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HomeMy WebLinkAbout82-25 - ResolutionsRESOLUTION NO. 82-25 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO CUCAMONGA, CALIFORNIA, AMENDING RESOLUTION NO. 79-01, ESTABLISHING A FEE FOR THE ADMINISTRATIVE PROCESSING OF AN INDUSTRIAL DEVELOPmeNT BOND APPLICATION WHEREAS, City Council held a duly advertised public hearing in order to consider the establishment of an Industrial Bond Authority; and WHEREAS, the City Council does wish to act as the Industrial Development Authority; and I'~EREAS, certain administrative costs will be incurred by the City when processing any Industrial Development Revenue Bond requests for consideration. NOW, THEREFORE, BE IT RESOLVED, that the City Council of the City of Rancho Cucamonga amends the comprehensive fee schedule, Resolution No. 79-01 as follows: 6.4. Fee for Industrial Development Bond Application: A fee in amount 1/4 of 1% of the established maximum amount of the proposed bond application and not less than $1,250. PASSED, APPROVED, and ADOPTED this 17th day of February, 1982. AYES: Frost, Mikeis, Palombo, Bridge, Schlosser NOES: None ABSENT: None ATTEST: Lauren M. Wasserman, City Clerk