HomeMy WebLinkAboutCC RES 2012-04RESOLUTION NO. 2012- 04
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PALM DESERT
PURSUANT TO ASSEMBLY BILL 936 CONCERNING FORGIVENESS OF
LOANS, ADVANCES, OR OTHER INDEBTEDNESS
THE CITY OF PALM DESERT HEREBY FINDS, DETERMINES,
RESOLVES AND ORDERS AS FOLLOWS:
A. Assembly Bill 936, effective January 1, 2012, provides that by no later
than February 1, 2012, a public body must adopt a resolution stating whether or not
during the period of time from January 1, 2010, through December 31, 2011, the public
body has forgiven the repayment, wholly or partially, of any loans, advances or
indebtedness owed to the public body by a redevelopment agency.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY OF PALM DESERT,
CALIFORNIA AS FOLLOWS:
Section 1. The City has not wholly or partially forgiven the repayment of any
loans, advances or indebtedness owed to the City by a redevelopment agency during
the period of time from January 1, 2010, through December 31, 2011.
Section 2. The City Council hereby authorizes and directs the City Manager to
transmit a copy of this Resolution to the California State Controller within 10 days of the
adoption of this Resolution.
Section 3. The City Clerk shall certify to the adoption of this resolution.
PASSED, APPROVED AND ADOPTED this 26TH day of January, 2012.
AYES: BENSON, FINERTY, HARNIK, KROONEN, and SPIEGEL
NOES: NONE
ABSENT: NONE
ABSTAIN: NONE
/;
ROBERT A. SPIEGEL,
ATTEST:
LLE D. KLA EN, CITY CLERK
CITY OF PALM DESERT
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