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This document is a resolution adopted by the Board of Directors of San Diego Community Power (SDCP) to approve a new credit agreement with J.P. Morgan Chase Bank for a revolving credit facility. The resolution outlines the terms and conditions of the agreement, including the termination of an existing facility with River City Bank and the securing of the new agreement with SDCP\'s net revenues.
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Resolution number 01 is a legislative or organizational document that outlines a specific decision or action to be taken by an entity, typically related to governance or operational procedures.
Typically, the governing body or designated representatives of the organization are required to file resolution number 01.
To fill out resolution number 01, one must include the title of the resolution, the date, the specific resolution language, the names and titles of those approving the resolution, and any relevant signatures.
The purpose of resolution number 01 is to formally document and communicate a decision made by the governing body, ensuring clarity and accountability in the organization's actions.
The information that must be reported includes the title, the date of resolution, the details of the decision, the voting results, and the signatures of the officers.
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