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This document is a resolution by the City Council of Milpitas approving and authorizing the execution of a Joint Exercise of Powers Agreement related to the CSCDA Community Improvement Authority. It also pertains to the issuance of revenue bonds for financing the acquisition, construction, or improvement of the Turing at the Fields Apartments in Milpitas, California.
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A resolution approving joint exercise is a formal document that authorizes two or more entities to jointly perform specific functions or services, often for enhanced efficiency and cooperation.
Entities that wish to engage in a joint exercise of powers, such as municipalities or governmental agencies, are typically required to file a resolution approving joint exercise.
To fill out a resolution approving joint exercise, entities must provide their names, describe the purpose of the joint exercise, outline the terms and conditions, and include signatures from authorized representatives.
The purpose of a resolution approving joint exercise is to formally authorize cooperation between entities to achieve shared goals, improve resource allocation, and enhance service delivery.
The resolution must report the names of the participating entities, a description of the joint exercise, the scope of services involved, and details regarding governance and funding.
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