HomeMy WebLinkAbout1998-03-16 City Council (47)TO:
FROM:
City
City of Palo Alto
Manager’s Report
HONORABLE CITY COUNCIL
CITY MANAGER DEPARTMENT: PUBLIC WORKS
5
DATE:
SUBJECT:
MARCH 16, 1998 CMR:165:98
APPROVAL OF ADDENDUM NO. 6 TO THE WATER QUALITY
CONTROL PLANT PARTNERS’ BASIC AGREEMENT TO:
INCREASE THE ANNUAL ONGOING CAPITAL IMPROVEMENT
BUDGET CAP; DEFINE PARTNER OBLIGATIONS WITH
REGARDS TO REIMBURSING PALO ALTO FOR COSTS FOR
INCINERATOR REHABILITATION
REPORT IN BRIEF
Following Council’s direction to proceed with the financial planning for the rehabilitation
of the RWQCP’s incinerators, staff is submitting Addendum No.6 to the Partners’ agreement
for Council’s approval.
The RWQCP partners (the cities of Palo Alto, Mountain View, and Los Altos) are
responsible for financing the project. The financial advisor and Partners’ staff recommend
that the project be bond funded to spread the cost to ratepayers over a number of years. The
City of Palo Alto will be the lead agency in issuing the debt. The addenduni to the Partners’
agreement is needed prior to bond sale to.clarify the financial obligations among the Partner
agencies.
The addendum also increases the cap for the ongoing capital improvement budget. The-
existing cap is ambiguous and is based on the original value of the RWQCP. The capital
improvement program will continue to be reviewed by the Partner agencies prior to approval
by Palo Alto City Council.
CMR:165:98 Pa~e 1 of 5 -
RECOMMEI~DATION
Staff recommends that Council:
Direct staff to proceed with the necessary steps to obtain bond financing for
rehabilitating the incinerators at the Water Quality Control Plant (RWQCP). Bond
financing would occur concurrently with the beginning of construction, approximately
August 1999. Prior to the bond sale, staff will return to Council for approval of the
bond documents.
Approve and authorize the Mayor to execute Addendum No. 6 to the Basic Partners
Agreement between the City of Palo Alto, the City of Mountain View, and the City of
Los Altos. Addendum No. 6 increases the annual budget cap for ongoing capital
improvements, and defines Partner obligations to reimburse Palo Alto for the future
costs of debt service for bond financing of RWQCP incinerator rehabilitation project.
BACKGROUND
The City disposes of solid wastes treated by the RWQCP by means of incineration. In May
1996 (CMR:278:96), Staff reported to Council that a recent study had concluded "the
incinerators (at the Plant) have reached the end of their economic life, and that major
rehabilitations are required if the RWQCP is to continue with incineration."
Council approved staff’s selection of the consulting firms CH2M Hill and Kennedy Jencks
to prepare a Solids Facility Plan (Plan) for the RWQCP. The Plan examined the issues and
solutions for continued use of incineration, and evaluated other technologies that replace
incineration.
In May 1997, staff returned to Council (CMR:236:97) with the results of the Plan. The Plan
was approved by Council, and included:
A two-phase project to rehab.ilitate the existing incienerators immediately, and in ten
years potentially add a dryer for peak loads if and when needed.
Direction for staff to proceed with financial planning to implement the incinerator
rehabilitation.
Direction to obtain Partners’ approval of the necessary addendum to the existing
Partners’ agreement and financial package needed to implement the Plan.
The Partners’ Agreement was originally written in 1968, and has been amended five times
to date. Changes are needed to clarify various financial obligations now that the City of Palo
Alto is preparing to rehabilitate the RWQCP.
CMR: 165:98 Page 2 of 5
DISCUSSION
Staff met several times with the partner agencies staff to discuss the funding of the project,
and has obtained the advice of a financial advisor, Stone and Youngberg. The financial
advisor and Palo Alto’s outside counsel attended two meetings with the Partner agencies’
staff.
Given the size of the improvements, and the need to spread the cost to ratepayers over a
number of years, and given the varying levels of wastewater financial reserves currently
available to the different Partner cities, staff recommends that the improvements be bond
funded. As has been done in a previous debt issuance in early 1980, staff recommends that
the City of Palo Alto, as the operator of the RWQCP, be the lead agency in issuing the debt.
This approach was unanimously agreed to by the staff from all Partner agencies. Staff
anticipates selling bonds prior to construction, approximately May 1999. Palo Alto has
sufficient funds in its Wastewater Treatment Fund reserve for the design itself, and will be
reimbursed from bond proceeds later. The attached Addendum requires that the Partner
agencies reimburse Palo Alto for their share of the bond costs, including the front design
costs, over the life of the bonds. The approximate cost for the design is $700,000, and is
included in the proposed FY 1998-99 capital budget for the Wastewater Treatment Fund.
In order to clarify the financial obligations among all Partner agencies, staffhas worked with
the City Attorney’s Office and outside counsel to amend the current Partner’s agreement.
That addendum is attached to this report and is being submitted to Council for approval.
Staff from the other Partner agencies are also taking this addendum to their respective
Councils concurrently.
Major provisions of the addendum include the following:
The revision of the annual capital improvement budget cap for ongoing repair and
replacement. It will now be set at a base level of $1.9 million for 1998-99, and will be
adjusted annually by the Consumer Price Index (CPI). The existing cap is ambiguous,
and is based on the original value of the RWQCP. This change is needed to provide for
more budget flexibility in the future.
The annual capital improvement program will continue to be reviewed by staff from
each Partner agency prior to submission to the Palo Alto City Council.
Authorization for the City of Palo Alto to implement the Solids Facility Plan, lncluding
rehabilitation of the incinerators. Each Partner city is responsible to pay Palo Alto for
its proportionate share of the rehabilitation.
o Authorization for the City of Palo Alto to issue debt to pay for the rehabilitation, and
requiring the Partners to pay Palo Alto for their proportionate share of the debt service.
CMR:165:98 Page 3 of 5
Because Palo Alto will issue the debt, it must covenant in its bond documents to raise
sufficient revenues to meet annual debt service requirements. All of the requirements
below are legal commitments that the Partners are making to each other, and are
consistent with the legal commitments Palo Alto will have to make in its bond
documents in order to issue debt.
a)
b)
In order to protect the City of Palo Alto, and to reassure potential investors, the
Partner agencies are required by this addendum to raise sewer revenues sufficient
to pay their share of the debt service to Palo Alto in the future. These
clarifications will make the debt less risky to investors, and therefore will help the
City of Palo Alto obtain the highest rating it can get for the bonds. This will lower
the interest rate, and therefore will lower the financing costs for the bonds. Based
on discussions with Stone and Youngberg, staff expects that the bonds can be sold
at around a double A rating.
Specifies that while the bonds are to be issued by Palo Alto, the Partners will
reimburse Palo Alto annually for an amoun-(equal to their share of the debt
service.
c)Defines the annual Parmer obligations to Palo Alto as special obligations payable
"solely from the net revenues" of the Partners’ sewer systems. (The obligations
are therefore not general obligations of the Partner cities).
d)
e)
States that the obligations of Mountain View and Los Altos are unconditional until
the time that debt service is paid off.
Obligates the cities of Mountain View and Los Altos to collect sufficient sewer
revenues to pay for at least 1.25 times the annual debt service requirement.
g)
Clarifies that for as long as this debt is still outstanding, no party may issue sewer
bonds for its own City that are superior in credit obligation to this debt obligation.
Parity debt, or debt equal in stature to creditors to this debt may be issued
provided that the Partner city continues to collect revenues at least 1.25 times its
total level of debt service. Clarifies that revenue growth due to sewer expansions
by Partner cities, such as a new development, may be counted towards the revenue
requirement of 1.25 times debt service.
Clarifies that neither Mountain View nor Los Altos are liable for each other’s
obligations to Palo Alto.
RESOURCE IMPACT
Funds for the capital improvements are being proposed in the 1998-99 Wastewater Treatment
capital improvement budget. 1998-99 funding includes $700,000 for design, and future
years’ capital budgets will include construction dollars. Those dollars and design costs, will
CMR: 165:98 Page 4 of 5
be reimbursed out of bond proceeds in approximately August 1999. Capital expenditures for
design and construction are estimated to cost a total of approximately $6.2 million.
ENVIRONMENTAL REVIEW
On February 23, 1998, Council approved the Negative Declaration and the project to
rehabilitate the RWQCP’s incinerators, CMR: 141:98.
TIMELINE
Attached is a rough timeline for the project:
City Councils of Partner cities approve addendum
Palo Alto awards design contract
Final design completed
Sell bonds
Begin construction
Finish construction on incinerators
March 1998
April 1998
February 1999
August 1999
August 1999
August 2001
POLICY IMPLICATIONS
The recommendation of this staff report is consistent with City policies.
ATTACHMENTS
Addendum No. 6 to Basic Agreement
PREPARED BY:Bill Miks, Manager RWQCP
Jim Steele, Manager Investments and Debt
DEPARTMENT HEAD: Glenn S. :l~berts, Directo_r o~P.~ublic Works
Melissa " ~)gr of Administrative Services
CITY MANAGER APPROVAL:
CMR: 165:98 Page 5 of 5
ADDENDUM NO. 6 TO BASIC AGREEMENT BETWEEN THE
CITY OF PALO ALTO, THE CITY OF MOUNTAIN VIEW
AND THE .CITY OF LOS ALTOS FOR ACQUISITION,
CONSTRUCTIO~ AND MAINTENANCE OF A JOINT SEWER
SYSTEM
This Addendum No.’ 6 to Basic Agreement is made and
entered into on , 1998, by and ~mong the CITY
OF PALO ALTO ("Palo Alto"), the CITY OF MOUNTAIN VIEW ("Mountain
View"), and the CITY OF LOS ALTOS ("Los Altos") (individually,
"Party~, and collectively, ~ the "Parties") , all municipal
corporahions under the laws of the State of California.
i. The Parties have entered into an agreement for the
acquisition, construction, and maintenance of a joint sewer system
("Joint Sewer"), executed on October I0, 1966, and as amended from
time to time ("Basic Agreement"). The Basic Agreement has been
amended five times-on 1977, 1980, 1985, 1990 and 1992, respectively
(collectively, "Addenda").
2, Palo Alto is the administrator of the Joint Sewer
and is responsible for capital additions. Under the Basic
Agreement and Addenda thereto, capital additions for the
replacement of obsolete .or worn-out units or minor capital
additions to improve the efficiency of the plant operations shall
not exceed two percent (2%) of the total capital investment in any
one year, except with the prior written approval of the Parties
hereto.
3. .The Solids Management Study of June 1995 prepared by
Carollo Engineers concluded that the incineration facility needs to
be rebuilt or replaced. The Solids Facility Plan of May 1997
¯ prepared by CH2M HILL recommended a two-phase project to reb~ild
the existing incineration facility portion of the Joint Sewer. The
Parties desire to implement the recommended project, and,
accordingly, hereby revise the Basic Agreement and the Addenda
thereto, to provide for the rehabilitation of the incinerator
facility portion of the Joint System, and ±ncrease the total
capita! investment in capital additions.
980304
NOW, THERgFORE, in consideration of the terms, conditions
and covenants set forth in this Addendum Noo ~ to Basic Agreement,
the Basic Agreement is hereby amended as follows:
$~F~¢TION i, Subparagraph 8(e) is hereby amended in its
entirety to read as follows:
2
"8 .SHAR,,~NG OF COSTS OF AC_O,UI$1TION .....CONSTRUCTION.
MODIFICAT~O.~._~AND REHABILITATION OF THE JOINT _~=~J.
(e) Capital additions for the replacement of obsolete or
worn-out units, or minor capital additions to improve the
efficiency of the plant operations, shall not exceed the amount
specified for the base year adjusted annually in accordance with
the Consumer Price Index-Urban Wage Earners and Clerica! Workers
for the San Francisco-oakland-San Jose area ("CNI"). The base year
shall be fiscal year 1998-1999. The capital addition amount for
the base year is set at 1.9 million dollars. The CPI for the
twelve (12) months prior to July’of each fiscal year shall be used
to calculate the adjusted.capital addition cost for the following
fiscal year."
SECTION 2. Paragraph 36 is hereby added to the Basic
Agreement to read as follows:
’~36. IMPSEME TATiO!L__0_K THE SOLIDS FAC[J~..~TY PLAN.~ PALO
ALTO, MOUNTAIN VIEW, and LOS ALTOS approve a two-phase project to
immediately rehabilitate the incinerators as soon as possible and
add a dryer for peak loads in approximately ten (i0) years in
accordance with the Solids Facility. Plan prepared by CH2M Hill,
consulting engineers. The funding for the incinerator
rehabilitation will be developed as soon as possible by each of the
Parties, while the funding for the dryer will be deferred until
needed.’ As determined by each Party, each Party shall proceed to
pay for the rehabilitation of the incinerators in proportion as the
Parties own capacity in the Joint System or portion thereof as
shown in Exhibit "H". If the Parties intend to defray the costs of
rehabilitation through Palo Alto’s issuance of debt for the
rehabilitation, the Parties shall pay to Palo Alto their
Proportionate Share of Debt Service in accordance with Addendum 4
of the Basic Agreement, as revised by Section 3 of this Addendum
SECTION ~. Section 5 of Addendum 4 to the Basic
ANreement is hereby amended in its entirety to read as follows:
"(a) ~_~initions. For purposes of this Section 5, the
following capitalized terms shall have the meanings set forth
below.
’Bond Documents’ means the bond resolutions, indentures,
t~ust agreements, installment sale agreements or other documents
under which Bonds are issued.~
’Bonds’means bonds, installment sale agreements or other
obligations already issued or to be issued by the City of Palo Alto
to finance improvements, additions or ex.tensions to the Joint
System, payable from the ’Net Revenues’, as defined in th~ Bond
Documents.
’Debt Service’ means, for any period in question, the sum
of the debt service on the Bonds due and payable in such period.
’Gross Revenues’ means all gross income and revenue
received by either Mountain View or Los Altos from the ownership
and operation of its Sewer System, including, without limiting the
generality of the foregoing, (a) all income, rents, rates, fees,
connection fees, charges or other moneys derived from the services,
facilities and commodities sold, furnished or s~plied through the
facilities of its Sewer System, (b) reserves on deposit in the
sewer utility enterprise fund of Mountain View or Los Altos, as
’appropriate, including unrestricted cash available and (c) the
earnings on and income derived from the investment of such income,
ren£s, rates, fees,~ charges or other moneys to the extent that the
use of such earnings and income is limited by or pursuant to the
law to its sewer System (including interest earnings on reserves);
’provided, however, that the term ’Gross Revenues’ shall not include
customers’ deposits or any other deposits subject to refund until
such deposits have become the property of Mountain View or Los
Altos, as appropriate.
’Joint System’ has the meaning given to said term in the
Basic Agreement.
’Net Reve~es’ means Gross Revenues less Operation and
Maintenance Expenses.
’Operation a~dMaintenance Expenses’ means all expenses
and costs of ~anagement, operation, maintenance and repair of a
Sewer System, but excluding debt service or other similar payments
on parity Debt or other .obligations and depreciation and
obsolescence Charges or reserves therefor and amortization of
intangibles or other b0okkeepi~g entries of a similar nature, and
any expense classified as discretionary by Mountain View or Los
Altos to the operation of its Sewer System.
’Parity Debt’ means bonds, indebtedness or other
ob!ig~tions (including leases and installment sale agreements)
hereafter issued’or incurred by Mountain View or Los Altos and
secured by a pledge of and.lien on Net Revenues equally arid ratably
with Mountain View’s or ’Los Altos’s Proportionate Share of Debt
-Service.
’Party’ means the City of Palo Alto, Mountain View or Los
Altos. ’Parties".means the Cities of Palo Alto, Mountain View and
Los Altos.
’Proportionate Share’ has the meaning given to said term
in the Basic Agreement.
’Sewer System’ means any and all properties and assets,
real and personal, tangible and intangible, of Mountain View or Los
Altos, now or hereafter existing, used or pertaining to the
disposal or reuse of wastewater, including sewage treatment plants,
intercepting and collecting sewers, outfall sewers, force mai,]s,
pumping stations, ejector stations, pipes, valves, machinery and
all other appurtenances necessary, useful or convenient for the
collection, treatment, purification or disposal of sewage, and any
necessary lands, rights of way and other real or personal property
~seful in connection therewith, and all additions, extensions,
expansions, improvements and bettermenZs thereto and equippings
thereof.
’Subordinate Debt’ means indebtedness or other
obligations (including leases and installment sale agreements)
he~eafter issued or incurred by Mountain View or Los Altos and
secured by a pledge of and lien on Net Revenues subordinate to the
obligation of Mountain View or Los Altos to pay its Proportionate
Share of Debt Service.
" (b) Issu~nce__Q]. Bonds by Pa/o~Alto; Speq.~%l Obliaat~_n,ns _
.of Mountain Yiew and Los_Altos.
Palo Alto has issued Bonds to finance the Joint System,
and expects to issue Bonds in the future to financ~ improvements to
the’Joint System. Under the Bond Documents, Palo Alto is obligated
to pay 100%.of the Debt Service. In consideration of the issuance
and payment of the Bonds by Palo Alto to finance the Joint system,
Mountain View and Los Altos agree to pay their proportionateShare
of Debt Service, payable solely from Net Revenues, as hereinafter
proyided.
5
Mountain View,s and Los Altos’s obligation to pay their
Proportionate Share of Debt Service shall be a special obligation
limited solely to Net Revenues. Under no circumstances shall
Mountain View or Los Altos be required to’ advance any moneys
derived from any source of income other th~n the Net Revenues ani
~ther sources specifically identified here~n for the payment of
their’ Proportionate Share of Debt Service, nor shall any other
funds or prcpert.y of Mo~ntain View or Los Altos be liable for the
payment of their Proportionate Share of Debt Service.
The obligation of Mountain View and Los Altos to pay
their Proportionate Share of Debt Service from Net Revenues and to
perfor~ and observe the other agreements contained herein shall be
absolute and unconditional and shall not be subject to any defense
or any right of set-off, counterclaim or recoupment arising out of
any breach of ~ Party of any obligation to another Party or
otherwise with respect to either of thei~r~Sewer systems, whether
hereunder or otherwlse, or out of indebtedness or liability at any
time owing ~o Mountain View or Los Altos by another Party. Until
sllch time as all of the Debt Service shall have been fully paid or
prepaid, Mountain View and Los Altcs (a) will not suspend, abate,
or discontinue any payments provided for herein, (b) will perform
a:id observe all other agreements contained in this Agreement, and
(c) wi.ll not terminate this Agreement for any cause, including,
without limiting the generality of the foregoing, the occurrence of
any acts or circumstances that may constit~te failure of
consideration, eviction or constructive eviction, destruction of or
damage to their Sewer Systems, the taking by eminent domain of
title to or temporary use of any or all of either of their Sewer
Systems, commercial frusSration of purpose, any change i~l th~ tax
or other laws of the united States of America or of the State or
any political subdivision of either thereof or any failure of a
Party to perform and observe any agreement, wheZher express or
i~Iplied, or any duty, l±ability or obl±gation arising out of or
connected with this Agreement,
" (c) Pledge of .Net Revenues.
(i) Pledge of Net Revenues. Mountain View and Los
Altos hereby agree that the payment of their Proportienate Share of
Debt Service shall be secured hy a pledge, charge and first and
prior lien upon their Net Revenues, and Net Revenues sufficient to
pay their proportionate Share of Debt Service as the same becomes
due and payable are hereby pledged, charged, assigned, transfegred
and. set over by Los Altos an/ Mounta£n View to Palo Alto and
assigns for the purpose of securing payn~ent of their Proportionate
Share of Debt Service. The Net Revenues shall constitute a trust
fund for the security and payment ~o£ Mountain View’s and Los
Altos’s Proportionate Share of Debt Service,
(ii) Release from Lien. Following the payments by
N3untain View and Los Altos to Palo Alto o~ the±r Proportionate
5hnre of Debt Service, Net Revenues in excess of amounts reqtlired
for the payment of such Proportionate Share of Debt Service, in
that Fiscal Year, shall bereleased from the lien of this Agreement
an~ shall be available for any lawful purpose of Mountain View or
Los Altos, as applicable.
"(d} ~a~e Covenant.
Mountain View and Los Altos hereby covenant that they
shall p[escribe, revise and collect such charges for the services
and facilities of their respective Sewer Systems which, after
allowances for contingencies and error in the estimates, shall
produce Gross Revenues sufficient’in each Fiscal Year to provide
Net Revenues equal to 1.25 times ’(i) their Proportionate Share of
Debt Service co~ling due and payable during such Fisca! Year, and
(ii) all payrnents required with respect to Parity Debt.
"(e)
(i) No obligations Superior to Debt Service. In
order to protect further the availability of the Net Revenues and
the security for the D~bt Service, Mountain View and Los Altos
hereby agree that they shall not, so long as any Bonds are
outstanding, issue or incur any obligations payable from Gross
Revenues or Net Revenues superior to their obligation to pay their
Proportionate Share of Debt Service.
(ii) Parity Debt. Mountain View and Los Altos
further covenant that, except for obligations issued or incurred to
refund any obligations secured by Net Revenues, they shall not
issue or incur any Parity Debt unless:
(A)The Party proposing to issue the
Parity Debt is not in default under
the terms of this Agreement; and
Net Revenues, calculated on sound
accounting principles, as shown by the
books of the Party proposing to issue
7
the Parity Debt, for the latest Fiscal
Year or any more recent twelve (12)
month period selected by the Party
proposing to issue the Parity Debt
ending not more than sixty (60) days
prior to the adoption of the
resolution pursuant to which
instrument such Parity Debt is issued
or incurred, as shown by the books of
the Party proposing to .issue the
Parity Debt, shall have imounted to at
least I.~5 times such Party’s maximum
Proportionate Share of Debt Service,
plus, maximum annual debt service on
such Party’s Parity Debt coming due
and payable in any future Fiscal Year.
(iii) Adjustment to Net Revenues. Either or both
of the following items may be added to such Net Revenues for. the
purpose of applying the .restriction contained in subsection (ii) (B)
of this subsection (e):
An allowance for revenues from any
additions to or improvementm or
extensions of the Sewer System to be
constructed with the proceeds of such
additional obligations, and also for
Net Revenues from any such additions,
improvements or extensions which h~ve
been constructed from any source of
funds but which, during all or any
part.of such Fiscal Year, were not in
service, all in an amount equal to
estimated additional average annual
Net Revenues to be derived from such
additions, improvements and extensions
for the first 36-month period
following issuance of the ~proposed
Parity Debt, all as shown by the
mertificate or opinion of a qualified
~ndependent consultant en~ployed by
Mountain View o~ Los Altos, as
appropriate.
An allowance for earnings arising from
any~ increase in the charges made for
service from the Sewer System which
has become effective prior to the
incurring ~f such additional
obligations but which, during all or
any part of such Fiscal Year, was not
in effect, in an amount equal to !00%
of the amount by which the Net.
Revenues would have been increased if
such increase in charges had been in
effect during tile whole of such Fiscal
Year and any period prior to the
incurring of such additional
obligations, as shown by the
certificate or opinion of a qualified
independent consultant employed by
Mountain View or Los Altos, as
appropriate, or upon the mutual
agreement of the other parties.
(iv) Subordinate Debt. Mountain View and Los Altos
may issue~or incur Subordinate Debt so long as it is not in default
hereunder or under any Parity Debt.
"(f) Compliance W~th Law.
The Parties agree that they shall co[~ply with provisions
of the Constitution and laws of th~ State of California, ~ncluding
specifically Article XIIIC and Article XIIID of the California
Constitution. In the event a Party fails to comply with the
foregoin~ covenant, any other Party may bring an action against the
Party in breach, and seek all remedies available at law or in
equity, including specific performance.
Neither Mountain View nor Los Altos shall be.liable for
the debts or obligations of another Party pursusnt to this Section
5, and nothing contained in this Section 5 is intended, nor shall.
it be interpreted, to create joint mnd several liability of
Mo~ntgin View or Los A].tos."
~.ECTION 4, Except as herein modified, the Basic
Agreement and all A4denda thereto shall remain unchanged, and ti~ey
are hereby ratified and confirmed.
//
÷ (z~030.; 1~¢ 00~ 1915
II
II
II
IN WITNESS WHZRZOF, the parties have by their duly
authorized representatives executed this Amendment oll the date
first above written.
ATTEST:CITY OF PALO ALTO
City Clerk
APPROVED AS TO FOR!4:
Mayor
Senior Asst. City Attorney
APPROVED:
Assistant City Manage~
Director of Public Works
ActinH Director of
Administrative Services
Kisk ManaHer
ATTEST:CITY OF MOUNTAIN VIEW
City Clerk
APPROVED AS TO FORM:
City Attorney
City Manager
APPROVED AS TO CONTENT:
Public Services Directcr
i0
FINANCIAL APPROVAL~
Finance and Administrative
Services Director
ATTEST:C~TY OF LOS ALTOS
City Clerk
APPROVED AS TO FORM:
City Manager
APPROVED AS TO CONTENT:
City Attorney Director of Public Wmrks
CERTIFICATE OF ACKNOWLEDGMENT
(Civil Code § 1189)
STATE OF
COUNTY OF
On _, before me,
a notary’ public in and for said County, personally appeared
, personally known to me(or proved to me on the basis of satisfactory evidence) to be the
person(s) whose name(s) is/are subscribed to the within i~strument,
and4 , ackn°wledged, to me that he/she/they executed the same inhls/her/th~ir authorized capacity(ies), and that by his/her/their
signature(s) on the instrument th~ person(s), or the entity upon
behalf of which the~person(s] acted, executed the instrument.
WITNESS my hand and official seal.
ii
CERTIFICATE OF ACKNOWLEDGMENT
(civil Code § 1189)
STATE OF
COUNTY OF
On ,, before me, ,
a notary public in and for said County, personally appeared
, personally known to me
(or proved to me on the basis of satisfactory evidence) to be the
person!s) whose name(s) is/are subscribed to the within instrument,
and acknowledged, to me that he/she/they executed the same in
his/her/their authorized capacity(ies), and that by his/her/their
signature(s) on the instrument the person(s), or the entity upon
behalf of which the person(s) acted, executed hhe instrument,
WITNESS my hand and official seal,
CEKTIFICATE OF ACKNOWLEDGMENT
(Civil Code § 1189)
STATE OF )
COUNTY OF )
, before me, ,
a notary public in and for said County, personally appeared
, personally known to me
(or proved to me on the basis of satisfactory evidence) to be the
person(s) whose name(s) is/are subscribed to the within instrument,
snd acknowledged, to me that he/she/they executed the ~ame in
his/her/their authorized capacity(ies), and that by his/her/their
signature(s) on the instrument the person(s), or the entity upon
behalf of which the person(s) acted, executed the instrument.
WITNESS my hand and official seal.
13