1992 AGN JAN 21 I26 - Laserfiche WebLink

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CITY OF COLTON AGENDA REPORT For Council Meeting of January 21, 1992 TO: Honora4ory Co ncil FROM: n ger SUBJECT: ReCity Council of Colton Approving Date: January 15, 1992 A Certain Amendment No. 1 to Amended Joint Exercise of Powers Agreement Creating the Inland Valley Development Authority and kescinding Its Resolution No. R-120-91 and Certain Actions Taken In Connection Therewith BACKGROUND: The Inland Valley Development Agency ("IVDA") was previously formed by and amongst the City of San Bernadino, the County of San Bernardino, the City of Loma Linda and the City of Colton. It was formed for the purpose of determining whether the redevelop- ment of Norton Air Force Base ("NAFB") and properties adjacent and in proximity thereto would be feasible for the purposes of preserving and creating employment opportunities necessitated by the announced closure of NAFB. In furtherance of its goals, the IVDA has previously adopted its Redevelopment Plan for the Inland Valley Redevelopment Project. In connection with the formation of the IVDA, the City of Colton and the other parties who are Members of the IVDA entered into a certain Amended Joint Exercise of Powers Agreement which created the IVDA, set forth the IVDA's purpose and the powers and addressed the administrative procedures to be followed by the IVDA. ANALYSIS The IVDA Board has deemed it desirable to amend the Amended Joint Exercise of Powers Agreement in order to make certain technical modification to the Agreement with respect to the voting powers of the members in connection with their administration of the IVDA's activities. Specifically, the Amendment proposes that each Member on the IVDA with two (2) votes shall have two Board Members who shall each have one (1) vote and that a Member with three (3) votes shall have three Board Members with one (1) vote each. In the event a Board Member is not present to cast a vote, his or her alternate may cast a vote in their place. The proposed Amendment further provides that unless otherwise designated in the Amended Joint Exercise of Powers Agreement, any actions of the IVDA would require the affirmative vote of a majority of all Members of the IVDA. In addition, the proposed Amendment Attachments: 2 Page 1 of 2_ Item No. C;4 FILE N'O—M-.............,,...