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HomeMy WebLinkAbout2006-08-01; Public Financing Authority; 16; Adoption Addition to Rules Regulations Carlsbad Public Financing Authority Procurement of Supplies Services EquipmentCARLSBAD PUBLIC FINANCING AUTHORITY AGENDA BILL 1 AB# MTG. DEPT. 16 08/01/06 CA i ADOPTION OF AN ADDITION TO THE RULES AND REGULATIONS FOR THE CARLSBAD PUBLIC FINANCING AUTHORITY REGARDING PROCUREMENT OF SUPPLIES, SERVICES AND EQUIPMENT DEPT. HEAD CITY ATTY. '/&<L CITY MGR. gg^ RECOMMENDED ACTION: Adopt Resolution No. 21 for the Carlsbad Public Financing Authority (Authority) adopting an addition to the Rules and Regulations for the procurement of supplies, services and equipment for the Carlsbad City Golf Course project. ITEM EXPLANATION: The adoption of the proposed amendment to the rules and regulations for the procurement of supplies, services, and equipment will facilitate implementation and ongoing operation of the Golf Course project while providing for equitable treatment of all persons involved in the purchasing process, to obtain the highest possible value in exchange for public funds, and to safeguard the quality and integrity of the purchasing system. On May 2, 2006, the Board of Directors of the Carlsbad Public Financing Authority authorized the retention of Kemper Sports Management to manage and operate the Carlsbad City Golf Course and improvements. Attached for the Board's review and adoption are recommended rules and regulations for the Golf Course General Manager to utilize in procuring the supplies, services and equipment. The Golf Course General Manager would be authorized to procure supplies, services and equipment, the cost of which are five thousand ($5,000) dollars or less in any one transaction without the use of formal or informal bids. For procurements which cost in excess of five thousand ($5,000) dollars but less than one hundred thousand ($100,000) dollars, the Golf Course General Manager would be required to obtain at least three bids in writing, if possible, to obtain the best value for the Authority when procuring Golf Course supplies, services, and equipment. The Executive Director of the Authority would be authorized to approve the award. For the procurement of goods, supplies, services and equipment, the cost of which is one hundred thousand ($100,000) dollars or more, only the Board of Directors of the Authority would approve the award based upon best value considering all bids received in the informal bidding process. FOR CITY CLERKS USE ONLY. BOARD ACTION: APPROVED DENIED n CONTINUED D WITHDRAWN D AMENDED D CONTINUED TO DATE SPECIFIC D CONTINUED TO DATE UNKNOWN D RETURNED TO STAFF D OTHER - SEE MINUTES D Page 2 These provisions mirror the monetary threshold for the City's purchasing regulations in Title 3 of the Municipal Code, but do not include a requirement for a formal bidding process with sealed bids. FISCAL IMPACT: The adoption of the proposed rules and regulations for the purchase of supplies, services and equipment will have no direct fiscal impact on the operation of the Golf Course Project but should ensure that the Golf Course General Manager obtains the best value for the Authority with regard to such procurements. ENVIRONMENTAL REVIEW: Adoption of the amendment to the Rules and Regulations of the Carlsbad Public Financing Authority is not a project subject to environmental review, as defined by CEQA Guidelines section 15378. EXHIBITS: 1 . Resolution No. 21 adopting an amendment to the Rules and Regulations for the Carlsbad Public Financing Authority. 2. Rules and Regulations (strikeout version) 3 Rules and Regulations (clean version) DEPARTMENT CONTACT: Ronald R. Ball, 760-434-2891 STRIKETHROUGH VERSION RULES AND REGULATIONS OF CARLSBAD PUBLIC FINANCING AUTHORITY ARTICLE I DEFINITIONS; OFFICES AND SEAL Section 1.1. Definitions. All capitalized terms used herein shall have the respective meanings given such terms in the Joint Exercise of Powers Agreement establishing the Authority (the "Agreement"). Section 1.2. Offices. The principal office of the Authority for the transaction of business shall be 1200 Carlsbad Village Drive, Carlsbad, California 92008. The Board may, however, fix and change from time to time the principal office from one location to another within the City of Carlsbad by noting the change of address in the minutes of the meeting of the Board at which the address was fixed or changed. The fixing or changing of such address shall not be deemed an amendment to these Rules and Regulations. Section 1.3. Seal. The Authority shall have a seal, consisting of two (2) concentric circles with the words "Carlsbad Public Financing Authority" and with the date of establishment of the Authority. ARTICLE II COMMISSION Section 2.1. Powers. Subject to the limitations of the Agreement, the terms of these Rules and Regulations, and the laws of the State of California, the powers of this Authority shall be vested in and exercised by and its property controlled and its affairs conducted by the Board of the Authority. 5 Section 2.2. Number. The Board shall have five (5) Directors. The number of Directors may be changed by an amendment of the Agreement. Section 2.3. Election, Tenure of Office and Vacancies. Pursuant to the Agreement, the Board shall consist of the members of the City Council of the City ex officio, unless otherwise changed, as provided in Section 2.03 of the Agreement. The number of Directors may be changed by amendment of this Agreement. The Board shall be called the "Board of the Carlsbad Public Financing Authority". All voting power of the Authority shall reside in the Board. Section 2.4. Compensation. Directors shall serve without compensation but each Director may be reimbursed his or her necessary and actual expenses, including travel incident to his services as Director, pursuant to resolution of the Board. Any Director may elect, however, to decline said reimbursement. Section 2.5. Regular Meetings. Regular meetings of the Board shall be held at the same time as the regular meeting of the City Council as necessary. Section 2.6. Public Meetings. Notice of Meetings. All proceedings of the Board shall be subject to the provisions of the Ralph M. Brown Act, constituting Chapter 9 of Part 1 of Division 2 of Title 5 of the California Government Code, and notice of the meetings of the Authority shall be given in accordance with such Act. Section 2.7. Applicability of the City of Carlsbad Municipal Code. Except as otherwise specifically provided for herein, all actions of the Board of the Authority will be governed by the same procedures as those set forth for the City Council in Title 1, Chapter 1.20 of the Carlsbad Municipal Code, the provisions of which are incorporated herein by reference. Section 2.8. No Liability for Debts. The private property of the Directors shall be exempt from execution or other liability for any debts, liabilities or obligations of the Authority and no Director shall be liable or responsible for any debts, liabilities or obligations of the Authority. Section 2.9. Indemnity by Authority for Litigation Expenses of Officer, Director or Employee. Should any director, officer or employee of the Authority be sued, either alone or with others, because he is or was a director, officer or employee of the Authority, in any proceeding arising out of his alleged misfeasance or nonfeasance in the performance of his duties or out of any alleged wrongful act against the Authority or by the Authority, indemnity for his reasonable expenses, including attorneys' fees incurred in the defense of the proceedings, may be assessed against the Authority or its receiver by the court in the same or a separate proceeding if the person sued acted in good faith and in a manner such person reasonably believed to be in the best interests of the Authority and, in the case of a criminal proceeding, had no reasonable cause to believe the conduct of such person was unlawful. The amount of such indemnity shall equal the amount of the expenses, including attorneys' fees, incurred in the defense of the proceeding. Section 2.10. Conflict of Interest Code. The Board of the Authority shall adopt a local conflict of interest code, and Directors shall file whatever forms, documents and other information are required under the Political Reform Act of 1974 (Gov. Code, Section 18730 et seq.). ARTICLE 111 OFFICERS Section 3.1. Officers. The officers of the Authority shall be a Chairman, a Vice Chairman, an Executive Director, a Treasurer, an Auditor, a Secretary and such other officers as the Board may appoint. When the duties do not conflict, one person, other than the Chairman, may hold more than one of these offices. Officers shall serve and hold office as provided in Article 111 of the Joint Exercise of Powers Agreement. Section 3.2. Subordinate Officers. The Board may elect or authorize the appointment of such other officers than those hereinabove mentioned as the business of the Authority may require, each of whom shall hold office for such period, have such authority and perform such duties as are provided in these Rules and Regulations, or as the Board from time to time may authorize or determine. 7 ARTICLE IV OBJECTS AND PURPOSES Section 4.1. Nature of Objects and Purposes. The business of this Authority is to be operated and conducted in the promotion of its objects and purposes as set forth in the Agreement. Section 4.2. Distribution of Assets During Continuance of Authority. During the continuance of the Authority, it may distribute any of its assets to the Members of the Authority. If for any reason the Members are unable or unwilling to accept the assets of the Authority, said assets shall be distributed to the Federal Government, or to a state or local government for public purposes, or to a nonprofit fund, foundation or corporation which is organized and operated exclusively for charitable purposes. Section 4.3. Dissolution. The Authority may, with the approval of all of the Members, be dissolved if at the time of such dissolution the Authority has no outstanding indebtedness and is not a party to any outstanding material contracts. Upon the dissolution or termination of this Authority, and after payment or provision for payment, all debts and liabilities, the assets of this Authority shall be distributed to the Members of the Authority. If for any reason the Members are unable or unwilling to accept the assets of the Authority, said assets will be distributed to the Federal Government or to a state or local government for public purposes; or to a nonprofit fund, foundation, or corporation which is organized and operated for charitable purposes. ARTICLE V GENERAL PROVISIONS Section 5.1. Payment of Money, Signatures. All checks, drafts or other orders for payment of money, notes or other evidences of indebtedness issued in the name of or payable to the Authority and any and all securities owned by or held by the Authority requiring signature for transfer shall be signed or endorsed by the Chairman or the Auditor or the Treasurer. Section 5.2. Execution of Contracts. The Board, except as in the Agreement or in the Rules and Regulations otherwise provided, may authorize any officer or officers, agent or agents, to enter into any contract or execute any contract or execute any instrument in the name of and on behalf of the Authority and such authority may be general or confined to specific instances and unless so authorized by the Board, no officer, agent or employee shall have any power or authority to bind the Authority by any contract or engagement or to pledge its credit or to render it liable for any purpose or in any amount. ^Section 5.3. Purchasing of Supplies, Services and Equipment, (i) . ~ - ^Formatted: Font: H Pt Procurements of supplies, services and equipment, the cost of which are $5,000 or less in any one transaction, shall be made using simplified and cost effective operational procedures and forms approved by the Executive Director, without the use of formal or informal bids. Procurement requirements shall not be unnecessarily divided so as to substitute several small procurements under this subsection. (ii) In the procurement^qf supplies, services and equipment, the cost , - - \ Formatted: Font: 14 pt of which is in excess of $5,000, the Golf Course General ^Manager, as the ,,-\ Formatted; Font: 14 pt representative of the Golf Course operator^ may solicit bids by written or _ „ - - \ F°""atted: Font: 14 pt oral requests. Responses shall be in writing. When possible, a minimum of three bidders shall be solicited and the award shall be based on best value and shall be awarded by the Executive Director. "Best value" means the . , - { Formatted: Font: H pt best value to the Authority based on all factors including costs, the ability, ~ ~ j Formatted: Font: H pt capacity and skill of the contractor to perform a contract or provide the supplies, services or equipment promptly or within the time specified without delay or interference; the character, integrity, reputation, judgment, experience and efficiency of the contractors; the quality of a contractor's performance on previous purchases with the Golf Course General Manager; ,,-\ Formatted; Font: H pt and the ability of a contractor to provide future maintenance, repairs, parts and services for the use of the supplies purchased, based on all factors, including but not limited to the following: _' Formatted: Font: (Default) Times '' New Roman, 14 pta. Cost; *•>•- ri. '_ , - j Formatted: Indent: First line: 0.5" b. The ability, capacity and skill of a contractor to perform a contract * or provide the supplies, services or equipment required; jt______________________^ ____________„._______.______________ c. The ability of a contractor to provide the supplies, services or equipment promptly or within the time specified without delay or interferences; *-__ — -______„_-____-________ ______ __ _ ________________ _ ___________ d. The character, integrity, reputation, judgment, experience and efficiency of a contractor; e. The quality of a contractor's performance on previous purchases with the city; and A- — _ — — — _____ — — _______ _____________ ______ __„___________________ f. The ability of a contractor to provide future maintenance, repairs, parts and services for the use of the supplies purchased. (iii) The Board of Directors of the Authority shall be the awarding authority for all procurement of goods and services costing more than $100,000. Section 5.4g. Construction of Public Capital Improvements, (i) The Board shall cause Public Capital Improvements to be acquired and constructed pursuant to contracts awarded competitively or on a negotiated basis, whichever the Board determines to be in the best interests of the Authority and its Members, which determination shall be final and incontestable. • -{ Formatted: Indent: Left: 0.5" Formatted: Font: (Default) Times New Roman, 14 pt Formatted: Font: (Default) Times New Roman, 14 pt Formatted: Font: (Default) Times New Roman, 14 pt Formatted: Font: (Default) Times New Roman, 14 pt . \ Formatted: Strikethrough (ii) The Board, when deciding to award contracts on a negotiated, rather than competitive basis, may take into account the following factors: (1) the unique nature, scope and magnitude of the Public Capital Improvement to be constructed; (2) the importance of determining the responsibility of contractors for construction of major components of Public Capital Improvements, including the ability to coordinate with contractors constructing other major components of the same project; (3) the resources and track record of proposing contractors, for the purpose of evaluating experience and past practices, in order to assess the contractor's probable future performance, rather than relying exclusively on the proposed contract amount; (4) a contractor's financial resources, surety and insurance experience, construction experience, completion ability, qualified personnel, quantity of personnel, current workload, number of projects completed on time and within budget, experience in dealing with public agencies, and demonstrated capacity to deal fairly and effectively with and to satisfy reasonable expectations of a public agency with regard to the timely completion of a construction project at or reasonably close to the proposed contract bid price: and (5) a contractor's proposed price for constructing a particular Public Capital Improvement. (iii) The Board may, in the process of negotiating a contract for the construction of a particular Public Capital Improvement, adopt by resolution specific procedures for selection of construction contractors, consistent herewith. Section 5.54. Amendment of Rules and Regulations. These Rules , - - { Formatted: strikethrough and Regulations may be amended at any time and from time to time by majority vote of the Board. I HEREBY CERTIFY that the above and foregoing is full, true and correct copy of a document of the Carlsbad Public Financing Authority, passed and adopted by the Authority. Secretary Carlsbad Public Financing Authority RULES AND REGULATIONS OF CARLSBAD PUBLIC FINANCING AUTHORITY ARTICLE I DEFINITIONS; OFFICES AND SEAL Section 1.1. Definitions. All capitalized terms used herein shall have the respective meanings given such terms in the Joint Exercise of Powers Agreement establishing the Authority (the "Agreement"). Section 1.2. Offices. The principal office of the Authority for the transaction of business shall be 1200 Carlsbad Village Drive, Carlsbad, California 92008. The Board may, however, fix and change from time to time the principal office from one location to another within the City of Carlsbad by noting the change of address in the minutes of the meeting of the Board at which the address was fixed or changed. The fixing or changing of such address shall not be deemed an amendment to these Rules and Regulations. Section 1.3. Seal. The Authority shall have a seal, consisting of two (2) concentric circles with the words "Carlsbad Public Financing Authority" and with the date of establishment of the Authority. ARTICLE II COMMISSION Section 2.1. Powers. Subject to the limitations of the Agreement, the terms of these Rules and Regulations, and the laws of the State of California, the powers of this Authority shall be vested in and exercised by and its property controlled and its affairs conducted by the Board of the Authority. Section 2.2. Number. The Board shall have five (5) Directors. The number of Directors may be changed by an amendment of the Agreement. Section 2.3. Election, Tenure of Office and Vacancies. Pursuant to the Agreement, the Board shall consist of the members of the City Council of the City ex officio, unless otherwise changed, as provided in Section 2.03 of the Agreement. The number of Directors may be changed by amendment of this Agreement. The Board shall be called the "Board of the Carlsbad Public Financing Authority". All voting power of the Authority shall reside in the Board. Section 2.4. Compensation. Directors shall serve without compensation but each Director may be reimbursed his or her necessary and actual expenses, including travel incident to his services as Director, pursuant to resolution of the Board. Any Director may elect, however, to decline said reimbursement. Section 2.5. Regular Meetings. Regular meetings of the Board shall be held at the same time as the regular meeting of the City Council as necessary. Section 2.6. Public Meetings. Notice of Meetings. All proceedings of the Board shall be subject to the provisions of the Ralph M. Brown Act, constituting Chapter 9 of Part 1 of Division 2 of Title 5 of the California Government Code, and notice of the meetings of the Authority shall be given in accordance with such Act. Section 2.7. Applicability of the City of Carlsbad Municipal Code. Except as otherwise specifically provided for herein, all actions of the Board of the Authority will be governed by the same procedures as those set forth for the City Council in Title 1, Chapter 1.20 of the Carlsbad Municipal Code, the provisions of which are incorporated herein by reference. Section 2.8. No Liability for Debts. The private property of the Directors shall be exempt from execution or other liability for any debts, liabilities or obligations of the Authority and no Director shall be liable or responsible for any debts, liabilities or obligations of the Authority. Section 2.9. Indemnity by Authority for Litigation Expenses of Officer, Director or Employee. Should any director, officer or employee of the Authority be sued, either alone or with others, because he is or was a director, officer or employee of the Authority, in any proceeding arising out of his alleged misfeasance or nonfeasance in the performance of his duties or out of any alleged wrongful act against the Authority or by the Authority, indemnity for his reasonable expenses, including attorneys' fees incurred in the defense of the proceedings, may be assessed against the Authority or its receiver by the court in the same or a separate proceeding if the person sued acted in good faith and in a manner such person reasonably believed to be in the best interests of the Authority and, in the case of a criminal proceeding, had no reasonable cause to believe the conduct of such person was unlawful. The amount of such indemnity shall equal the amount of the expenses, including attorneys' fees, incurred in the defense of the proceeding. Section 2.10. Conflict of Interest Code. The Board of the Authority shall adopt a local conflict of interest code, and Directors shall file whatever forms, documents and other information are required under the Political Reform Act of 1974 (Gov. Code, Section 18730 et seq.). ARTICLE 111 OFFICERS Section 3.1. Officers. The officers of the Authority shall be a Chairman, a Vice Chairman, an Executive Director, a Treasurer, an Auditor, a Secretary and such other officers as the Board may appoint. When the duties do not conflict, one person, other than the Chairman, may hold more than one of these offices. Officers shall serve and hold office as provided in Article 111 of the Joint Exercise of Powers Agreement. Section 3.2. Subordinate Officers. The Board may elect or authorize the appointment of such other officers than those hereinabove mentioned as the business of the Authority may require, each of whom shall hold office for such period, have such authority and perform such duties as are provided in these Rules and Regulations, or as the Board from time to time may authorize or determine. ARTICLE IV OBJECTS AND PURPOSES Section 4.1. Nature of Objects and Purposes. The business of this Authority is to be operated and conducted in the promotion of its objects and purposes as set forth in the Agreement. Section 4.2. Distribution of Assets During Continuance of Authority. During the continuance of the Authority, it may distribute any of its assets to the Members of the Authority. If for any reason the Members are unable or unwilling to accept the assets of the Authority, said assets shall be distributed to the Federal Government, or to a state or local government for public purposes, or to a nonprofit fund, foundation or corporation which is organized and operated exclusively for charitable purposes. Section 4.3. Dissolution. The Authority may, with the approval of all of the Members, be dissolved if at the time of such dissolution the Authority has no outstanding indebtedness and is not a party to any outstanding material contracts. Upon the dissolution or termination of this Authority, and after payment or provision for payment, all debts and liabilities, the assets of this Authority shall be distributed to the Members of the Authority. If for any reason the Members are unable or unwilling to accept the assets of the Authority, said assets will be distributed to the Federal Government or to a state or local government for public purposes; or to a nonprofit fund, foundation, or corporation which is organized and operated for charitable purposes. ARTICLE V GENERAL PROVISIONS Section 5.1. Payment of Money, Signatures. All checks, drafts or other orders for payment of money, notes or other evidences of indebtedness issued in the name of or payable to the Authority and any and all securities owned by or held by the Authority requiring signature for transfer shall be signed or endorsed by the Chairman or the Auditor or the Treasurer. Section 5.2. Execution of Contracts. The Board, except as in the Agreement or in the Rules and Regulations otherwise provided, may authorize any officer or officers, agent or agents, to enter into any contract or execute any contract or execute any instrument in the name of and on behalf of the Authority and such authority may be general or confined to specific instances and unless so authorized by the Board, no officer, agent or employee shall have any power or authority to bind the Authority by any contract or engagement or to pledge its credit or to render it liable for any purpose or in any amount. Section 5.3. Purchasing of Supplies, Services and Equipment, (i) Procurements of supplies, services and equipment, the cost of which are $5,000 or less in any one transaction, shall be made using simplified and cost effective operational procedures and forms approved by the Executive Director, without the use of formal or informal bids. Procurement requirements shall not be unnecessarily divided so as to substitute several small procurements under this subsection. (ii) In the procurement of supplies, services and equipment, the cost of which is in excess of $5,000, the Golf Course General Manage, as the representative of the Golf Course operator, may solicit bids by written or oral requests. Responses shall be in writing. When possible, a minimum of three bidders shall be solicited and the award shall be based on best value and shall be awarded by the Executive Director. "Best value" means the best value to the Authority based on all factors including costs, the ability, capacity and skill of the contractor to perform a contract or provide the supplies, services or equipment promptly or within the time specified without delay or interference; the character, integrity, reputation, judgment, experience and efficiency of the contractors; the quality of a contractor's performance on previous purchases with the Golf Course General Manager; and the ability of a contractor to provide future maintenance, repairs, parts and services for the use of the supplies purchased, based on all factors, including but not limited to the following: a. Cost; b. The ability, capacity and skill of a contractor to perform a contract or provide the supplies, services or equipment required; c. The ability of a contractor to provide the supplies, services or equipment promptly or within the time specified without delay or interferences; d. The character, integrity, reputation, judgment, experience and efficiency of a contractor; e. The quality of a contractor's performance on previous purchases with the city; and f. The ability of a contractor to provide future maintenance, repairs, parts and services for the use of the supplies purchased. (iii) The Board of Directors of the Authority shall be the awarding authority for all procurement of goods and services costing more than $100,000. Section 5.3. Construction of Public Capital Improvements, (i) The Board shall cause Public Capital Improvements to be acquired and constructed pursuant to contracts awarded competitively or on a negotiated basis, whichever the Board determines to be in the best interests of the Authority and its Members, which determination shall be final and incontestable. (ii) The Board, when deciding to award contracts on a negotiated, rather than competitive basis, may take into account the following factors: (1) the unique nature, scope and magnitude of the Public Capital Improvement to be constructed; (2) the importance of determining the responsibility of contractors for construction of major components of Public Capital Improvements, including the ability to coordinate with contractors constructing other major components of the same project; (3) the resources and track record of proposing contractors, for the purpose of evaluating experience and past practices, in order to assess the contractor's probable future performance, rather than relying exclusively on the proposed contract amount; (4) a contractor's financial resources, surety and insurance experience, construction experience, completion ability, qualified personnel, quantity of personnel, current workload, number of projects completed on time and within budget, experience in dealing with public agencies, and demonstrated capacity to deal fairly and effectively with and to satisfy reasonable expectations of a public agency with regard to the timely completion of a construction project at or reasonably close to the proposed contract bid price: and (5) a contractor's proposed price for constructing a particular Public Capital Improvement. (iii) The Board may, in the process of negotiating a contract for the construction of a particular Public Capital Improvement, adopt by resolution specific procedures for selection of construction contractors, consistent herewith. Section 5.4. Amendment of Rules and Regulations. These Rules and Regulations may be amended at any time and from time to time by majority vote of the Board. I HEREBY CERTIFY that the above and foregoing is full, true and correct copy of a document of the Carlsbad Public Financing Authority, passed and adopted by the Authority. Secretary Carlsbad Public Financing Authority 1 2 3 4 5 6 "Authority", was formed at the City Council meeting of April 18, 2000; and WHEREAS, the Authority is charged with adopting rules and 8 regulations, and procurement procedures; and 9 WHEREAS, the Authority hereby finds it necessary, desirable and in10 11 12 13 18 19 20 21 23 24 25 26 27 28 \ RESOLUTION NO. 21 A RESOLUTION OF THE CARLSBAD PUBLIC FINANCING AUTHORITY ADOPTING AN AMENDMENT TO THE RULES AND REGULATIONS FOR THE PROCUREMENT OF SUPPLIES, SERVICES AND EQUIPMENT FOR THE CARLSBAD CITY GOLF COURSE PROJECT WHEREAS, the Carlsbad Public Financing Authority, hereafter the the public interest to adopt said amendment to rules and regulations, for the procurement of supplies, services and equipment. NOW, THEREFORE, BE IT RESOLVED by the Board of Directors of the Carlsbad Public Financing Authority as follows: 15 1. That the above recitations are true and correct. 16 2. That the attached amendment to the rules and regulations are 17 hereby adopted by the Authority. 3. That Kemper Sports Management is authorized to carry out the purpose and intent of this Resolution in its management and operation of the Carlsbad City Golf Course. 22 Illl 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 PASSED, APPROVED AND ADOPTED at a Special Meeting of the Carlsbad Public Financing Authority held on the 1 st day of August, 2006, by the following vote: AYES: Board Members Lewis, Hall, Kulchin, Packard, NOES: Sigafoose ABSENT: None irman of the Board ATTEST: LORRAINE M. WOOD, Secretary*