII. Each such signature further confirms that the form of the First Amendment was
submitted to the applicable Voting Member at least thirty (30) days in advance of
the date when such Voting Member considered the approval of the First
Amendment all as required by Article XXIV of the Joint Powers Agreement.
UU ®262
NOW THEREFORE, the Voting Members of the Ventura Cities Mortgage Financing
Authority hereby agree as follows:
1. Amendment. Article VIIIA of the Joint Powers Agreement is amended to read in
full as follows:
"A. Voting Members.
All Cities and the County whose housing authorities are members
of AHACV and the cities of Port Hueneme, Santa Paula, Oxnard and San
Buenaventura shall be eligible to join the Authority as Voting Members
subject to the approval of the Board of Directors. A Voting Member shall
have approved entering into and delivery of this Agreement by a duly
adopted resolution filed with the Secretary. Voting Members shall be
entitled to vote and to exercise the other rights provided in this Agreement.
The current list of Voting Members is set forth in Appendix A attached
hereto and hereby made a part hereof, subject to amendment as provided
in Article XXIV.
2. Effective. This First Amendment shall be effective as of the date first above
written.
CITY OF CAMARILLO
By:
Title:
CITY OF FILLMORE
By:
Title:
CITY OF MOORPARK
By:
Title: Mayor
CITY OF PORT HUENEME
By:
Title:
CITY OF OJAI
By:
Title:
Attest:
By: _
Title:
Attest:
By: _
Title:
Attest:
By:
Title: City Clerk
Attest:
By:
Title:
Attest:
By:
Title:
000260
CITY OF OXNARD
By:
Title:
CITY OF SAN BUENAVENTURA
By:
Title:
CITY OF SANTA PAULA
By:
Title:
CITY OFSIMI VALLEY
By:
Title:
CITY OF THOUSAND OAKS
By:
Title: Mayor
COUNTY OF VENTURA
By:
Title:
Attest:
By: _
Title:
Attest:
By:
Title:
Attest:
By:
Title:
Attest:
By:
Title:
Attest-
By-
Title: City Clerk
Attest:
By:
Title:
000264
MOORPARK
799 Moorpark Avenue Moorpark, California 93021 (805) 517 -6200
February 6, 2002
Ventura Cities Mortgage Finance Authority
1400 West Hillcrest Drive
Newbury Park, California 91320
To Whom It May Concern:
The purpose of this letter is to designate additional
alternate Directors to the Ventura Cities Mortgage Finance
Authority from the City of Moorpark. Nancy Burns, Senior
Management Analyst, and Dana Shigley, Administrative
Services Director, will represent the City from time to
time at Board meetings.
Please direct meeting agendas to Nancy Burns.
Thank you.
Sincerely,
Clint Harper
Councilmember
0000206
PATRICK HUNTER ROSEANN MIKOS CLINT HARPER KEITH F. MILLHOUSE JOHN E. WOZNIAK