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HomeMy WebLinkAbout1991-5293 "- t....- ".'i.D" '- 1 2 3 4 5 6 7 RESOLUTION NO. 5293 RESOLUTION OF THE COMMUNITY DEVELOPMENT COMMISSION OF THE CITY OF SAN BERNARDINO APPROVING AN AGREEMENT WITH THE SAN BERNARDINO CITY SCHOOL DISTRICT FOR FINANCIAL ASSISTANCE TO IMPLEMENT A HIGH RISK PROJECT FOR CERTAIN LOW INCOME STUDENTS. NOW, THEREFORE, BE IT RESOLVED BY THE COMMUNITY DEVELOPMENT COMMISSTON OF THE CITY OF SAN BERNARDINO AS FOLLOWS: SECTION 1. The Executi ve Director of the Development 8 Department is hereby authorized and directed to execute an 9 Agreement with the San Bernardino City School District on behalf 10 of Emmerton Elementary School for financial assistance in the 11 amount of Twenty Thousand Dollars ($20,000) from Collateralized 12 Mortgage Obligation Residual funds (CMO's) to implement a high 13 risk project for low-income students from within the service area 14 of Emmerton Elementary School, in a form as attached hereto as 15 Exhibit "A". 16 SECTION 2. The authorization to execute the above- 17 referenced Agreement is rescinded if the parties to the Agreement 18 fail to execute it within sixty (60) days of the passage of this 19 Resolution. 20 I HEREBY CERTIFY that the foregoing Resolution was duly 21 adopted by the Community Development Commission of the City of San 22 23 24 25 meeting thereof, held on the 1st Regular Bernardino at a day of July , 1991, by the following vote, to wit: III III 26 III 27 III 28 III DAB/bg/Students.Res 1 June 24, 1991 1 2 3 4 5 6 RESOLUTION...TO IMPLEMENT A HIGH RISK PROJECT FOR CERTAIN LOW INCOME STUDENTS. Commission Members: ESTRADA REILLY HERNANDEZ 7 MAUDSLEY 8 MINOR 9. POPE-LUDLAM 10 MILLER 11 12 13 14 of 15 16 17 18 19 The foregoing .J 111 Y AYES NAYS ABSTAIN x x x x x x x day b, Chairman VELOPMENT COMMISSION Approved as to form and legal content: BY:~ /Agency Co el 20 21 22 23 24 25 26 27 28 DABjbgjStudents.Res 2 June 24, 1991