HomeMy WebLinkAboutResolution 2004-192 N.C.S. 10/04/2004 Resolution No.2004-192 N.C.S.
of the City of Petaluma, California
AUTHORIZING THE SUBMITTAL OF AN APPLICATION,
ACCEPTANCE OF FUNDS AND EXECUTION OF A LOAN AGREEMENT
WITH THE CALIFORNIA DEPARTMENT OF TRANSPORTATION,
DIVISION OF AERONAUTICS, FOR ALOW-INTEREST LOAN FOR
THE FOLLOWING REVENUE GENERATING PROJECT
AT THE PETALUMA MUNICIPAL AIRPORT FOR THE
PETALUMA MUNICIPAL AIRPORT HANGAR PROJECT C100103
WHEREAS, the Department of Transportation, Division of Aeronautics, provides
financial assistance to public entities in the form of loans pursuant to Public Utilities Code
Section 21602 and the California Airport Loan Regulations; and,
WHEREAS, the City Manager has recommended that the City apply for a loan in the
amount of $2 Million to accomplish the above Project.
NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of
Petaluma authorizes the filing of a loan application with the California Department of
Transportation, Division of Aeronautics, for the above Project.
BE IT FURTHER RESOLVED that the City Manager is authorized to execute the loan
application form, including its acceptance, and the City Clerk is directed to attest the signature of
the City Manager and affix the seal of the City to the documentation., when appropriate.
Under the power and authority conferred upon this Council by the Charter of said City.
REFERENCE: I hereby certify the foregoing Resolution was introduced and adopted by the Approved as to
Council of the City of Petaluma at a (Regular) (Adjourned) (Special) meeting form
on the ........41.`h day of .......G~ctnb~r................................., 20.4.., by the
following vote: y•••••••
C Attorne
AYES: Mayor Glass, Healy, Vice Mayor Moynihan, O'Brien, Thompson, Torliatt
NOES: None
ABSENT: Ha ~s
ATTEST:
City Jerk Mayor
Council File
Res. No.......2(10x-.L92.........N.C.S.