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HomeMy WebLinkAbout1976-09-21; Carlsbad Redevelopment Agency; Resolution 31 2 3 4 5 6 7 8 9 10 11 12 121 14 15 1E 17 1E 19 2c 21 2% 2: 24 25 2t 25 2€ -. RESOLUTION NO. 3 A RESOLUTION OF THE CARLSBAD REDEVELOPMENT AGENCY OF THE CITY OF CARLSBAD, CALIFORNIA ACCEPTING THE TERMS AND CONDITIONS OF THE LOAN OFFERED BY THE CITY OF CARLSBAD THROUGH THE CITY OF CARLSBAD REDEVELOPMENT AGENCY ADMINISTRATIVE FUND. WHEREAS, the City Council of the City of Carlsbad directed hat the sum of $5,000.00 be appropriated as a loan to the Carlsbad .edevelopment Agency ("Agency") by the establishment of the Redevel- pment Agency Administrative Fund subject to various terms and onditions; and WHEREAS, the sums in such fund may be paid to the Agency ;ubject to certain terms and conditions. NOW, THEREFORE, BE IT RESOLVED by the Carlsbad Redevelopment igency as follows: 1. The Agency hereby accepts any sums paid to the Agency 15 a loan from the City's Redevelopment Administrative Fund on :he terms and conditions set forth in Carlsbad City Council :esolution No. 3958. PASSED, APPROVED AND ADOPTED at a regular meeting of the larlsbad Redevelopment Agency held the 21st day of September , 976, by the following vote, to wit: AYES : Directors Fmzee, Lewis, and Skotnicki. NOES : None. ABSENT: Director Cas1 er. ABSTAINED: D-i rector Pac kard. iTTEST :