HomeMy WebLinkAboutRDA RDA LOAN AGREE 06-02-86,,,_DEVELOPMENT AGENCY
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TO:
FROM:
SUBJECT:
WILLIAM A. HUSTOli, CITY MillAGE
FI#ARCE DEPARTtlF. JJT
LOAR AGREEMENT TUSTIIi COI~U#XTY REDEVELOPtlENT AGENCY - SOUTlt
CENTRAL PROJECT AREA MID CITY OF TUSTIil
RECOMMENDATION
At their meeting of June 2, 1986 the City Council and the Redevelopment
Agency authorize the Mayor and Chairman respectively to sign the
attached loan agreement authorizing the action taken at their meeting of
January 6, 1986.
DISCUSSION
This action will simply formalize actions previously taken by both
par~s and provide clear and distinct debt documents for purposes of
s~ement funds from the County.
Rona~d A. Nault
Finance Director
RAN:skf
AGREEMENT IS ATTACHED TO CONSENT CALENDAR NO. 8 OF THIS AGENDA.