R 4426 RESOLUTION NO. 4426
A RESOLUTION OF THE CITY COUNCIL OF THE CITY O�
ARROYO GRANDE DETERMINING THE NEED FOR A NEW
POLICE STATION FACILITY AND A REFINANCING OF THE
FIRE STATION BONDS
WHEREAS, the Police Station facility for the City's Police Department is inadequate and
in need of replacement to ensure the health and safety of the occupants and users of
the facility and to enable the City's Police Department to provide increased safety and_
emergency response services to the residents of the City; and
WHEREAS, the City Council has previously studied the need for an expanded and
improved or a new Police Station facility; and
WHEREAS, it is determined that a new Police Station facility is a "municipal
improvement" within the meaning of California Government Code Section 43601 and
may be financed in part using proceeds of general obligation bonds; and
WHEREAS, in conjunction with the funding of the construction of the new Police Station
facility, the City Council also desires to refinance the City's outstanding General
Obligation Bonds, Series A of 2003 (Fire Station Project) ("Fire Station Bonds") and
utilize a portion of the new general obligation bonds to call and redeem said Fire Station
Bonds.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Arroyo
Grande as follows:
1. � The above recitals are true and correct.
2. Pursuant to California Government Code Section 43607, the City hereby finds
and determines that the public interest and necessity demand the construction of
a new Police Station facility for the City's Police Department and the refinancing
of the Fire Station Bonds in conjunction therewith. �
3. In the judgment of the City Council, it is advisable to provide for the funding and
refinancing of such community safety needs by means of general obligation
bonds. �
4. The Mayor, the City Manager, the City Attorney, the City's Bond Counsel, Rutan
� & Tucker, LLP, or any other staff or consultant of the City are hereby authorized
and directed to do and cause to be done any and all acts and things necessary
or proper for carrying out the transactions contemplated by this Resolution.
5. The City Clerk shall certify to the adoption of this Resolution and thenceforth and
thereafter the same shall be in full force and effect.
RESOLUTION NO. 4426
PAG E 2
On motion of Council Member Costello, seconded by Council Member Brown, and on
the following roll call vote, to wit: �
AYES: Council Members Costello, Brown, Guthrie, Ray, and Mayor Ferrara
NOES: None
-ABSENT: None
the foregoing Resolution was passed and adopted on this 24�h day of January, 2012.
RESOLUTIOPV NO. '�`�2�P �
PAGE 3
TONY FER , AYOR ,
ATTES : �
KELLY W TM E, CITY CLERK
APPROVED AS TO CONTENT:
STEVEIV ADAI�V(S, CITY MANAGER
APPROVED AS TO.FORM: � �
�j�
TIM THY J. �RMEL, CITY ATTORNEY
, .
OFFICIAL CERTIFICATION �
I, KELLY WETMORE, City Clerk of the City of Arroyo .Grande; County of San
Luis Obispo, State �of California, do_hereby certify under penalty of perjury, that �
Resolution No. 4426 is a true, full, and correct copy of said Resolution passed �
and adopted at a regular meeting of the City Council/Redevelopment Agency of .
the City of Arroyo Grande on the 24th day of January 2012.
WITNESS my hand and the Seal of the City of Arroyo Grande affixed this 26�'
day of January 2012. �
. ,
� KELLY ET RE, ClTY CLERK '