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HomeMy Public PortalAbout2012.021 (01-17-12)RESOLUTION NO. 2012.021 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LYNWOOD, CALIFORNIA REGARDING FORGIVENESS OF LOANS TO PUBLIC BODIES AS REQUIRED BY AB 936 WHEREAS, the City of Lynwood ( "City ") is a municipal corporation and a general law city organized and existing under the Constitution of the State of California; and WHEREAS, the Lynwood Redevelopment Agency, a public body, corporate and politic ( "Agency'), is the redevelopment agency performing redevelopment functions within the territorial limits of the City pursuant to the California Community Redevelopment Law (Health & Safety Code §§ 33000, et seq ); and . WHEREAS, the California Community Redevelopment Law, pursuant to Health and Safety Code § 33354 8, requires that the City (a public body) adopt a resolution after January 1, 2012 and prior to February 1, 2012, declaring whether or not it has forgiven, during the period of time commencing January 1, 2010, and ending December 31, 2011, the repayment, wholly or partially, of a loan, advance, or indebtedness that has been owed by the Agency to the City; and WHEREAS Health and Safety Code § 33354 8 also requires that within ten (10) days after the adoption of the resolution, the City transmit a copy of the resolution to the California State Controller NOW, THEREFORE, THE CITY COUNCIL OF THE "CITY OF LYNWOOD RESOLVES AS FOLLOWS: Section 1. Based upon the best knowledge of City staff and the City Council, during the period between January 1, 2010, and December 31, 2011, the City has not forgiven the repayment, wholly or partially, of a loan, advance, or indebtedness that has been owed by the Agency to the City Section 2. Not later than ten (10) days after the adoption of this Resolution, the City Clerk shall transmit a copy of this Resolution to the California State Controller PASSED, APPROVED and ADOPTED this 17 day of January, 2012. Jim Morton, Mayor ATTEST: Maria Quinonez, City Clerk APPROVED AS TO FORM: O � Fred Galante, City Attorney APPROVED AS TO CONTENT: STATE OF CALIFORNIA ) ) SS. COUNTY OF LOS ANGELES ) I, the undersigned, City Clerk of the City of Lynwood, do hereby certify that the foregoing Resolution was passed and adopted by the City Council of the City of Lynwood at a regular meeting held on the 17 day of January; 2012. AYES COUNCIL MEMBERS CASTRO, RODRIGUEZ, SANTILLAWBEAS, ALATORRE AND MORTON NOES NONE ABSENT NONE' ABSTAIN:' NONE r t- 1-1 1 Maria Quinonez, City Clerk STATE OF CALIFORNIA ) ) SS. COUNTY OF LOS ANGELES ) I, the undersigned City Clerk of the City of Lynwood, and the Clerk of the City Council of said City, do hereby certify that the above foregoing is a full, true and correct copy of Resolution No 2012.021 on file in my office and that said Resolution was adopted on the date and by the vote therein stated Dated this 17 day of January, 2012. E" E Maria Quinonez, City Clerk