HomeMy WebLinkAbout2000-06-27 - RESOLUTIONS - LOAN TO SCRDA (2)RESOLUTION NO. 00-95
A RESOLUTION OF THE CITY COUNCIL
OF THE CITY OF SANTA CLARITA, CALIFORNIA,
APPROVING A LOAN TO THE SANTA CLARITA REDEVELOPMENT AGENCY
The City Council of the City of Santa Clarita hereby resolves as follows:
SECTION 1. The City Council does hereby approve the offer of a loan in the
amount of Four Hundred and Forty Five Thousand Dollars ($445,000.00) to the Santa Clarita
Redevelopment Agency, which loan is authorized pursuant to the Community Redevelopment Law
(Section 33000 et sea. of the Health and Safety Code). The City Manager is hereby authorized and
directed to execute a Promissory Note evidencing such loan, in substantially the form attached as
Exhibit A to this Resolution incorporated herein by this reference, in favor of the City of Santa
Clarita.
SECTION 2. The City Clerk shall certify to the passage and adoption of this
Resolution, and it shall thereupon take effect and be in force.
PASSED, APPROVED AND ADOPTED this 27'' dap of June. 2000.
ATTEST:
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CITY CLERK
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�OAYOR
STATE OF CALIFORNIA )
COUNTY OF LOS ANGELES ) ss
CITY OF SANTA CLARITA )
I, Sharon L. Dawson, City Clerk, of the City of Santa Clarita, do hereby certify that the foregoing
Resolution was duly adopted by the City Council of the City of Santa Clarita, at a regular meeting
thereof, held on the 27" day of June, 2000, by the following vote of the Council:
AYES: COUNCILMEMBERS: FERRY, KELLAR, WESTE, SMYTH, DARCY
NOES: COUNCILMEMBERS: NONE
ABSEN�T:, COUNCIL/M}EMBERS: NONE
42 s e -e 6 aA
CITY CLERK
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