Laserfiche WebLink
• <br />RESOLUTION NO. 2000- 15 <br />CERTIFICATE OF ADOPTION OF AUTHORIZING RESOLUTION <br />The undersigned is the duly appointed or elected official of the City of Newport Beach, <br />including B of A - City of Newport Beach and Newport Beach Library (the "Option A Pool <br />Participant "). At a duly held meeting of the City Council of the foregoing Option A Pool <br />Participant held on February 8, 2000, the following resolutions were duly adopted. <br />Whereas, the City of Newport Beach, including B of A - City of Newport Beach and <br />Newport Beach Library is an Option A Pool Participant, as that term is defined in the Second <br />Amended Plan of Adjustment ( "Plan ") for the County of Orange ( "County"); <br />• Whereas, the Representative, as that term is used in the Plan, has served a Notice of <br />Motion and Motion of the Representative for Order Approving (1) Distribution of Net <br />Litigation Proceeds; (2) Distribution in Respect of Assigned Excluded Claims; (3) The <br />Representative's Fee; (4) Certain Other Actions of the Representative; and (5) The <br />Representative's Final Report ( "Final Report Motion "); <br />• <br />Whereas, the Pool Committee and the County have served a Notice of Motion and <br />Joint Motion for Order Approving Compromise Regarding Additional Funds and <br />Reclassification of Claims ( "Additional Funds Motion "), which motion describes the proposed <br />division of certain "Additional Funds "; and <br />Whereas, the City of Newport Beach, including B of A - City of Newport Beach and <br />Newport Beach Library is entitled to a distribution of Net Litigation Proceeds, Additional <br />Funds and other funds as described in the Final Report Motion and the Additional Funds <br />Motion; <br />50083245VI <br />