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