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HomeMy WebLinkAbout1987-10-20; Housing & Redevelopment Commission; Resolution 917 * I/ 0 0 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 I RESOLUTION NO. 091 A RESOLUTION OF THE HOUSING AND REDEVELOPMENT COMMISSION OF THE CITY OF CARLSBAD, CALIFORNIl APPROVING LOAN FROM THE CITY AND AUTHORIZING I OF THE AGENCY IN THE AMOUNT OF $3,400. WHEREAS, the Housing and Redevelopment Commisc of the City of Carlsbad, California has considered the 1 for a loan of $3,400 from the City for additional funds complete the Santa Fe Depot Rehabilitation project; and WHEREAS, said Commission finds it necessary fc Redevelopment Agency to accept a loan of $3,400 from thc city; NOW, THEREFORE, BE IT RESOLVED by the Housing Redevelopment Commission of the City of Carlsbad, Calif1 as follows: 1. That the above recitations are true and correct. 2. That a loan of $3,400 from the City is h accepted as debt of the Redevelopment Ag 3. That the Agency hereby agrees to repay t loan on demand at an annual interest rat 10%. //// //// //// //// ///I //// //// //// //// . IC- ll 0 a ii PASSED, APPROVED AND ADOPTED at a regular meeting c 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 I 20 21 22 23 .2 4 25 26 27 28 I Housing and Redevelopment Commission of the City of Carl California on the 20th day of October, 1987, by the fol: vote, to wit: AYES: Commissioners Lewis, Kulchin, Pettine, Mamaux and Lar NOES: None ABSENT : None ABSTAIN: ATTEST: AQTHA 8% RAUTENKRANZ, City,/ Clerk (SEAL) ////