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HomeMy WebLinkAbout6819 RESOLUTION NO. 6819 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ARCADIA, CALIFORNIA, REGARDING FORGIVENESS OF LOANS TO AND FROM PUBLIC BODIES AS REQUIRED BY HEALTH AND SAFETY CODE SECTION 33354.8 WHEREAS, Health & Safety Code Section 33354.8 requires the adoption, on or before February 1, 2012, of a resolution declaring whether the repayment, wholly or partially, of a loan, advance, or indebtedness owed to a public body by another public body, has been forgiven during the period of time commencing January 1, 2010 through December 31, 2011; and WHEREAS, during the period of time commencing January 1, 2010 through December 31, 2011, there were no repayments of loans, advances or indebtedness from or to any public body with the City of Arcadia that were forgiven wholly or partially. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF ARCADIA, CALIFORNIA, DOES HEREBY FIND, DETERMINE, AND RESOLVE AS FOLLOWS: SECTION 1. The Recitals preceding this Resolution are true and correct and are incorporated into this Resolution. SECTION 2. The City Council hereby declares that during the period of time from January 1, 2010 through December 31, 2011, the City did not forgive, wholly or partially, the repayment of any loans, advances or indebtedness made to any public body. SECTION 3. The City Council hereby declares that during the period of time from January 1, 2010 through December 31, 2011, no public body forgave, wholly or partially, the repayment of any loans, advances or indebtedness made to the City. 1 SECTION 4. The City Council hereby authorizes the City Clerk to transmit a copy of this resolution to the Office of the State Controller within ten (10) days of the adoption of this Resolution. SECTION 5. This Resolution shall take effect immediately. SECTION 6. The City Clerk shall certify to the adoption of this Resolution. Passed, approved and adopted this Zest day of February , 2012. . r of "7- City of Arcadia ATTEST: City Clerk APPROVED AS TO FORM: 0-6C-61374i F-ttyfaiteA,. b , Stephen P. Deitsch City Attorney 2 STATE OF CALIFORNIA ) COUNTY OF LOS ANGELES ) SS: CITY OF ARCADIA ) I, JAMES H. BARROWS, City Clerk of the City of Arcadia, hereby certifies that the foregoing Resolution No. 6819 was passed and adopted by the City Council of the City of Arcadia, signed by the Mayor and attested to by the City Clerk at a regular meeting of said Council held on the 21st day of February, 2012 and that said Resolution was adopted by the following vote, to wit: AYES: Council Members Amundson, Chandler, Harbicht, Segal and Kovacic NOES: None ABSENT: None City Clerk of the City of Arcadia 3