HomeMy Public PortalAbout2012.003 - LRA (01-17-12)RESOLUTION NO. 2012.003
A RESOLUTION OF THE LYNWOOD REDEVELOPMENT AGENCY, CALIFORNIA,
REGARDING FORGIVENESS OF LOANS TO PUBLIC BODIES AS REQUIRED BY
AB 936
WHEREAS, Health & Safety Code Section 33354.8 requires the adoption, on or
before February 1, 2012, of a resolution stating whether or not the repayment, wholly or
partially, of a loan, advance, or indebtedness owed by a public body to a redevelopment
agency or by a redevelopment agency to a public body, has been forgiven during the
period of time commencing January 1, 2010 through December 31, 2011; and
WHEREAS, during the period of time commencing January 1, 2010 through
December 31, 2011, there were no loans, advances or indebtedness from the
Redevelopment Agency of the City of Lynwood ( "Agency ") to any public body
outstanding; and
WHEREAS, during the period of time commencing January 1, 2010 through
December 31, 2011, there were no loans, advances or indebtedness from any public
body to the Agency that were forgiven wholly or partially.
NOW, THEREFORE, BASED ON THE EVIDENCE PRESENTED TO THE
AGENCY, INCLUDING THE WRITTEN STAFF REPORT AND ORAL TESTIMONY ON
THIS MATTER, THE AGENCY DOES HEREBY FIND, DETERMINE AND RESOLVE
AS FOLLOWS:
Section 1. During the period of time from January 1, 2010 through December
31, 2011, the Agency did not forgive, wholly or partially, any loans to any public body.
Section 2. During the period of time from January 1, 2010 through December
31, 2011, no public body forgave, wholly or partially, any loans to the Agency.
Section 3. The Agency Secretary shall transmit a copy of this resolution to the
City Council of the City of Lynwood and to the Office of the State Controller within 10
days of the adoption of this resolution.
Section 4. The Agency Secretary shall certify as to the adoption of this
resolution and shall cause the same to be processed in the manner required by law.
PASSED, APPROVED and ADOPTED this 17 day of January, 2012.
Jim Morton, Chair
ATTEST:
Maria Quinonez, Secretary
APPROVED AS TO FORM: APPROVED AS TO CONTENT:
� � Z// - -
Fred Galante, Agency Counsel
6�;
Roger L. Haley, xecutive Director
STATE OF CALIFORNIA )
) SS.
COUNTY OF LOS ANGELES )
I, the undersigned, Secretary of the Lynwood Redevelopment Agency, do hereby
certify that the foregoing Resolution was passed and adopted by the Agency at its
regular meeting held on the 17 day of January, 2012.
AYES: MEMBERS CASTRO, RODRIGUEZ, SANTILLAWBEAS, ALATORRE
AND MORTON
NOES: NONE
ABSENT: NONE
ABSTAIN: NONE
Maria Quinonez, Secretary
STATE OF CALIFORNIA )
) SS.
COUNTY OF LOS ANGELES )
I, the undersigned, Secretary of the Lynwood Redevelopment Agency, do hereby
certify that the above foregoing is a full, true and correct copy of Resolution No.
2011.003 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.
Maria Quinonez, Secretary