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EXHIBIT A <br /> <br /> ~(~m ~x~-l~moved the adoption of the following resolution: <br />Councilperson <br /> <br /> RESOLUTION NO. 1 "'3t'j 5F_.t~e?_~ I~q(~ <br />A ~SOL~ION AUTHO~G THE DELEGATION TO THE CITY ~ <br />CO~TY OF DE~ER, COLO~O OF T~ AUTHO~TY OF THE CITY OF <br />LO~SVILLE, COLO~O, ~TH ~SPECT TO THE ISSU~CE OF <br />S~GLE F~ILY HOME MORTGAGE ~VE~ BO~S (THE "BO~S") <br />TO F~CE ~S~ENT~ HOUS~G FACILIT~S FOR LOW- ~ <br />M~DLE-~CO~ PE~ONS ~ F~ILIES ~TH~ THE CITY ~ <br />CERT~ OTHER CITIES ~ CO~IES ~ THE STATE OF COLO~O; <br />~PROV~G SUCH BO~S ~ SUCH S~GLE F~ILY MORTGAGE <br />LO~ PROG~; ~ A~HO~G THE E~C~ION ~ DELIVERY <br />OF A DELEGATION AG~E~ ~ OTHER DOC~ENTS ~ <br />CO~CTION THEP~TH. <br /> <br /> WHEREAS, the City of Louisville, Colorado (the "City"), and the City and County of <br />Denver, Colorado (the "Issuer"), are each authorized by the County and Municipality <br />Development Revenue Bond Act, constituting article 3 of title 29, Colorado Revised Statutes, as <br />amended (the "Act"), to finance projects as defined in the Act, including residential housing <br />facilities for low- and middle-income persons and families; and <br /> <br /> WHEREAS, Section 29-3-104(2) of the Act provides that a county or municipality may <br />delegate by resolution or ordinance, as the case may be, to any other county or municipality the <br />authority to act on its behalf in the financing of projects under the Act and that any such <br />delegation may be general or limited in scope and time, and may be irrevocable for the term or <br />terms of any financing agreement or bond issue, all as provided in such resolution or ordinance; <br />and <br /> <br /> WHEREAS, the Issuer proposes to issue single family home mortgage revenue bonds <br />pursuant to the Act (the "Bonds") to finance residential housing facilities for low- and <br />middle-income persons and families within the City and other cities and counties in the State of <br />Colorado (the "Single Family Mortgage Loan Program"); and <br /> <br /> WHEREAS, the City desires to delegate to the Issuer the authority of the City to finance <br />and otherwise take action and exercise power under the Act on behalf of the City with respect to <br />the Single Family Mortgage Loan Program within the City; and <br /> <br /> WHEREAS, it is necessary to evidence such delegation by the execution and delivery by <br />the City of a Delegation Agreement (the "Delegation Agreement") between the City and the <br />Issuer in substantially the form presented at this meeting; <br /> <br />02-29698.01 <br /> <br /> <br />