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HomeMy WebLinkAboutReso 1977-8706RESOLUTION NO. 8706 RESOLUTIONd OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA APPROVING LOAN TO THE REDEVELOPMENT AGENCY FOR APPRAISALS ON THE TOWN CENTRE PROJECT AND APPROPRIATING FUNDS The City Council of the City of Chula Vista does hereby resolve as follows: WHEREAS, the City Council of the City of Chula Vista is authorized by Section 1105 of the City Charter to amend or supple- ment the annual city budget by the affirmative votes of at least four members at any meeting after its adoption, and WHEREAS, the Redevelopment Agency, at its meeting of July 7, 1977, approved the procurement of real estate valuation appraisals for the La Jolla/Collins development area, and WHEREAS, in order to fund the appraisals, it will be necessary to obtain a loan from the City's unappropriated reserves in the amount of $25,050 with the remaining $8,350 to come from the Block Grant Account P1o. 630-6300-BG 37. NOW, TfiEREFORE, BE IT RESOLVED that the City Council of the City of Chula Vista does hereby approve a loan to the Redevelop- ment Agency in the amount of $25,050 for appraisals on the Town Centre Project and does hereby appropriate the sum of $25,050 from the unappropriated reserve of the General Fund for said appraisals. Pres e by •~ Paul Desrochers, Community Development Director Approved as to form by -. ~~ ~ -~-~~ ,%~' ~ ~; ~- ~_~ ~~ ' fir--, George D. Lindberg, City Attorney ADOPTED AND APPROVED by the CITY COUNCIL of the CITY OF CHULA VISTA, CALIFORNIA, this 12th day of July , 1977 ~ by the following vote, to-wit: AYES: Councilmen Scott, Egdahl_~ Hobel, Cox, Hyde NAYES: Councilmen None ABSENT: Councilmen None r2ayor of the City of Chula ista ATTEST ~ eputy City Clerk STATE OF CALIFORNIA) COUNTY OF SAN DIEGO) ss. CITY OF CHULA VISTA) City of a full, same has I, . Chula Vista, California, DO HEREBY CERTIFY true and correct copy of Resolution No. not been amended or repealed. DATED City Clerk of the that the above is and that the City Clerk