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HomeMy WebLinkAboutCC RES 82-155RESOLUTION N0. 82-155 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PALM DESERT, CALIFORNIA, APPROVING THE ISSU- ANCE OF A SUBORDINATED TAX ALLOCATION PROMISSORY NOTE BY THE PALM DESERT REDEVELOPMENT AGENCY. 0 . THE CITY COUNCIL OF THE CITY OF PALM DESERT, HEREBY FINDS, DETERMINES, RESOLVES AND ORDERS AS FOLLOWS: Section l. The issuance of a Subordinated Tax Allocation Promissory Note by the Palm Desert Redevelopment Agency pursuant to a Resolution of the Agency, substantially in the form attached hereto as Exhibit A, is hereby approved. PASSED, APPROVED and ADOPTED by the City Council of the City of Palm Desert, California, on this 2nd day of December, 1982, by the following vote, to wit: AYES: NOES: ABSENT: ABSTAIN: ATTEST: � SHEILA R. G CITY OF PAL Jackson, Kelly, Snyder, Wilson & Puluqi Non e Non e Non e IGAN, C CLERK DESERT LIFORNIA � � ..� i���/-� .� � . � , �.