2000/10/10 City Council Resolution (12)RESOLUTION NO. 2000 -208
RESOLUTION OF THE CITY COUNCIL OF
THE CITY OF ROHNERT PARK MAKING FINDINGS AND AUTHORIZING
THE EXPENDITURE OF CERTAIN FUNDS IN CONNECTION
WITH IDENTIFIED PUBLIC IMPROVEMENTS
WHEREAS, the Community Development Commission of the City of
Rohnert Park (the "Commission") wishes to expend a portion of the proceeds of its
Community Development Commission of the City of Rohnert Park Redevelopment
Project Tax Allocation Bonds, Series 1999 (the "Bonds ") for the purpose of financing the
construction of a public street providing ingress and egress to the library and to the city
hall ( "Project ");
WHEREAS, pursuant to Health and Safety Code Section 33445, the
Commission may only expend these funds with the consent of the City Council;
WHEREAS, the City Council has determined and wishes to confirm that
the construction of the Project is of benefit to the Rohnert Park Redevelopment Project,
that use of the proceeds of the Bonds to finance the Project is the only reasonable means
of financing the Project and that the use of the proceeds of the Bonds to finance the
Project will assist in the elimination of blight in the Rohnert Park Redevelopment Project
area.
NOW, THEREFORE, BE IT HEREBY RESOLVED by the City Council of the
City of Rohnert Park that the City Council hereby consent to the use of the proceeds of
the Bonds for the financing of the Project as proposed by the Community Development
Commission.
DULY AND REGULARLY ADOPTED this 10th day of October, 2000.
CITY OF ROHNERT PARK
ATTEST:
FLORES: AYE MACKEN2IEt AYE REDLY: AYE SPIRO: AYE VIDAK- MARTINEZ: AYE
AYES: (5) NOES: (0) ABSENT: (0) ABSTAIN: (0)