HomeMy WebLinkAboutRDA RES 593RESOLUTION NO. 593
A RESOLUTION OF THE PALM DESERT REDEVELOPMENT AGENCY
PURSUANT TO ASSEMBLY BILL 936 CONCERNING FORGIVENESS OF LOANS,
ADVANCES, OR OTHER INDEBTEDNESS
THE PALM DESERT REDEVELOPMENT AGENCY HEREBY FINDS,
DETERMINES, RESOLVES AND ORDERS AS FOLLOWS:
A. The Palm Desert Redevelopment Agency (the "Agency") is a redevelopment
agency in the City of Palm Desert (the "City"), created pursuant to the Community
Redevelopment Law (Part 1(commencing with Section 33000) of Division 24 of the
California Health and Safety Code) (the "Redevelopment Law").
B. Assembly Bill 936, effective January 1, 2012, provides that by no later than
February 1, 2012, a redevelopment agency or 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 redevelopment agency or public body has forgiven the repayment, wholly or partially, of
any loans, advances, or indebtedness owed to or owed by the redevelopment agency, as
appropriate.
NOW, THEREFORE, BE IT RESOLVED BY THE PALM DESERT
REDEVELOPMENT AGENCY OF THE CITY OF PALM DESERT, CALIFORNIA AS
FOLLOWS:
Section 1. The Agency has not wholly or partially forgiven the repayment of any
loans, advances, or indebtedness owed to the Agency by any public body during the period
of time from January 1, 2010, through December 31, 2011.
Section 2. No public body has wholly or partially forgiven the repayment of any
loans, advances, or indebtedness owed by the Agency to such public body during the
period of time from January 1, 2010, through December 31, 2011.
Section 2. The Agency hereby authorizes and directs the Executive Director to
transmit a copy of this Resolution to the City Council of the City of Palm Desert and to the
California State Controller within 10 days of the adoption of this Resolution.
Section 3. The Agency Secretary shall certify to the adoption of this resolution.
PASSED, APPROVED AND ADOPTED this 26T" day of January, 2012.
AYES: B�xsox, FINERTY, HARNIR, KEt00NEN, and SPIEGEL
NOES: rrorrE
ABSENT: xoxE
ABSTAIN: Nor� ���� C�i
ROBERT A. SPIEGEL, HAI
A T�
RACHELLE D. KLAS EN, SECRET RY
PALM DESERT REDEVELOPMENT AGENCY
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