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2021/12/14 City Council Resolution 2021-139 RESOLUTION NO. 2021-139 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ROHNERT PARK AUTHORIZING THE CITY MANAGER TO APPROPRIATE ACCUMULATED INTEREST FROM 2007R TAX ALLOCATION BOND PROCEEDS TO THE SENIOR CENTER RESTROOM RENOVATION PROJECT (2015-07) WHEREAS, the City Council approved the Expenditure Agreement (Agreement) for Excess 2007R Tax Allocation Bond Proceeds and authorized the use of proceeds on select projects through Resolution 2015-024; and WHEREAS, the Senior Center Restroom Renovation Project No. 2015-07 was among the projects selected; and, WHEREAS, the Senior Center Restroom Renovation Project is in the construction stage with the ability to utilize additional funding; and, WHEREAS, the 2007R Tax Allocation Bond Proceeds have earned $6,311 in interest that needs to be appropriated for a use consistent with the Agreement, NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Rohnert Park that it does hereby authorize the City Manager, or his/her designee, to appropriate $6,311 of 2007R Tax Allocation Bond interest to the Senior Center Restroom Renovation Project No. 2015-07. DULY AND REGULARLY ADOPTED this 14th da P ecember, 2021. CIT 1 N 1 ' NERT PARK I►/g G: , I�'' dice, Mayor ATTEST: Elizab th Machado, Deputy City Clerk HOLLINGSWORTH-ADAMS: ALj€ LINARES: e STAFFORD: Pttle ELWARD: Rtie GIUDICE: 141,{.f. AYES: (5 ) NOES: ( 95 ) ABSENT: ( 0 ) ABSTAIN: ( Qf ) 1