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RESOLUTION NO. 83-45
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
TUSTIN, APPROVING THE EXTENSION OF LOAN MADE TO
PUBLIC AGENCY DATA SYSTEMS.
WHEREAS, the City is a member of the joint exercise of powers authority
known as Public Agency Data Systems; and
WHEREAS, the City Council has authorized a loan to be made to Public Agency
Data Systems payable June 30, 1982 and extended to June 30, 1983; and
WHEREAS, the Board of Directors of Public Agency Data Systems has requested
an additional one (1) year extension on this loan;
NOW, THEREFORE, the City Council of the City of Tustin does hereby resolve
as follows:
Section 1. That the due date on the loan of $35,000 is authorized to
be extended to June 30, 1984.
Section 2. That said loan will continue to bear interest at ten
percent (10%) per. annum,
PASSED AND ADOPTED at a regular meeting of the City Council held this
18th day of July , 1983.
ATTEST:
Ronald B. Hoesterey, Mayor~
Mary E. /~n~ 0 -
City CI~
STATE OF CALIFORNIA )
COUNTY OF ORANGE ) SS
CITY OF TUSTIN )
MARY E. WYNN, City Clerk and ex-officio Clerk of the City Council of the City of
Tustin, California, does hereby certify that the whole number of the members of
the City Council of the City of Tustin is five; that the above and foregoing
Resolution No. 83-45 was duly and regularly introduced, passed and adopted at a
regular meeting of the City Council hel.d on the 18th day of July, 1983, by the
fol 1 owl ng vote:
AYES · COUNCILPERSONS: Hoesterey, Kennedy, Edgar, Greinke, Saltarelli
NOES · COUNCILPERSONS- None
ABSENT' COUNCILPERSONS' None
MARY E. WYNN, C it~lerk- /~
City of Tusti n, Ca'l'i forni a
U