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2023/07/25 City Council Resolution 2023-061 RESOLUTION NO. 2023-061 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, construction of the Senior Center Restroom Renovation Project is complete, but can utilize additional funding with remaining administrative tasks; and, WHEREAS, the 2007R Tax Allocation Bond Proceeds (Fund 7120) have earned $2,127.25 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 $2,127.25 of 2007R Tax Allocation Bond interest to the Senior Center Restroom Renovation Project No. 2015-07, Fund 7120. DULY AND REGULARLY ADOPTED this 25 day of July, 2023. CITY OF ROHNERT PARK S. • i riguez, Mayor ATTEST: A Elizabeth Machado, Assistant City Clerk ELWARD: YM c GIUDICE:�� '�SANBORN: � HOLLINGSWORTH-ADAMS: e RODRIGUEZ: ---TT AYES: ( 5 ) NOES: ( y5 ) ABSENT: (I/j ) ABSTAIN: (VS )