HomeMy WebLinkAboutRDA RES 146RESOLUTION NO. 146
A RESOLUTION OF THE CITY OF PALM DESERT REDEVELOPMENT
AGENCY ACCEPTING AN ADVANCE FROM THE CITY OF PALM
DESERT FOR COSTS ASSOCIATED WITH THE BEAUTIFICATION
OF HIGHWAY 111.
WHEREAS, the City of Palm Desert has offered an advance in the
amount of $205,000.00 to defray costs associated with the Highway 111
Beautification Project;
NOW, THEREFORE BE IT RESOLVED by the City of Palm Desert Re-
development Agency that the Agency hereby accepts the advance offered
with the consideration that it is to be repaid, with interest as currently
provided, upon receipt of sufficient Tax Increments.
PASSED, APPROVED and ADOPTED on this
1981, by the following vote to wit:
9eith day of NnvPmhar
AYES: McPherson, Newbrander, Puluqi, Snyder & Wilson
NOES: None
ABSENT: None
ABSTAIN: None
(Sr:0Y W,ItS0r,
ATTFST:
SHEILA R. GILLIGAN, SECRETARY
PALM DESERT REDEVELOPMENT AGENCY
CHAIRMAN