Common use of Creation of the Authority Clause in Contracts

Creation of the Authority. There is hereby created pursuant to the Act an authority and public entity to be known as the “Chula Vista Bayfront Facilities Financing Authority.” As provided in the Act, the Authority shall be a public entity separate from the City and the Port District. The debts, liabilities and obligations of the Authority shall not constitute debts, liabilities or obligations of the City or the Port District. Within 30 days after the effective date of this Agreement or any amendment hereto, the Authority will cause a notice of this Agreement or amendment to be prepared and filed with the office of the Secretary of State of the State in the manner set forth in Section 6503.5 of the Act. Such notice shall also be filed with the office of the Controller of the State.

Creation of the Authority. There is hereby created pursuant to the Act an authority and public entity to be known as the “Chula Vista Bayfront Fontana Public Facilities Financing Authority.” As provided in the Act, the Authority shall be a public entity separate from the City and the Port Fire Protection District. The debts, liabilities and obligations of the Authority shall not constitute debts, liabilities or obligations of the City or the Port District. Fire Protection District.‌ Within 30 days after the effective date of this Agreement or any amendment hereto, the Authority will cause a notice of this Agreement or amendment to be prepared and filed with the office of the Secretary of State of the State in the manner set forth in Section 6503.5 of the Act. Such notice shall also be filed with the office of the Controller of the State.