HomeMy WebLinkAboutCity Council - 5502 RESOLUTION NO. 5502
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF HUNTINGTON BEACH REQUESTING ADDITIONAL
CALIFORNIA COASTAL CONSERVANCY FUNDING TO
UPGRADE THE CITY'S MUNICIPAL PIER
WHEREAS, the California Coastal Conservancy previously
agreed to lend the City of Huntington Beach money up to a
maximum of $150,000 to restore the municipal pier, damaged
during 1983 winter storms; and
The City of Huntington Beach has experienced severe cost
overruns in reinforcing the pier structure to accommodate a
cafe with a second floor for public use and observation, and
for additional utility costs involved,
NOW, THEREFORE, BE IT RESOLVED by the City Council of the
City of Huntington Beach that it does hereby request the
California Coastal Conservancy to grant loans to a maximum of
$275, 000, reimbursable over ten years at 8. 86 percent interest
and a first payment due in July 1987, completing the restora-
tion of the Huntington Beach municipal pier damaged during 1983
winter storms.
PASSED AND ADOPTED by the City Council of the City of
adjourned
Huntington Beach at an/regular meeting thereof held on the 25th
day of February, 1985.
b
a
Mayor
ATTEST: APPROVED AS TO FORM:
City Clerk City Attorney
REVIEWE AND APPROVED: 11UTIATED AND APP OVED:
ity Admin stra r Dir ctor of Public Works
08381
Res. No. 5502
STATE 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 adjourned meeting thereof held on the 25th day
of February 19 85 , by the following vote:
AYES: Councilmen:
Kelly, Mandic, Bailey, Green
NOES: Councilmen:
Finley
ABSENT: Councilmen:
MacAllister, Thomas
City Clerk and ex-officio Clerk
of the City Council of the City
of Huntington Beach, California