HomeMy Public PortalAboutResolution - 06-64- 20061213 - Amend McKannay Promissory RESOLUTION No. 06- 64
PASSED AND ADOPTED by the Board of Directors of the Midpeninsula Regional Open Space
District on December 13, 2006 at a Special and Regular Meeting thereof, by the following
vote:
AYES: J. Cyr, M. Davey, N. Hanko, L. Hassett, K. Nitz, C. Riffle, P. Siemens
NOES: None
ABSTAIN: None
ABSENT: None
ATTEST: APPROVED:
ecretary r ident
Board of Directors oard of Efirectors
I, the District Clerk of the Midpeninsula Regional Open Space District, hereby certify that
the above is a true and correct copy of a resolution duly adopted by the Board of Directors of
the Midpeninsula Regional Open Space District by the above vote at a meeting thereof duly
held and called on the above day.
District
� RESOLUTION NO. O6' 64
RESOLUTION OP THE BOARD OFDIRECTORS OF THE
K4|DPGN|NSUL& REGIONAL OPEN SPACE DISTRICT
AUTHORIZING EXECUTION AND DELIVERY OF
AMENDMENT NO. lTO UNSECURED PROMISSORY NOTE
RELATING TO SIERRA 8Z0LOPEN SPACE PRESERVE—
FORMER LANDS OF /NcKANN&Y, AND AUTHORIZING
� ALL OTHER ACTIONS NECESSARY OR APPROPRIATE [N
CONNECTION THEREWITH �
The Board of Directors ofthe Midpeninsula Regional Open Space District(the"District")does resolve as
follows: �
� WHEREAS, the District previously executed and delivered an Unsecured Promissory Note(the"Original �
� Note") dated January 9, 2002 for the benefit of Maura Siemers, a married woman as her sole and separate �
�
p,operty, inoonnoc�ionwiththc0m1rict`oucquiaidonn��isnu /\ru| Dpcn �pao� �os�rvc— Fonn�, Lun�mof �
` �
McKonnoy; and
� WHEREAS, the District and Ms. Siemers, now known as MaLira McKannay, wish to amend the Original Note
� to provide for prepayment of the Original Note;
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NOW, THEREFORE, BE |T RESOLVED bvthe Midpeninau|uRcAionu| Open Space District, usfollows:
Section . The Board of'Directors of the District does hereby approve execution and delivery of Amendment �
No. | to Unsecured Promissory Note(the "Amendment"). The Amendment shall be executed oil behalf o[the
District by the members of the Board of Directors, in the form attached hereto and made a part hereof.
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Section Two. All actions heretofore taken bv the officers and agents ofthe District with respect tothe
preparation oythe Amendment are hereby approved, confirmed and ratified, and the proper officers of the
� District, including the Designated Otficcrm, are hereby authorized and directed, for and in the name and on
behalf of the District, iodo any and all things and take any and all actions and execute and deliver any and all �
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certificates, agreements and other documents which they, or any of them, may deem necessary or advisable in
order to Consummate the lawful execution and delivery of tile Amendment in accordance with this resolution.
Section Three. This resolution shall take effect from and after the date of approval and adoption hereof
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