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HomeMy WebLinkAboutReso 2002-077 RESOLUTION NO. 2002-077 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA APPROVING THE RENEWAL OF THE AGREEMENT WITH CDC SMALL BUSINESS FINANCE CORPORATION TO MARKET FINANCIAL SERVICES TO CHULA VISTA BUSINESSES WHEREAS, the City of Chula Vista ("City") is committed to providing high quality economic development services to existing and prospective businesses and offering access to capital for these businesses; and WHEREAS, CDC Small Business Finance Corp. ("CDC") is the nation's top community-based economic development lender and the top Small Business Association (SBA) lender in San Diego County; and WHEREAS, it is in the mutual interests of the City and CDC to continue to promote economic development finance programs within the City. NOW, THEREFORE, BE IT RESOLVED the City Council of the City of Chula Vista does hereby approve the agreement between the City of Chula Vista and CDC Small Business Finance Corp. to carry out the terms of the agreement in the form presented, copies of which shall be kept on file in the Office of the City Clerk. BE IT FURTHER RESOLVED that the Mayor is hereby authorized to execute said agreement on behalf of the City of Chula Vista. Presented by Approved as to form by Chris Salomone v Community Development Director Ci~, Attorney Resolution 2002-077 Page 2 PASSED, APPROVED, and ADOPTED by the City Council of the City of Chula Vista, California, this 19th day of March, 2002, by the following vote: AYES: Councilmembers: Davis, Rindone, Salas and Horton NAYS: Councilmembers: None ABSENT: Councilmembers: Padilla Shirley Ho~n, Mayor ATTEST: Susan Bigelow, City Clerk '~ STATE OF CALIFORNIA ) COUNTY OF SAN DIEGO ) CITY OF CHULA VISTA ) I, Susan Bigelow, City Clerk of Chula Vista, California, do hereby certify that the foregoing Resolution No. 2002-077 was duly passed, approved, and adopted by the City Council at a regular meeting of the Chula Vista City Council held on the 19th day of March, 2002. Executed this 19th day of March, 2002. Susan Bigelow, City Clerk