HomeMy WebLinkAboutCC Reso No 1994-18RESOLi7TION NO. 94- 18 ~
(
A RESOLUTION OF THE CITY OF L,AKE ELSINORE,
CALIFORNIA, SUPPORTING THE REDEVEIAPMENT AGENCY
GUARANTEE OF THE IAW INTEREST HOME IMPROVEMENT
IAAN PROGRAM SPONSORED ~Y TAE 15T TRUST BANK
WHEREAS; The City Council desires to improve the quality of
housing within the city limits of Lake Elsinore; and
WHEREAS, the lst Trust Bank has guaranteed up to $300,000.00
for a pilot program; and
WHEREAS, the City's Redevelopment Agency has agreed to
quarantee the loans under this program; and
WHEREAS, the City Council of the City of Lake Elsinore fully
_~.~
supports the program; and
NOW, THEREFORE, THE MAYOR AND CITY COUNCIL OF THE CITY OF LAKE
ELSINORE, CALIFORNIA, DO RESOLVE AS FOL7AW5:
,
1) That they overwhelmingly support the RedBVelopment Agency
Guarantee of the Low Interest Home Improvement Loan
Program with lst Trust Bank.
PASSED, APPROVED AND ADOPTED this 22ND day of March, 1994 by
the following vote:
AYES: COUNCILMEMBERS:
NOES: COUNCILMEMBERS:
ALONGI, CHERVENY, DOMINGUEZ, WINKLER,
WASHBURN
NONE
ABSENT: COUNCILMEMBERS:
ABSTAIN: COUNCILMEMBERS:
.~~~ 1~ U~J ~~
GARY SHBURN, MAYOR
CITY LAKE ELSINORE
VICZCI LYNN~ K~.SAD, CITY CLERK
CITY OF LAKE ELSINORE
APP120VED AS TO FORM AND LEGALITY:
JO HARPER, IT ATTORNEY
~~
STATE OF CALIFORNIA )
COUNTY OF RIVERSIDE ) SS:
CITY OF LAKE ELSINORE )
I, VICKI KASAD, CITY CLERK OF THE CITY OF LAKE ELSINORE,
I _..
~ DO HEREBY CERTIFY that the foregoing Resolution duly adopted by the
City Council of the City of Lake Elsinore at a regular meeting of
said Council on the 22nd day of March, 1994, and that it was so
adopted by the following vote:
AYES: COUNCILMEMBERS: ALONGI, CHERVENY, DOMINGUEZ,
WINKLER, WASHBURN
NOES:
ABSENT:
ABSTAIN:
C7TCKI K7+.SAD, CITY CLERK
CITY OF LAKE ELSINORE
. NONE
. NONE
i (SEAL'1
~ STATE OF CALIFORNIA )
COUNTY OF RIVERSIDE ) SS:
CITY OF LAKE ELSINORE )
I~ VICKI KASAD, 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. 94-18 of said Council, and that the
same has not been amended or repealed.
. April 5, 1994
~TICIf~''T~.'SAB, CTTY CLERK
CITY OF LAK~ ELSINORE
COUNCILMEMBERS: NONE
(SEAL)