HomeMy WebLinkAboutPCDC Resolution 85-13 12/16/1985 RESOLUTION 85-13
PETALiJ1VIA C®1VIlVIITNITI' I)EVEL~Pl!'IENT C'®1VIIVIISSI®N
AUTHORIZE REPAYMENT OF
1977 LOAN FROM CITY IN THE AMOUNT OF $6,200
WHEREAS, the Petaluma Community Development Commission borrowed $6,200
from the City of Petaluma as authorized by the City Council; and,
WHEREAS, the Petaluma Community Development Con~unission now wishes to
repay that advance from the City of Petaluma at the rate of $620.00 per year:
NOW THEREFORE BE IT RESOLVED by the Petaluma Community Development
Commission as follows:
Pursuant to the 1977 agreement between the City of Petaluma and the Petaluma
Community Development Commission for a loan of $6,200, said loan shall be repayed at
the rate of $620.00 per year.
Adopted this .16th day of December, 1985, by the following vote:
AYES: Cavanagh, Davis, Woolsey, Tencer, Vice Chairman Balshaw, Chairman Mattei
NOES: None
Absent: Bond
Fred V. Mattei, Chairman
ATTEST:
Patricia E. Bernard, Recording Secretary