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Resolution 8813 N.C.S. 03/17/1980
~ +' ' - ~ '~ ~ PLK:ad 3-12-80 _, 4~. ~ ~,, MAR 1 3 1980 ~~ .~.;~. i~es~lution No. . as ~ 3 N': C;S. , . . , ~ . ,. `~ : ~,: of the City of Pe~taluma; ,Cal~if.ornia ~ .~ ~ , ~ , , . . , . . ., , .. . . . A RESOLUTI~ON SUPP,ORTIN,G. SENATE-;B~I;LL~g1295 (KE:EN.E,) WHICH LOWERS _. . . I~dTER~EST 'RATE FQR~ PUB'LIG ;MAR~'INA'S _ , ., ~ `~ . _ , , ~,.. ~ - . . . ~ ; „ , ~ :~ . ~~ ~ •~ - ~ -; . - ; . - . . ;. . ~. : . • ,~ ~ + . . . .~ ` . 4 Y . y . ,~ . . ~ WHEREAS, th~e Commiss"ion 'of ~the "Departmen;t of Boat,i~ng an8 Waterways ,. on September 27, 1979., witho;ut s,i~gn~~fi~cant noti~ficatio'n 'i.n°creas:ed the in- " te,rest nate on- loans for~ the °deve~lopr~ent~an~d, construction of sma11 cra~ft . : .t . harbors from 4.5% to 8.'0%;. and . ~ ~ • WHEREAS, projects f,or :which loca.l funds h~aYve ~be:en expended for plan- ning were predica'ted upon an ~interes:t rate o;f 4~:5% and ~n in:crease to 8.0% will probably make many of thes:e projects unfeas,i:ble,~ ,; .. . ~. ~VOW, THEREFORE, BE I~T' RESOLUEb that the Ci ty o,f. Petal'uma, supports „ Sena~te Bil'l ~1295 (Keene) which' ,grants projects~~Ain the, planni'ng process ~ and for which ~local funds were, expended prior to. Septembe;r. 27., 1979 unti'1 Janua;ry 1, 1983 to complete `the pl'ann;ing at the old ~r.a,te of 4.5%. ,~ .. ~ ' 'Uqder the>gower and. authority conferred' upon ~tHis'__Council by the Charter, of- said City. " . .., - ,. ' I hereby certify the fo.~egoing Resolution was~ introduced and adopted' by the , , Council'- o,f ,thFe City ~of P,efaluma at a(,Regular) i(Adjourned)t (;Special) meetinn Pr ed as to ~ f : " , onr~tfie, •----~~tll.....-- ~ay' °f .............-~~I~rC~•••• --_----- 19!SQ---= by the ;'. _ , 'followinR, vote; . ' „~ . .._..... .•••-• •••------•------ • City 1lttorney ~~ AYES: Coun~ci~l me~n ~~~6a1 s~~,aaw, ~~'.Battacl i'a, ~ Cava~~nagh~ ~ ~ , Har.b~erson, Pe;rry 'and Vi:ce- ' Mayor ~ond'.. . -. . . ~ . ,,, . NOES~ 0 , ... : ,~ ,- , °;~ A~BS~ENT.: ~~M .o~~ attei ~ °~ ~ ~ . . :Y ; , : .. ,. , ~ " ~j~ f »~ ~ ~ • . ATTEST: .. - , - - - - ... .. . ..: .... ~'~l --•---~ • - ----- - ------~---- . - - --- -~-- --.. . : --- - -~--- ~ -- ~ -~-°. - ~- ~-- , -, ~ . ----- --~~ ~ ~ City Clerk ~j ,. 2vlayor , . . COUNGL FILE ~~O/-D'~ IGY~ ~~ ' ' - ~ , ~ . ~~ . . . . '~„~ „ ~ i „ ' - ~ ' " "a,'' ' ~ - ' . '. , ~ FORM CA,2 7'/80 , , . RES No. ~~13 _ , . . ' ~ .. -~ ~ .. 1 . , . _ . . - '~/ . . ~ , ~~~• ~ - ~ ~ ~ ~. .. . ~ ~~ ~ , . .1 'f, ~ ,,,. ' ,~~{ AM.ENDED IN SENATE FEB'R'VARY 28, 198Q ' , r,~ . . . , : ' - - . ._ . ; . ~ ; , ~ ANIENDED IN SENATE FE~BRUARY~~~il~,,~1980 : . ~ . . ~ ~ ' ~,. ~. _ , ~ . . ~ . SEN'ATE ;BIL_L, . , :. . .~ ~ ~ .~ No. 1295~ . ~ .. . .`` ~ . , . ~ ~ , , . . ' . . , . . „~ .: , ,~ '~; ~ ~I~ntroduced by Senator Keene . ~ ~ . .., -. ~ ' ~ ~ ' ~ ..~ ;:. (Princi~pal coauthor: A'ssemblyman ~Bosco~)° ~ (Coaufhors: ~Senafors Nielsen and : " ' Ra:ins . .. , . -~;~ ~~ ) - ' ° ('Coauthors.° Assem~blymen 'Filante`and Gage) ~ ~ : - . ~~ , . . ~ , m ~ . • ~, - . ,~ . _ . ,, . ~ . . . ~ • ~ . , . . , ~ ~ . , ; ~f anuary; 8, ~ '1980 ~ . , ` . ~ , ,, - _, ~ . ~ ,: . ~ ' , , An' act to~ add ~ ~ ~e~e~e~r ~ e€,Section 71.5 to,f'he; , , ; . . _. . " ' ~ Harbors and Navigation~ ;Gode, ~relating . to , harbors, and' ~" .. ' ` declaring the urgency thereof,, to take :effect' immediately. '.- ~ ` .. . , °' : ~ ' ~ . . • . . ~.LEGISLATIVE ,COUNSEL S DIGEST .. ,,, . ; , - ~ ,.,r., , , „. ~ , SB'.:1295, as , amended, Keene. Small craft harbors:, loans:~ ~, ~ Existing law aut'liorizes , the. Depar-tmenE: ~of ' BoaGin,g . and ~~ ~ ~ r Waterways to make loans fo cities, counhies; or distriets for, the; ',' . , . , .. ° ' .. , plannirig, ~; acquisifion, ~ ;construction; . •improvement, , , ,: ,maintenance,'or.bp.eration.of sma'll.craft=harbors.and~facilities.` ~, ~ :, This , bi_ll :,would ,prohibit ;the iriferest charged frorn ` exceeding.4.5% on any'such..loans authorized~after September ~ : ' 27; .1979, ~ e~~g ~~ and ,&efore.january 1; 1~983, ~to ~•~ an entity which, as ofSepternber 27, 19,79, had taken aetion to ~ ~ ` .;rts'~firiancial detrlinent~ii~ cbnnectlon wrth a small craftharbor~ ~' ,, ,. , project: . , . . . ~ _ , , , ~e ~ ~~ ~ ~ e~€ee~ e~ ~ ~ ~; ~9~3: .. ~ ,. ~- , The bill would .take~ effect imrnedi'ately ~~as an urgenc.y ., ~ ~statute. . , . .. . : , , „ - Vote: 2/3. A.ppropriation,_r. rio: Eiscal ° conimittee: yes:' '~` ~ ~ ~ State-_mandated~ local program:: rio. ~ , ~ ' . . ; ,. - ~ :, ~ . :: - ' ,.. ~~.~.CE.IVE~; ~ ~ . .. ~ , . ~ MAR 5 ~980 .' , . ' „ . , • . . ~ 5 ~, Y ;, , . ~ .. . . ~ ,. ~ ~ , , . , . ., , ~ _ . - . . . , MAYOR ~~ ~ ~~ . ~ . , ' ~. : ' . . . , .. , .,~, . ~ „ ,. s~ so . . ;~..: ~ . , : .. , , , SB ;~. ~ _ ,~' .~ • i, ~ir~., 1295. • - 2 - , . . ~- ` . ~ •~ r,. .'The people of the State of Callfornla do enact as follows.: •. ~ ~ 1~ SECTION 1. Section 7.1.5 is added ~to flie Harbors and 2 Navi.gation ~Code; ko read: ~ ~" 3: , 7:1:5. The rate of interest charged on any loan made . • 4 .pursuant to Section 71.4; and aufhorized after September ~ 5 27, 1979; and before.january 1; 1983, shall not exceed 4.5 • 6 pereent. ~ ~ ; ~ 7 ~s see~ie~ s~a~ ~~ e€€ee~ e~~ ~~~- 8 ~ ~ ~ g ~3; ~~ as e~€- s~e~ ~a~e ~s ~ea~ec~; ~esg ~ ~e~ . ~ ~~.~~:,~~ ~ ,i~s ~e~e~ ~e€e~e ~~ ~ . 10 ~9~3; ~es e~ e~e~c~s s~ek ~ . 11 This section sliall apply only to- a loan `made to a city; 12 coun'ty; or district that; as of September 27, ~ 1979, had ~ ~ I3 expen,ded money avallable~from any source; or had taken T4 any other actron to its fnancial detrirnent, in connection . ~ 15 with •a small craft harbor projecl; including, but not~ 16 limited `~ to, preliminary planning: or -a ' stUdy of, the ~ 17 feasibility of svch project. ~ ~. 18 SEC. 2~. This act~ is an urgency statute riecessary for ~ ' ` ' • 19 fhe immedi ate preser vation, of the~ publie~ peace, health, . 20 or safety within the meanirig of Ar'ticle IV of the ' ' '` 21 Gonstitution and shall go into immed'iate effect: The' facts 22 ~ ~ '23 consfituting such necessity are: '.~ ~ In order fo prevent a disruption in t'he developmerit of ~ ~•~ 24 small c,raft harbor facil~ifies, it is necessar:y that this aet, 25 take effect immediately. ° ~ . - , _ , . _ - • ~ O . . . , - . , : . ; ~ . ~. 1 :, . , _ . ~' 97 '40; . . . . . . . ,-<,