HomeMy WebLinkAbout2003-06-24 - RESOLUTIONS - SCRDA LOAN ACCEPT (2)RESOLUTION NO. RDA 03-2
A RESOLUTION OF THE CITY OF SANTA CLARITA REDEVELOPMENT AGENCY
ACCEPTING A LOAN FROM THE CITY OF SANTA CLARITA
THE REDEVELOPMENT AGENCY OF THE CITY OF SANTA CLARITA DOES
RESOLVE AS FOLLOWS:
SECTION 1. The Redevelopment Agency does hereby accept the offer of a loan in the
amount of One Hundred Sixty Thousand Dollars ($160,000) from the City of Santa Clarita,
which loan is authorized pursuant to the Community Redevelopment Law (Section 33000 et seq.
of the Health and Safety Code). The Executive Director is hereby authorized and directed to
execute a Promissory Note evidencing such loan, in substantially the form attached as
Attachment A to this Resolution, incorporated herein by this reference, in favor of the City of
Santa Clarita.
SECTION 2. The City Clerk/Secretary shall certify to the adoption of this Resolution.
PASSED, APPROVED AND ADOPTED this 24th day of June, 2003.
CHAIR
ATTEST:
SECRETARY
STATE OF CALIFORNIA )
COUNTY OF LOS ANGELES ) ss.
CITY OF SANTA CLARITA )
I, Sharon L. Dawson, CMC, Secretary of the City of Santa Clarita Redevelopment
Agency, do hereby certify that the foregoing Resolution was duly adopted by the Redevelopment
Agency of the City of Santa Clarita at a regular meeting thereof, held on the 24th day of
June, 2003, by the following vote:
AYES: AGENCY MEMBERS: Ferry, McLean, Kellar, Weste, Smyth
NOES: AGENCY MEMBERS: None
ABSENT: AGENCY MEMBERS: None
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