HomeMy WebLinkAboutResolutions 84-287 N.C.S. 11/19/1984Resolution No.84-2 ~7 I~1. C. S. N OV 19 1984 ~
of the City of .Petaluma, California
AUTHORIZING THE CITY MANAGER. TO EXECUTE
LOAN AGREEMENT NO. SON-4-L-84-2 WITH
STATE OF CALIFORNIA, DIVISION OF AERONAUTICS
BE IT RESOLVED the City Manager is hereby authorized to execute a
25 year loan agreement with the State of California, Division of Aeronautics
for funds in the amount of $304,400.00 at 9.24990 interest. Repayment
shall be from airport enterprise funds in successive annual principal
payments of $12,176.
' Under the-power and authority conferred upon this Council by the Charter of said City.
APOR`T ~ I hereby certify the foregoing Resolution was introduced and adopted by the A ro ed as to
Council of the City of Petaluma at a (Regular). (LgY~d4X~~1~ meeting
on the ......~.~.t.~,...... day of .........N.Q~/.~m~~e.r ,, .................... 19.......4by the
` 'following -vote; . .: ...:......•-•-- ••---
- y ttorney
AYES: Tenter, Cav.ana~h, Balshaw, Vice Mayor Bond, Mayo attei
NOES: None
ABSENT: Pe r r ag l a
f
ATTEST:
,.. .
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City'Clerk Mayor
Foxvi CA 2 7/81 Res. No......~?.`.t.--~.~.1.-... ~ ~+J