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HomeMy WebLinkAbout1979-064 1 RESOLUTION NO. 19- t rI 2 RESOLUTION OF THE CITY OF SAN BERNARDINO AUTHORIZING THE EXECUTION OF AN AGREEMENT WITH SAN BERNARDINO WESTS IDE COMMUNITY 3 DEVELOPMENT CORPORATION RELATING TO A LOAN OF ONE HUNDRED THOUSAND DOLLARS FOR ACQUISITION AND CONSTRUCTION OF FACILITIES. 4 BE IT RESOLVED BY THE MAYOR AND COMMON COUNCIL OF THE CITY 5 OF SAN BERNARDINO AS FOLLOWS: 6 SECTION 1. The Mayor of the City of San Bernardino is 7 hereby authorized and directed to execute on behalf of said City 8 an Agreement with San Bernardino Westside Community Development 9 Corporation relating to a loan of One Hundred Thousand Dollars for 10 acquisition and construction of facilities, a copy of which 11 is attached hereto, marked Exhibit "I" and incorporated herein 12 by reference as fully as though set forth at length. 13 I HEREBY CERTIFY that the foregoing resolution was duly 14 adopted by the Mayor and Common Council of the City of San 15 Bernardino at on the '1ft :: o:1:7i:;-~~ 1979, by the following meeting thereof, held 16 17 vote, to wit: 18 AYES: Councilmen ~A-*_.L, gJ.L~ ~A~_ j ~~ :t'::~~ ~ ~. 19 20 NAYS: 21 ABSENT: 22 ~/4M/~~d / City Clerk The foregoing resolution is hereby of ~~1- ' 1979. cfX day 23 24 25 26 27 28 [:FR P,;Q7q u h~' '- CITY CLERi\S OFFICE iIY..,....u,....."........"....~.",.li..".....,.u,.PfPUll ./:,'"i J 1 A G R E E MEN T 2 (Loan for Acquisition and Construction of Facilities) 3 THIS AGREEMENT is made and entered into this 8 day of 4 March , 1979, by and between the CITY OF SAN BERNARDINO, 5 a municipal corporation, 300 North "D" Street, San Bernardino, 6 California, hereinafter referred to as "City", and SAN BERNARDINO 7 WESTSIDE COMMUNITY DEVELOPMENT CORPORATION, a non-profit 8 corporation, 1708 West Highland Avenue, San Bernardino, California 9 hereinafter referred to as "WCDC". 10 WIT N E SSE T H: 11 WHEREAS, City holds certain funds under a grant from the 12 United States Department of Housing and Urban Development as a 13 part of the Community Development Block Grant program; and 14 WHEREAS, WCDC is a neighborhood based non-profit community 15 development corporation; and 16 WHEREAS, WCDC is acquiring, from the Redevelopment Agency 17 of the City of San Bernardino, 11.5 acres of land in the State 18 College Project Area, depicted on Exhibit "A", attached hereto 19 and incorporated herein by reference, on which WCDC proposes to 20 construct and operate a concrete products manufacturing plant, 21 administrative offices, a training and research center, and a 22 light manufacturing facility; and 23 WHEREAS, WCDC has requested a loan of One Hundred Thousand 24 Dollars ($100,000.00), with which to "leverage" other public and 25 private funds necessary for the property acquisition and con- 26 struction of the planned facilities, 27 NOW, THEREFORE, in consideration of the mutual covenants, 28 conditions, provisions, legal detriments and agreements herein- EXHIBIT "I" 1 after set forth, it is agreed as follows: 2 1. City agrees to lend to WCDC the sum of One Hundred 3 Thousand Dollars ($100,000.00) from Community Development Block 4 I Grant funds, to be used for the purposes of acquisition and i 5 idevelopment of a concrete block manufacturing facility, a 55,000 i 6 square foot light manufacturing facility, a 15,000 square foot 7 research and training center, and a 35,000 square foot office 8 complex, on 11.5 acres of land located in the State College Pra~ 9 ject Area of the Redevelopment Agency of the City of San Bernardin , 10 the acquisition of which was approved by Resolution No. 13489 of 11 the City of San Bernardino. 12 2. Concurrently with the receipt of the One Hundred 13 Thousand Dollars ($100,000.00), WCDC agrees to execute a single 14 payment promissory note, to the order of City, in the principal 15 sum of One Hundred Thousand Dollars ($100,000.00), plus interest 16 at the rate of five percent (5%) compounded annually, with 17 principal and interest due and payable three years from the date 18 IOf execution of the note, or upon notice from City pursuant to 19 Section 9 of this agreement. 20 3. The Executive Director of WCDC shall, at all times 21 hereunder, be responsible for the direction of WCDC's performance 22 hereunder in all respects. 23 4. WCDC shall maintain and keep books and records on a 24 25 to City and in accordance with generally acceptable accounting 26 principles. Said books and records shall be made available to 27 City, the State of California, the Federal government and to any 28 ,authorized representatives thereof for purposes of audit at all -2- I' I 1 reasonable times and places. All such books and records shall be 2 retained for such periods of time as required by law; provided, 3 however, notwithstanding any shorter periods of retention, all 4 books, records and supporting detail shall be retained for a 5 period of at least three years after the expiration of the term 6 of this agreement. 7 5. The programs of WCDC funded hereunder shall be made 8 available to residents and inhabitants of the City of San 9 Bernardino. No person shall be denied service because of race, 10 color, creed, or sex. WCDC shall have and comply with 11 Affirmative Action guidelines in its employment practices. 12 6. City reserves the right to require WCDC to obtain the 13 prior written consent of City for the imposition of any charges 14 or fees, and the amounts thereof for such funded programs, and of 15 any rules and regulations governing said programs. 16 7. WCDC hereby agrees to, and shall, hold City, its 17 elective and appointive boards, officers, agents and employees, 18 harmless from any liability for damage or claims for damage for 19 personal injury, including death, as well as from claims for 20 property damage which may arise from WCDC's or any of sub- 21 contractor's operations under this agreement, whether such 22 operations be by WCDC or by any subcontractor, or subcontractors, I lor by anyone or more persons directly or indirectly employed by, I or acting as agent for, WCDC or any subcontractor or subcon- 23 24 25 tractors. WCDC agrees to, and shall, defend City and its elective 26 and appointive boards, officers, agents and employees from any 27 suits or actions at law or in equity for damages caused, or 28 alleged to have been caused, by reason of any of the aforesaid -3- I' II 1 operations. 2 8. WCDC agrees to conform to and abide by the provisions 3 of "Section 1. Reconunendations", of a portion of a report 4 entitled "Report of the Special Council Subconunittee for Social 5 Service Funds" dated and adopted on February 18, 1975, and on 6 file in the Office of the City Clerk of City. 7 9. If WCDC shall fail to comply with any term, condition 8 or provision of this agreement or to expend or use the funds as 9 herein provided, the City may demand inunediate repayment of the 10 principal sum plus interest, and such amount shall inunediately 11 be due and payable. 12 10. During the term of this agreement, WCDC agrees as 13 follows: 14 (al WCDC will not discriminate against any employee 15 or applicant for employment because of race, color, religion, sex, 16 or national origin. WCDC will take affirmative action to ensure 17 that applicants are employed, and that employees are treated 18 during employment, without regard to their race, color, religion, 19 sex, or national origin. Such action shall include, but not be 20 limited to the following: employment, upgrading, demotion, or 21 transfer; recruitment or recruitment advertising; layoff or 22 termination; rates of payor other forms of compensation; and 23 selection for training, including apprenticeship. WCDC agrees 24 to post in conspicuous places, available to employees and 25 applicants for employment, notices to be provided by the City 26 setting forth the provisions of this nondiscrimination clause. 27 (bl WCDC will, in all solicitations or advertisements 28 for employees placed by or on behalf of WCDC, state that all -4- 10 11 1 qualified applicants will receive consideration for employment 2 without regard to race, color, religion, sex, or national origin. 3 (c) WCDC will send to each labor union or repre- 4 sentative of workers with which it has a collective bargaining 5 agreement or other contract or understanding, a notice, to be 6 provided by the City, advising the labor union or workers' repre- sentative of wcbc's commitments under Section 202 of Executive 7 8 Order No. 11246 of September 24, 1965, and shall post copies of 9 the notice in conspicuous places available to employees and applicants for employment. (d) WCDC will comply with all provisions of Executive 12 Order No. 11246 of September 24, 1965, and of the rules, regula- 13 tions, and relevant orders of the Secretary of Labor. 14 (e) WCDC will furnish all information and reports 15 required by Executive Order No. 11246 of September 24, 1965, and 16 by the rules, regulations, and orders of the Secretary of Labor, 17 or pursuant thereto, and will permit access to its books, records, 18 and accounts by the City and the Secretary of Labor for purposes 19 of investigation to ascertain compliance with such rules, regu- 20 lations, and orders. 21 (f) In the event of WCDC's noncompliance with the 22 Inondiscrimination clauses of this agreement or with any of such Irules, regulations, or orders, this agreement may be cancelled, I " terminated or suspended in whole or in part and WCDC may be 23 24 25 declared ineligible for further Government contracts in accordance 26 with procedures authorized in Executive Order No. 11246 of 27 September 24, 1965, and such other sanctions may be imposed and 28 remedies invoked as provided in Executive Order No. 11246 of -5- 1 September 24, 1965, or by rule, regulation, or order of the 2 Secretary of Labor, or as otherwise provided by law. 3 (g) WCDC will include the provisions of subsections 4 (a) through (g) in every subcontract or purchase order unless 5 exempted by rules, regulations, or orders of the Secretary of 6 Labor issued pursuant to Section 204 of Executive Order No. 11246 7 of September 24, 1965, so that such provisions will be binding 8 upon each subcontractor or vendor. WCDC will take such action 9 with respect to any subcontract or purchase order as the City may 10 direct as a means of enforcing such provisions including sanctions 11 for noncompliance; provided, however, that in the event WCDC 12 becomes involved in, or is threatened with, litigation with a 13 subcontractor or vendor as a result of such direction by the City, 14 WCDC may request the United States to enter into such litigation 15 to protect the interests of the United States. 16 11. (a) Minimum wages. (i) All mechanics and laborers 17 employed or working upon the site of the work, or under the 18 united States Housing Act of 1937 or under the Housing Act of 19 1949 in the construction or development of the project, will be 20 paid unconditionally and not less often than once a week, and 21 without subsequent deductions or rebate on any account (except 22 such payroll deductions as are permitted by regulations issued 23 by the Secretary of Labor under the Copeland Act (29 CFR Part 3)), 24 the full amounts due at time of payment computed at wage rates not 25 less than those contained in the wage determination decision of 26 the Secretary of Labor which is attached hereto and made a part 27 hereof, regardless of any contractual relationship which may be 28 alleged to exist between WCDC and such laborers and mechanics; -6- 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 and the wage determination decision shall be posted by WCDC at the site of the work in a prominent place where it can be easily seen by the workers. For the purpose of this clause, contribu- tions made or costs reasonably anticipated under Section lib) (2) of the Davis-Bacon Act on behalf of laborers or mechanics are considered wages paid to such laborers or mechanics, subject to the provisions of 29 CFR 5.5(~) (1) (iv). Also for the purpose of this clause, regular contributions made or costs incurred for more than a weekly period under plans, funds, or programs, but covering the particular weekly period, are deemed to be con- structively made or incurred during such weekly period. (ii) The City shall require that any class of laborers or mechanics which is not listed in the wage determina- tion and which is to be employed under this agreement, shall be classified or reclassified conformably to the wage determination,' and a report of the action taken shall be sent by the Federal agency to the Secretary of Labor. In the event the interested parties cannot agree on the proper classification or reclassifica- tion of a particular class of laborers and mechanics to be used, the question accompanied by the recommendation of the City shall be referred to the Secretary for final determination. (iii) The City shall require, whenever the minimum wage rate prescribed in the agreement for a class of laborers or mechanics includes a fringe benefit which is not ex- pressed as an hourly wage rate and WCDC is obligated to pay a cash equivalent of such a fringe benefit, an hourly cash equiva- lent thereof to be established. In the event the interested parties cannot agree upon a cash equivalent of the fringe benefit, -7- 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 the question, accompanied by the recommendation of the City, shall be referred to the Secretary of Labor for determination. (iv) If WCDC does not make payments to a trustee or other third person, it may consider as part of the wages of any laborer or mechanic the amount of any costs reasonably anticipated in providing benefits under a plan or program of a type expressly listed in the wage determination decision of the Secretary of Labor which is a part of this agreement, provided, however, the Secretary of Labor has found, upon the written request of WCDC that the applicable standards of the Davis-Bacon Act have been met. The Secretary of Labor may require WCDC to set aside in a separate account assets for the meeting of obligations under the plan or program. (b) Withholding. The Federal agency involved may with hold or cause to be withheld from WCDC so much of the accrued payments or advances as may be considered necessary to pay laborers and mechanics employed by WCDC or any subcontractor on the work the full amount of wages required by the agreement. In the event of failure to pay any laborer or mechanic employed or working on the site of the work, or under the united States Housing Act of 1937 or under the Housing Act of 1949 in the construction or development of the project, all or part of the wages required by the agreement, the agency may, after written notice to WCDC, sponsor, applicant, or owner, take such action as may be necessary to cause the suspension of any further pay- ment, advance, or guarantee of funds until such violations have ceased. -8- , 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 II (c) Payrolls and basic records. (i) Payrolls and basic records relating thereto will be maintained during the course of the work and preserved for a period of three years thereafter for all laborers and mechanics working at the site of the work, or under the united States Housing Act of 1937, or under the Housing Act of 1949, in the construction or development of the project. Such records will contain the name and address of each such employee, his correct classification, rates of pay (including rates of contributions or costs anticipated of the types des- cribed in section l(b) (2) of the Davis-Bacon Act), daily and weekly number of hours worked, deductions made and actual wages paid. Whenever the Secretary of Labor has found under 29 CFR 5.5(a) (1) (iv) that the wages of any laborer or mechanic include the amount of any costs reasonably anticipated in providing benefits under a plan or program described in section 1(b)2(b) (B) of the Davis-Bacon Act, WCDC shall maintain records which show that the commitment to provide such benefits is enforceable, that the plan or program is financially responsible, and that the plan or program has been communicated in writing to the laborers or mechanics affected, and records which show the costs anticipated or the actual cost incurred in providing such benefits. (ii) WCDC will submit weekly a copy of all pay- rolls to the Federal agency involved if the agency is a party to the agreement, but if the agency is not such a party WCDC will submit the payrolls to the applicant, sponsor, or owner, as the case may be, for transmission to the Department of Housing and Urban Development. The copy shall be accompanied by a statement signed by the employer or his agent indicating that the payrolls -9- , 1 are correct and complete, that the wage rates contained therein 2 are not less than those determined by the Secretary of Labor and 3 that the classifications set forth for each laborer or mechanic 4 conform with the work he performed. A submission of a "Weekly 5 Statement of Compliance" which is required under this agreement 6 and the Copeland regulations of the Secretary of Labor (29 CFR, 7 Part 3) and the filing with the initial payroll or any subsequent 8 payroll of a copy of any findings by the Secretary of Labor under 9 29 CFR 5.5(a) (1) (iv) shall satisfy this requirement. The prime 10 contractor shall be responsible for the submission of copies of 11 payrolls of all subcontractors. WCDC will make the records 12 required under the labor standards clauses of the agreement avail- 13 able for inspection by authorized representatives of the City, 14 the Department of Housing and Urban Development, and the Depart- 15 ment of Labor, and will permit such representatives to interview 16 employees during working hours on the job. 17 (d) Apprentices. Apprentices will be permitted to 18 work as such only when they are registered, individually, under a 19 bona fide apprenticeship program registered with a State 20 apprenticeship agency which is recognized by the Bureau of 21 Apprenticeship and Training, united States Department of Labor; 22 or, if no such recognized agency exists in a State, under a pro- 23 gram registered with the Bureau of Apprenticeship and Training, 24 United States Department of Labor. The allowable ratio of 25 apprentices to journeymen in any craft classification shall not 26 be greater than the ratio permitted to WCDC as to its entire 27 work force under the registered program. Any employee listed on 28 a payroll at an apprentice wage rate, who is not registered as -10- 1 above, shall be paid the wage rate determined by the Secretary of 2 Labor for the classification of work he actually performed. 3 WCDC or subcontractor will be required to furnish to the City 4 written evidence of the registration of its program and 5 apprentices as well as of the appropriate ratios and wage rates, 6 for the area of construction prior to using any apprentices on 7 the contract work. 8 (e) WCDC shall comply with the Copeland Regulations 9 (29 CFR Part 3) of the Secretary of Labor which are herein 10 incorporated by reference. 11 (f) Subcontracts. WCDC will insert in any subcontract 12 the clauses contained in 29 CFR 5.5(a) (1) through (5) and (7) and 13 such other clauses as the Federal agency involved may by 14 appropriate instructions require, and also a clause requiring the 15 subcontractors to include these clauses in any lower tier sub- 16 contracts which they may enter into, together with a clause re- 17 quiring this insertion in any further subcontracts that may in 18 turn be made. 19 (g) Contract termination; debarment. A breach of 20 clauses (a) through (f) may be grounds for termination of the 21 agreement, and for debarment as provided in 29 CFR 5.6. 22 12. (a) overtime Requirements. No contractor or sub- 23 contractor contracting for any part of the contract work which 24 may require or involve the employment of laborers or mechanics 25 shall require or permit any laborer or mechanic in any workweek in 26 which he is employed on such work to work in excess of eight 27 hours in any calendar day or in excess of forty hours in such 28 workweek unless such laborer or mechanic receives compensation -11- 1 at a rate not less than one and one-half times his basic rate of 2 pay for all hours worked in excess of eight hours in any calendar 3 day or in excess of forty hours in such workweek, as the case may 4 be. 5 (b) Violation; liability for unpaid wages; liquidated 6 damages. In the event of any violation of the clause set forth 7 in subparagraph (a), WCDC and any subcontractor responsible 8 therefor shall be liable to any affected employee for his unpaid 9 wages. In addition, such contractor and subcontractor shall be 10 liable to the United States (in the case of work done under con- 11 tract for the District of Columbia or a territory, to such 12 District or to such territory), for liquidated damages. Such 13 liquidated damages shall be computed with respect to each 14 individual laborer or mechanic employed in violation of the 15 clause set forth in subparagraph (a), in the sum of $10 for each 16 calendar day on which such employee was required or permitted to 17 work in excess of eight hours or in excess of the standard work- 18 week of forty hours without payment of the overtime wages required 19 by the clause set forth in subparagraph (a). 20 (c) Withholding for unpaid wages and liquidated damage 21 The Federal agency involved may withhold or cause to be withheld, 22 from any moneys payable on account of work performed by WCDC or 23 subcontractor, such sums as may administratively be determined to 24 be necessary to satisfy any liabilities of such contractor or 25 subcontractor for unpaid wages and liquidated damages as provided 26 in the clause set forth in subparagraph (b). 27 (d) Subcontracts. WCDC shall insert in any subcon- 28 tracts the clauses set forth in subparagraphs (a), (b), and (c) -12- ~ , . 1 of this paragraph and also a clause requiring the subcontractors 2 to include these clauses in any lower tier subcontracts which 3 they may enter into, together with a clause requiring this in- 4 sertion in any further subcontracts that may in turn be made. 5 13. (a) The work to be performed under this agreement is 6 on a project assisted under a program providing direct Federal 7 financial assistance from the Department of Housing and Urban 8 Development and is subject to the requirements of section 3 of 9 the Housing and Urban Development Act of 1968, as amended, 12 10 U.S.C. 1701u. Section 3 requires that to the greatest extent 11 feasible opportunities for training and employment be given lower 12 income residents of the project area and contracts for work in 13 connection with the project be awarded to business concerns which 14 are located in, or owned in substantial part by persons residing 15 in the area of the project. 16 (b) The parties to this agreement will comply with the 17 provisions of said section 3 and the regulations issued pursuant 18 thereto by the Secretary of Housing and Urban Development set 19 forth in 24 CFR ___, and all applicable rules and orders of the 20 Department issued thereunder prior to the execution of this agree- 21 ment. The parties to this agreement certify and agree that they 22 are under no contractual or other disability which would prevent 23 them from complying with these requirements. 24 (c) WCDC will send to each labor organization or 25 representative of workers with which he has a collective bargain- 26 ing agreement or other contract or understanding, if any, a 27 notice advising the said labor organization or workers' repre- 28 sentative of his commitments under this section 3 clause and -13- f 1 shall post copies of the notice in conspicuous places available 2 to employees and applicants for employment or training. 3 (d) WCDC will include this section 3 clause in every 4 subcontract for work in connection with the project and will, at 5 the direction of the applicant for or recipient of Federal 6 financial assistance, take appropriate action pursuant to the 7 subcontract upon a finding that the subcontractor is in violation 8 of regulations issued by the Secretary of Housing and Urban 9 Development, 24 CFR ___ WCDC will not subcontract with any 10 subcontractor where it has notice or knowledge that the latter 11 has been found in violation of regulations under 24 CFR and 12 will not let any subcontract unless the subcontractor has first 13 provided it with a preliminary statement of ability to comply with 14 the requirements of these regulations. 15 (e) Compliance with the provisions of section 3, the 16 regulations set forth in 24 CFR ___, and all applicable rules and 17 orders of the Department issued thereunder prior to the execution 18 of the contract, shall be a condition of the Federal financial 19 assistance provided to the project, binding upon the applicant or 20 recipient for such assistance, its successors, and assigns. 21 Failure to fulfill these requirements shall subject the applicant 22 or recipient, its contractors and subcontractors, its successors 23 and assigns to those sanctions specified by the grant or loan 24 agreement or contract through which Federal assistance is pro- 25 vided, and to such sanctions as are specified by 24 CFR ___.135. 26 14. This agreement is subject to the requirements of the 27 Flood Disaster Protection Act of 1973 (P.L. 93-234). No portion 28 of the assistance provided under this agreement is approved for -14- 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 I: acquisition or construction purposes as defined under section 3(a) of said Act, for use in an area identified by the Secretary as having special flood hazards which is located in a community not then in compliance with the requirements for participation in the national flood insurance program pursuant to section 20l(d) of said Act; and the use of any assistance provided under this agree- ment for such acquisition or construction in such identified areas in communities then participating in the national flood insurance program shall be subject to the mandatory purchase of flood in- surance requirements of section l02(a) of said Act. 15. This agreement is subject to the requirements of the Clean Air Act, as amended, 42 U.S.C. 1857, et seq., the Federal Water Pollution Control Act, as amended, 33 U.S.C. 1251, et seq. and the regulations of the Environmental Protection Agency with respect thereto, at 40 CFR Part 15, as amended from time to time. 16. No member of or delegate to the Congress of the United States, and no Resident Commissioner, shall be admitted to any share or part of this agreement or to any benefit to arise from the same. 17. No member, officer, or employee of the City, or its designees or agents, no member of the governing body of the City, and no other public official who exercises any functions or responsibilities with respect to the program during his tenure or for one year thereafter, shall have any interest, direct or in- direct, in any contract or subcontract, or the proceeds thereof, for work to be performed in connection with the program assisted under this agreement. . . . . . -15- , .1 1 18. The assistance provided under this agreement shall not 2 be used in the payment of any bonus or commission for the purpose 3 of obtaining HUD approval of the application for such assistance, 4 or HUD approval of applications for additional assistance, or any 5 other approval or concurrence of HUD required under this agree- 6 ment, Title I of the Housing and Community Development Act of 7 1974 or HUD regulations with respect thereto; provided, however, 8 that reasonable fees or bona fide technical, consultant, manageria 9 or other such services, other than actual solicitation, are not 10 hereby prohibited if otherwise eligible as program costs. 11 19. WCDC shall not assign this agreement, or any interest 12 therein, without first obtaining City's written consent thereto. 13 20. Time is of the essence of this agreement. 14 IN WITNESS WHEREOF, the parties hereto have executed this 15 agreement on the day and year first above written. 16 ATTEST: 17 18 A~ aA/~ e':ity Clerk 19 SAN BERNARDINO WESTS IDE COMMUNITY DEVELOPMENT CORPORATION 20 21 --~ By _ BY~ ~",c: Secretary /// ,;.';'- . ..---'- 22 23 24 25 26 27 28 -16- ~=;,::i:.'_~..- - . :,.. / \r\ 1)1 I~ ~ 1 n i I t I I I I I , ! ~ '>...~ I ~'~ I ~Jji . ~l, ::;; I I ~! .....), I ~ll I I . fL{!OJ:) " 'I . ~ '] 'I' I I , ; ! I: II Ii I : I , , ( I 1.f?/ \ 77// \ I _. 1 PROMISSORY NOTE 2 At San Bernardino, California, March 8 , 1979 3 4 On March 8 , 1982, or upon earlier demand 5 given in accordance with the provisions of an agreement dated 6 March 8 , 1979, between the City of San Bernardino and 7 Westside Community Development Corporation, for value received, 8 Westside Community Development Corporation promises to pay in 9 lawful money of the United States of America, to the order of 10 the City of San Bernardino, at San Bernardino, California, the 11 principal sum of One Hundred Thousand Dollars with interest in 12 lawful money from March 8 , 1979, at the rate of five 13 percent (5%) per annum, compounded annually. In the event of 14 commencement of suit to enforce payment of this note, maker 15 agrees to pay such additional sum as attorneys' fees as the court 16 may adjudge reasonable. 17 18 WESTS IDE COMMUNITY DEVELOPMENT CORPORATION, a California non-profit corporatio 19 20 By -?/-{/tif Wy;uL- And _ ~--z/ ;2'J::~;c? Secret~/ ./ / 21 22 23 24 (SEAL) 25 26 / / / / / / / / / / 27 28 -1- Efi"'2'..:,:'.v:'Cr"""F..'.' ..' ,I! 1 STATE OF CALIFORNIA ss. 2 COUNTY OF SAN BERNARDINO ) On this C; ~ day of ft.?f/2 c4 before me, '('#e /~'c/e;e .s~~lNec/, a Notary Public in and ( 3 , in the year If75 , 4 5 for said County and State, personally appeared /tr#~ A-I1fl/E 6 , known to me to be the President of westside p yz:'/ / Community Development Corporation, and ~e~/t?~~~f.1 known to me to be the Secretary of Westside Community Development 7 8 9 Corporation, the corporation that executed the within instrument 10 and acknowledged to me that such corporation executed the same. 11 ~r;d4i>~id countyt.Jrld State 12 13 14 15 OFFICIAL SEAL MORSELL F. JOHNSON NOTARY PUBLIC, CALIFORNIA SAN BERNARDINO COUNTY My Commission Expires March 30, 1980 16 17 18 19 20 21 22 23 24 25 26 27 28 -2-