HomeMy WebLinkAboutCC Reso No 1983-38RESOLUTION NO. 83-38
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
LAKE ELSINORE CREATING AND ESTABLISHING A
REDEVELOPMENT REVOLVING FUND IN ACCORDANCE
WITH THE PROVISIONS OF THE COMMUNITY REDEVELOP-
- MENT LAW
- WHEREAS, the City Council has established by ordinance a
' Redevelopment Agency, pursuant to the "Community Redevelopment
Law", being Part 1 0£ Division 24 of the Health and Safety Code;
and
WHEREAS, the Redevelopment Agency intends to undertake
certain redevelopment projects; and
WHERFAS, the Redevelopment Agency has requested that the
City Council establish and appropriate funds to a Redevelopment
Revolving Fund; and
WHEREAS, the City Council may establish and appropriate
funds to a revolving £und to be kept in the Treasury of the
City for the purpose of carrying out redevelopment proqrams:
NOW, THEREFORE, IT IS HEREBY RESOLVED by the City Council
-
as follows:
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SECTION 1. The above recitals are all true and correct.
SECTION 2. There is created and established in the
Treasury of the City a special fund to be known and designated:
"Redevelopment Revolving Fund" :
for the purpose of carrying out the redevelopment programs of
the Redevelopment Agency.
SECTION 3. The City Council may, by resolution, appropriate
or raise money, pursuant to Sections 33620 et seq. of the Health
and Safety Code.
SECTION 4. All monies in the Redevelopment Revolving Fund
shall be used exclusively for the purposes and expended in the
manner specified in the Community Redevelopment Law.
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SECTION 5. The City Clerk is authorized and directed to
transmit a copy of this Resolution to the Redevelopment Agency.
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SECTION 6. The City Clerk shall certify to the adoption of
this Resolution.
ADOPTED this 14th day of June , 19 83 .
ATTEST:
~O .~ ~~~~~~ ~
Deborah A. Harringt ,
City Clerk
(.SEAL)
-2-
~ ~. ~GG~.~.o-~..n.~
J~ n G. Unsworth, Mayor
AP ROVED AS TO FOR/p~~
~Dat : ~ ,//
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JOPiN M. PORjER
City AttoSney
____ _ __ _
STATE OF CALIfORNIA )
) ss.
COUNTY OF RI~ERSIDE )
I, Deborah A. Harrington, City Clerk of the City of Lake Elsinore,
DO HEREBY CERTIFY that the foregoing resolution was duly adopted by the
City Council of the City of Lake Elsinore at a regular meeting of said
Council on the 14th day of June , 1g8 3, and
that it was so adopted by the following vote:
t
AYES: COUNCILMEMBERS: KNIGHT, MAC MURRAY, TORN, VALENZUELA, UNSWORTH
NOES: COUNCILMEMBERS: NONE °
ABSENT: COUNCILf~EMBERS: NONE
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/i~~~~ia~~~~~~~
- - - ,~.
DEBORAH A. HARRINGTON, CITY CLERK
CITY OF LAKE ELSINORE
(SEA~j
~ _
STATE OF CALIFORNIA )
) ss.
COUNTY OF RIVERSIDE )
I, Deborah A. Harrington, City Clerk of the City of Lake Elsinore,
DO HEREBY CERTIFY that the above and foregoing is a full, true and correct
copy of Resolution No. 83-38 , of said Council, and that the same
has not been amended or repealed.
DATED: ~une 15, 1983
~CU/~.d~~~/~ ~~J~..`~
DEBORAH A. HARRINGTON, Y CLERK
CITY OF LAKE ELSINORE
`~ (SEAL)