HomeMy WebLinkAbout12-011 - Resolutions RESOLUTION NO. 12-011
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
RANCHO CUCAMONGA PURSUANT TO ASSEMBLY BILL 936
CONCERNING FORGIVENESS OF LOANS, ADVANCES, OR
OTHERINDEBTEDNESS
RECITALS:
A. Assembly Bill 936, effective January 1, 2012, provides that by no later than
February 1, 2012, a public body must adopt a resolution stating whether or not during the period
of time from January 1, 2010, through December 31, 2011, the public body has forgiven the
repayment, wholly or partially, of any loans, advances or indebtedness owed to the public body
by a redevelopment agency.
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF RANCHO CUCAMONGA
HEREBY FINDS, DETERMINES, RESOLVES, AND ORDERS AS FOLLOWS:
Section 1. The City has not wholly or partially forgiven the repayment of any loans,
advances or indebtedness owed to the City by a redevelopment agency during the period of
time from January 1, 2010, through December 31, 2011.
Section 2. The City Council hereby authorizes and directs the City Manager to
transmit a copy of this Resolution to the California State Controller within 10 days of the
adoption of this Resolution.
Section 3. The City Clerk shall certify to the adoption of this resolution.
Please see the following page
for formal adoption,certification and signatures
PASSED, APPROVED, AND ADOPTED this 18`h day of January 2012.
AYES: Alexander, Buquet, Michael, Spagnolo, Williams
NOES: None
ABSENT: None
ABSTAINED: None
L. en . Michael, Mayor
ATTEST:
cf Aq, j,v,a,Pst�a
&ice C. Reynolds, City Clerk
I, JANICE C. REYNOLDS, CITY CLERK of the City of Rancho Cucamonga,
California, do hereby certify that the foregoing Resolution was duly passed, approved and
adopted by the City Council of the City of Rancho Cucamonga, California, at a Regular Meeting
of said City Council held on the 18`h day of January 2012.
Executed this 19th day of January 2012, at Rancho Cucamonga, California.
nice C. Reynolds, Ci y'Clerk
Resolution No. 12-011 - Page 2 of 2