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RESOLUTION NUMBER 89-355
1 RESOLUTION OF THE CITY OF SAN BERNARDINO AUTHORIZING AND
~ DIRECTING THE EXECUTION OF A RENTAL REHABILITATION PROGRAM (RRP)
2 JOINT DEVELOPMENT AGREEMENT BETWEEN THE CITY OF SAN BERNARDINO
AND SABEN, EARLIX AND ASSOCIATES.
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BE IT RESOLVED BY THE MAYOR AND COMMON COUNCIL OF THE CITY
4 OF SAN BERNARDINO AS FOLLOWS:
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section 1.
6 (a) The Mayor of the City of San Bernardino is hereby
7 authorized and directed to execute, on behalf of the City, a
8 joint development agreement for Rental Rehabilitation Program
9 funding with Saben, Earlix and Associates, which joint
10 development agreement is attached hereto as Exhibit "1", and is
11 incorporated herein by reference as though fully set forth at
12 length. The joint development agreement provides for the
13 loaning or granting of Rental Rehabilitation Program funds in
14 the approximate amount of $250,000.00.
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16 joint development agreement are rescinded if the parties to the
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(b)
The authorizations to execute the above referenced
agreement fail to execute it within sixty (60) sixty days of the
18 passage of this resolution.
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I HEREBY CERTIFY that the foregoing resolution was duly
22 6th day of September
23 wit:
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9-01-89
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RESOLUTION OF THE CITY OF SAN BERNARDINO AUTHORIZING THE
EXECUTION OF A RRP AGREEMENT BETWEEN CITY AND SABEN, EARLIX
AND ASSOCIATES.
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Approved as to form
14 and legal content:
AYES:
Councilpersons Estrada, Reilly, Maudsley,
Pope-Ludlam, Miller
NAYES: Flores, Minor
ABSENT: None
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The foregoing resolution is hereby approved this //t~day of
, 1989.
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City Attorney
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9-01-89
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