HomeMy WebLinkAboutORD NO 2232ORDINANCE NO. 2232 NEW SERIES
AN ORDINANCE OF THE COUNCIL OF THE CITY OF
BAKERSFIELD APPROVING A FORMAL AGREEMENT
RELATING TO A PUBLIC LEASEBACK, AND THE
EXECUTION THEREOF, BY AND BETWEEN THE CITY
OF BAKERSFIELD AND THE SOUTHEAST BAKERSFIELD
WASTEWATER TREATMENT FACILITIES CONSOLIDATION
CORPORATION.
BE IT ORDAINED by the Council of the City of Bakersfield
as follows:
SECTION 1.
The Lease and Sublease Agreement by and between the City
of Bakersfield and the Southeast Bakersfield Wastewater Treatment
Facilities Consolidation Corporation, which Agreement is a "public
leaseback" as that term is defined by Government Code Section 54240(b),
is approved. Three copies of said Agreement entitled, "City of
Bakersfield and Southeast Bakersfield Wastewater Treatment Facilities
Consolidation Corporation Lease and Sublease," (hereinafter Agree-
ment) are on file with the City Clerk.
SECTION 2.
The Mayor is hereby authorized to execute and the City
Clerk to attest said Agreement; provided, however, that the "base
rent" required by Section 5 of said Agreement does not exceed the
amount specified in Section 3 hereof.
SECTION 3.
The "base rent" required by Section 5 of said Agreement
shall not exceed $403,700.00.
SECTION 4.
This ordinance shall be subject to referendum pursuant
to provisions of Sections 22 and 75 of the Charter of the City of
Bakersfield and the provisions of the Election Code of the State
of California, as the same relate to referendum.
SECTION 5.
The ordinance shall become effective
and after the date of its passage.
thirty days from
.......... 000 ..........
I HEREBY CERTIFY that the foregoing ordinance was passed
and adopted by the Council of the City of Bakersfield at a regular
meeting thereof held on the 9th day of June, 1975, by the
following vote:
AYES: COUNCiLr"N BART;,,, B ..... ER, C, H2',S¥1;~S~it, ' ....... , ROGERS, SCEALE$, ~TRONG
NOES: co:.:;; ~
ABSTAINING COU~CJL~iEN:
CIT~ CLERK and Ex Officio Clerk of the
Council of the Cit~..6f Bakersfield
M~O~ of t~e City of 'Bakersfield
APPROVED as to form:
ATTORNEY of the City ~of Bakersfield
o
Aff av of ostmg ( rhma es
STATE OF CALIFORNIA, f
County of Kern ss.
H. E. BERGEN, being duly sworn, deposes and says:
That he is the duly appointed, acting and qualified City Clerk of the City of Bakersfield; and
that or~ .........................................~.~?.._..1....0.. ..............................................................19....~..5.. he posted on the Bulletin Board
at the City Hall, a full, true and correct copy of an ordinance passed by the Council of said City
at a meeting thereof duly held on ......................~.~..~..~....? ..............................................., 19._~..~..., which ordinance
was numbered ........ ~23~ ...... New Series, and entitled:
AN ORDINANCE OF THE COUNCIL OF THE CITY OF
BAKERSFIELD APPROVING A FORMAL AGREEMENT
RELATING TO A PUBLIC LEASEBACK, AND THE
EXECUTION THEREOF, BY AND BETWEEN THE CITY
OF BAKERSFIELD AND THE SOUTHEAST BAKERSFIELD
WASTEWATER TREATMENT FACILITIES CONSOLIDATION
CORPORATION.
City Cl~k
Subscribed and sworn to before me this
12th day of June ,19 75