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HomeMy WebLinkAbout81-105 - ResolutionsRESOLUTION NO. 81-105 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO CUCAMONGA, CALIFORNIA CREATING A COMMUNITY REDEVELOPMENT AGENCY ADMINISTRATIVE FUND. W~EREAS, the City Council, in accordance with the provisions of the California Community Redevelopment Law, desires to initiate a redevelopment program in the City of Rancho Cucamonga; and WHEREAS, the City Council has designated itself as the Rancho Cucamonga Redevelopment Agency; and WHEREAS, said California Community Redevelopment Law provided for the creation of a Community Redevelopment Agency Administrative Fund for the purpose of accounting for administrative expenses of the Agency and funds advanced therefore by the City Council. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Rancho Cucamonga that a Community Redevelopmerit Agency Administrative Fund is hereby created for the purpose of accounting for administrative costs of the Rancho Cucamonga Redevelopment Agency and funds advanced therefore by this City Council. PASSED, APPROVED and ADOPTED this 1st day of July, 1981. AYES: Frost, MikeIs, Palombo, Bridge, Schlosser NOES: None ABSENT: None PhilliJ~"D. Schlosser, Mayor ATTEST: ~Lauren M. Wasserman, City Clerk