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HomeMy WebLinkAboutPCDC Resolution 99-10 09/21/1999 Resolution 99-,:1~a PETALUMA COMMUNITY DEVELOPMENT COMMISSION RESOLUTION AUTHORIZING RELEASE OF FLTNI)S TO PETALUMA DOWNTOWN ASSOCIATION FOR FY 1999-2000 WHEREAS, the Petaluma Community Development Commission is currently engaged in a review of the Agencies' Financial Status; and WHEREAS, the review is anticipated to continue for the next several months; and WHEREAS, staff has reviewed the Central Business District (CBD) budget and determined that the Central Business District has sufficient funds available to provide a balanced budget as proposed. NOW, THEREFORE, BE IT RESOLVED, that the Petaluma Community Development Commission hereby approves the allocation of $68,247.00 to the Petaluma Downtown Association and authorizes the release of such funds immediately. Adopted this 218` day of September, 1999 by the following vote: Commissioner Aye No Absent Healy X Torliatt X Cader-Thompson X Hamilton A Maguire X Vice Chair Keller X Chair Thompson X E. Clark Thompson, Chairman ATTEST: APPROVED S T FORM: r City ~ ~ "torney Beverly J. I ne, Recor ing Secretary