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HomeMy WebLinkAbout27-Economic Development Agency cift OF SAN BERNARDlfib - REQU"T FOR COUNCIL AC1'ION From: K&nneth J. HIlrder:Ba1, Director C'nNrI"1ity 1lBvel~,t May 2, 1989 Subject: ~C;IW OF RI!5OWl'IW I<<l'Iam<uJ 88-426 AI1lII::mZJlr; 'IHE EXEa1l'IW OF A SMAIL WS- NI!SS IOl\N JlGREI!JG!Nl' Wl'IH Wl'IH ClTl( <::UWl!R'3 DI!M: 0..: SYllOPIil of Previoul Council action: Q1 NoIIIEIIIi:ler 21, 1988, tne Mayor am (\ .....'Wl Q:Qx::il adqlt:ed Resoluticn NuIIi:lered 88-426 ~ am authorizin,J execut:icn of a small l::AJsiness loan agreESlo:utL between tne City of san Bemardino am City Cleaners. Recommended motion: Adopt Resolution Contect person:__ ~~ Nazario Phone: 5065 Supporting data attached: staff Report Ward: 6 FUNDING REQUIREMENTS: Amount: N/A Source: (Acct. No.) N/A (Acct. Description) N/A Finance: Council Notes: tIf"7 ciif OF SAN BERNARDI~ - RIEQUWT FOR COUNCIL ~ON STAFF REPORT en NaIIeDiler 21, 1988, the Mayor and 0.....", Cbmcil took actia1 adcptin;J Resolutiat N\mi)Qe.l 88-426 (Exhibit "A") ~ and . authorizin;J the executi.a\ of a small b.1siness loan &p.acuoo:otl in the aJID.Int of $30,000 bet1lM1'1 the City of San Bemardino and City Cleaners for the tenIB and ocn1itia'lS as set forth in Exhibit "B". Sl1bsecpmt to the above act!cn, the client imicated a desite to cancel the loan l:'elJlSSt for l!DP financial. assistance. 'lhi.s_ evideooed by the owner's failure to return ..~ted calls and NSpOIId to written oone..".....denoe recplStin:J EIllIeOlti.cn of the loan ~........Jt. Aoc::orc:liD;Jly, the Mayor and 0.;... ", Cbmcil shwld taken acticn rescirninq Resolutiat NuIIi:lmed 88-426. I reo:. ....~11d adcpticn of the resolutiat. ..........L KlB/NN/lab/3204 attachments May 2, 1989. .- 40, .... - ,--.. '-' .,.",", . I '.., 1 IlBSOLU'rIOII BUJlBBR 2 IlBSOL1I'1'IOII 01' TJIB CI'l'Y 01' au BBRDIlDlBO IlBSCIBDIBG IlBSOL1I'1'IOB BUJlBBIlBD 88-421 ~IOOSLY ADOP'l'BD BY 'l'BB DYOR ABD 3 COIlllOII COOBCIL WITH USPlC'l''l'O BDC1I'1'IO. 01' A SWllU. BOSlnSSLOD U.."""-..". BII'1'WBD Cln 01' SD BBItDRDlBO ABD CI'l'~ CLBAIIBRS III TJIB 4 1M00II'1' 01' $30,000. 5 BE IT RESOLVED BY THE MAYOR AND COMMON COUNCIL OF THE CITY OF SAN BERNARDINO AS FOLLOWS: 6 7 Section 1. Resolution Numbered 88-426 previously adopted by the Mayor and Common Council on November 21, 1988, authorizing 8 9 10 11 12 Bernardino at a 13 the execution of a small business loan agreement between the city of San Bernardino and City Cleaners is hereby rescinded. I HEREBY CERTIFY that the foregoing resolution was duly adopted by the Mayor and Common Council of the city of San meeting thereof, held on the , 1989, by the following vote, to wit: day of 14 15 16 17 18 19 20 21 22 23 24 councilpersons AYES: NAYES: ABSENT: CITY CLERK The foregoing resolution is hereby approved this ____ day of , 1989. Mayor, city Of San Bernardino 25 Approved as to form and 26 le~content: 27 ! '" I I~~ /. City Attorney 28 42/89 -1-