Loading...
HomeMy Public PortalAboutResolution - 87-04- 19870128 - Approve Officers for Fir(b) RESOLUTION NO. 87-04 RESOLUTION OF THE BOARD OF DIRECTORS OF THE MIDPENINSULA REGIONAL OPEN SPACE DISTRICT APPROVING CERTIFICATE OF AUTHORITY OF OFFI- CERS (FIRST INTERSTATE BANK OF CALIFORNIA) WHEREAS, the Board of Directors of the Midpeninsula Regional Open Space District adopted the following resolutions: a) Resolution No. 77-30 adopted July 13, 1977, approving, authorizing, and directing the execution of an agreement with United California Bank to act as paying agent on behalf of the District for the issuance of $4,600,000 principal amount of Midpeninsula Regional Open Space District Negotiable Promissory Notes, Series A; and b) Resolution No. 81-40 adopted July 8, 1981 supplementing former resolu- tion and approving, authorizing, and directing the execution of an agree- ment with First Interstate Bank of California to act as paying agent on behalf of the District for the issuance of $500,000 principal amount of Midpeninsula Regional Open Space District Negotiable Promissory Notes (Windy Hill Open Space Preserve - P.O.S.T. Property); and c) Resolution 82-57 adopted December 8, 1982 approving, authorizing, and directing the execution of an agreement with First Interstate Bank of California to act as paying agent on behalf of the District for the issuance of $6,000,000 principal amount of Midpeninsula Regional Open Space District Negotiable Promissory Notes, Series A; and d) Resolution 85-17 adopted February 20, 1985 approving, authorizing, and directing the execution of an agreement with First Interstate Bank of California to act as paying agent on behalf of the District for the issu- ance of $4,000,000 principal amount of Midpeninsula Regional Open Space District 1985 Negotiable Promissory Notes; and e) Resolution 86-37 adopted June 13, 1986 approving, authorizing, and directing the execution of an agreement with First Interstate Bank of California to act as paying agent on behalf of the District for the issu- ance of $9,500,000 principal amount of Midpeninsula Regional Open Space District 1986 Promissory Notes; and WHEREAS, First Interstate Bank of California has requested that the Board of Directors designate those officers of the District who have been duly elected or appointed to sign written instructions and consents on behalf of the District; NOW, THEREFORE, BE IT RESOLVED that the Board of Directors of the Midpeninsula Regional Open Space District does hereby adopt the Certif i- cate of Authority of Officers attached hereto as Exhibit A designating those officers of the District who are authorized to sign written instruc- tions and consents on the District's behalf. This resolution supersedes Resolution 86-8 adopted on January 22, 1986. * * * * * * RESOLUTION NO. 87-04 PASSED AND ADOPTED by the Board of Directors of the Midpeninsula Regional Open Space District on January 28 ,1987 at a regular meeting thereof, by the following vote: AYES: Katherine Duffy, Daniel Wendin, Ernestine Henshaw, Nonette Hanko, Gerry Andeen and Richard Bishop. NOES: None. ABSTAIN: None. ABSENT: Edward Shelley. ATTEST: APPROVED: Secretary, Board of Directors President, Board of Directors 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 date. (_' District Clerk /411".1 EXHIBIT A CERTIFICATE OF AUTHORITY OF OFFICERS Public Agency Name Midpeninsula Regional Open Space District Address 201 San Antonio Circle, Suite C-135; Mountain View, CA 94040 To: First Interstate Bank of California Corporate Trust Department 405 Montgomery Street San Francisco, CA 94104 The undersigned, Secretary of the Board of Directors of the Midpen- insula Regional Open Space District, hereby certifies, that by resolution duly adopted by the Board of Directors of this Public Agency, the officers named upon this certificate have been duly elected or appointed are now acting and are qualified to sign written instructions and consent as provided in the By -Laws, etc., on behalf of this Public Agency, that the specimen signatures appearing opposite the names and titles are the genuine signatures of such officers and that said resolutions electing or appointing these officers are now in full force and effect. You are further authorized to recognize these signatures until you receive our written instructions to the contrary. Richard S. Bishop, President,will sign Katherine M. Duffy, Vice President, will sign Edward G. Shelley, Treasurer, will sign Ernestine U. Henshaw, Secretary, will sign q4,4,(,4 6?) - 0/1 WI L_91/1 A —ea 440.-,4-6o Herbert Grench, General Manager, will sign MA -44;C L. Craig Britton, Land Acquisition Manager, w,ll sign David Wm. Hansen, Land Manager, will sign Jean H. Fiddes, District Clerk, will sign 9YLiA Vileed In Witness Whereof, I have hereunto set my hand and affixed the seal of said Midpeninsula Regional Open Space District Public Agency This ` Day of mod.► , 1987 By Secretary of the Board