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HomeMy WebLinkAboutCity Council - 4305 RESOLUTION NO . 4305 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF HUNTINGTON BEACH ESTABLISHING A "REDEVELOP- MENT REVOLVING FUND" WITHIN THE CITY TREASURY WHEREAS, the City Council of the City of Huntington Beach is the Redevelopment Agency for said city; and Section 33620 of the California Health and Safety Code states that a "Redevelopment Revolving Fund" may be established in the treasury of a community for use by a functioning redevel- opment agency; and The Redevelopment Agency of the City of Huntington Beach is desirous of establishing such a fund for the acquisition of real property in any project area, and for the clearance, aiding in relocation of site occupants and preparation of any project area for redevelopment , NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Huntington Beach that it hereby establishes the "Redevel- opment Revolving Fund" within the city treasury for the use of the Redevelopment Agency. PASSED AND ADOPTED by the City Council of the City of Huntington Beach at a regular meeting thereof held on the 16th day of August , 1976 . ATTEST: -�� _ Mayor T l® City Clerk APPROVED AS TO CONTENT: APPROVED AS TO FORM: Ci Administrator ity Attor e APPROVED, INITIATING DEPARTMENT:NO FISCAL IMPACT r WSA :c s FISCAL IMPACT -- P' ^GFTE.n� V411, FISCAL IMPACT -- NOT BUDGETED REQUIRES FINANCIAL IMPACT RE1DORT- Res. No. 4305 sTA'1'E OF CALIFORNIA ) COUNTY OF ORANGE CITY OF HUNTINGTON BEACH ) I, ALICIA M. WENTWORTH, the duly elected, qualified City Clerk of the City of Huntington Beach, and ex-officio Clerk of the City Council of said City, do hereby certify that the whole number of members of the City. Council of the City of Huntington Beach is seven; that the foregoing resolution was passed and adopted by the affirmative vote of more than a majority of all the members of said City Council at a regular meeting thereof held on the 16th day of August , 19 76 , by the following vote: AYES: Councilmen: Bartlett, Pattinson, Siebert, Shenkman, Wieder NOES: Councilmen: None ABSENT: Councilmen: Coen, Gibbs City Clerk and ex-officio Clerk of the City Council of the City of Huntington Beach, California