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HomeMy WebLinkAboutCC Res 2607 1976-10-26 I I I .. .~ " -. RESOLUTION NUMBER c260 1 A RESOilll'ION OF 'IRE CITY COONCIL OF 'IRE CITY OF SEAL BEACH ACCEPI'ING A $60,000 DEBT REPAYMENT FRa.1 THE REDEVELOPMENT AGENCY AND PLACING SAID FUNDS IN 'IRE ''MAIN STREET IMPROVEMENT FUND.' I WHEREAS, the City of Seal Beach loaned the Redevelopnent Agency of the City of Seal Beach moneys to construct the Marina Cormnmi ty Center; and WHEREAS, the City of Seal Beach wishes to begin implementing improvements to Main Street; and WHEREAS, the Redevelopnent Agency, by resolution, has offered to repay $60,000 owed to the City of Seal Beach. NOW, THEREFORE, BE IT RESOLVED that, the City Council of the City of Seal Beach does hereby accept the repayment of $60,000 fram the Redevelopment Agency and does designate the moneys to be placed in a "Main Street Improvement Ftmd." PASSED, APPROVED AND ADOPTED by the City Council of the City of Seal Bea;;;A, Falj.for,nia, at a meeting thereof held on the ,.,26V! day of U/t!.~/tJ , 1976, by the following vote: AYES: COl1!1Cil1nen~ih~ /Jd!f oJ;u~ ~/~ NOES: ColDlcilmen ~.I J ABSENT: Councilman ~ .P ./ ~~oe_~7'- Mayor ..' ~... ~.. '. , ..~.. ~.. ,.. ATI'EST:~"'~- - ... .. r"a . 0' ~..~...... '. ) - .0;.,.- , , ~