HomeMy WebLinkAboutResolution 7282 N.C.S. 02/02/19767282
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RESOLUTL'ON AUTHOR'IZING AGREEMENT FOR ADVANCE ORm FUNDS.
TO THE ':. fPETALUMA" `COMMUNI,!TY DEVEL14, OPMENT `COMMI5SION:
ANDS FOR ,REPAYMENT �`T
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INTRQD,10ED,+-BY COUNCIL'M' AN.L
%Jack W Cavanagh, Jr and
SECONDED BY C Willia
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OLTNCILMAN m A, PerrX, Jr ...................... at a
:. g N _:Meetin
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re lar g of the Cit Council of the
y2nd February lq 76
Cit of Petaluma, on the o
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aY
ommunt Deve,lo m
ssion
WHEREA.Sa th6-5 etaluma C y:�� p' ent Comm
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has authorize
d lane of"funds to-s`a�id
er toa ereormtAf e'nc Uic.e,s
. g r an a ance
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Agency in ord p. f g y sere and further"
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prov' ding fore reaynient toy the t,y,
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NOV, THEREFORE,, ''BE ";I,T 'RESOZUED•'that t''+his Is-,,Council hereby
app`rgves andl'agre6s'to that certain agreement by and between'
the City Of 'P.,etaluma• .and t`he .P,,,,eta; ,-Community, 'Development:
Commission ro�idi. g I' e of 'funds in;. an9',amoun,t
p in` ftor an adVanc
note to: exceed'
50,.GO0
� BR',IT FURTHER RESOLVED t"hat ^sa4id funds; shall" be taken
from a
Account .No GG 4,-76 nd, transferred to the PCDC bank
account in 'C'ro.ckerR-National Bank. The "Finance 'Directo'-r 'is,
dire-eted hereby to 'm'ake such transfer ,immediate`ly.'
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BE. IT ;FURTHER RESOLVED 'thaf:' he Mayor. be,., and 'slie is
" he'reby, ',aut°horized .to execute .'said:;: agreement on behalf ..;of
this Council.
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under the "
p wer and authonty conferred upori,.this; Council by the ;Charter of said City,,.
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I hereby certify -that .the' foregoing Resolution ,was duly and regularly 'introduced and:
adopted by4the Council oftthe City of ,Petaluma ion. the -2nd
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day, &j._ Febxuary 19 �A6- , by the lollowl , g votes:;,
AYES. Councilmen`Br_unner., C'avanagh,;Harbe-rson,, Hi lgos,s, Matae.:Perry,
and Mayor Puttnam,...-. = _ ; .
- NOES: one.
ABSENT. .
None:
.lR ATTEST:-Ao- Ir
ity'Glerk Mayor.
FORM CA 2 7/,•74 C'OUIy CIL. FILE
RES.. NO I y'