Title
2016 Interim Financing Document Authorization to Finance Various Capital Improvement Projects
Recommendation
That the Board of Supervisors adopt Resolution #_____ (Attachment 1) authorizing the execution and delivery of certain documents and authorizing certain actions in order to finance various capital improvement projects; approve the Site Lease (Attachment 2) by and between the County of Humboldt and the Humboldt County Public Property Leasing Corporation (HCPPLC) dated July 1,2016 relating to various capital improvement projects, and authorize the County Administrative Officer (CAD) or her designee to execute the agreement substantially in the form presented; approve the Lease Agreement (Attachment 3) by and between the HCPPLC and the County of Humboldt dated July 1, 2016 relating to various capital improvement projects, and authorize the CAO or her designee to execute the agreement substantially in the form presented; approve the Assignment and Purchase Agreement (Attachment 4) by and between the HCPPLC and the Treasurer-Tax Collector (T-TC) of the County of Humboldt dated July 1, 2016, and authorize the T-TC or his designee to execute the agreement acting on behalf of the Humboldt County Treasury Pool substantially in the form presented; and direct the Auditor-Controller to establish fund 3467-2016 Interim Financing fund for tracking and reconciliation of all transactions associated with financing of said projects.