HomeMy WebLinkAboutRedevelopment Agency - 310 RESOLUTION NO. 310
A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF HUNTINGTON
BEACH AUTHORIZING THE EXECUTIVE DIRECTOR OR THE ECONOMIC
DEVELOPMENT DIRECTOR TO EXECUTE LOAN DOCUMENTS ON BEHALF OF THE
AGENCY RELATING TO THE AGENCY'S FIRST TIME HOME BUYER AND HOUSING
REHABILITATION LOAN PROGRAMS
WHEREAS, the Redevelopment Agency of the City of Huntington Beach administrates a
First Time Home Buyer Loan Program and a Housing Rehabilitation Loan Program; and
During the implementation of these programs, it is often necessary for the Agency to
execute many loan related documents, such as loan subordinations, loan reconveyances,
substitutions of trustee, and other loan program related documents; and
The Agency desires to authorize the Executive Director City Administrator and the
Economic Development Director to execute such loan related documents on behalf of the
Agency,
NOW, THEREFORE, the Redevelopment Agency of the City of Huntington Beach does
hereby resolve as follows:
1. That the-Agency hereby authorizes the Executive Director or the Economic
Development-Director to execute on behalf of the Agency such loan documents as are related to
the administration of the Agency's First Time Home Buyer Loan Program and Housing
Rehabilitation Loan Program, including but not limited to loan subordinations, loan
reconveyances, substitutions of trustee, and other loan program related documents.
PASSED AND ADOPTED by the Redevelopment Agency of the City of Huntington
Beach at.a regular meeting thereof held on the 19th day June , 2000.
vice Chairman
ATTEST: i, APPROVED AS TO FORM:
Agency Clerk Agency General Counsel
REVIEWED AND APPROVED: INIT TED AND APPROVED:
Execut e Director Director of Economic evelopment
g:4:2000resol:agency loan signatures
rls 99-676
Res. No. 310
STATE OF CALIFORNIA )
COUNTY OF ORANGE )
CITY OF HUNTINGTON BEACH )
I, CONNIE BROCKWAY, Clerk of the Redevelopment
Agency of the City of Huntington Beach, California, DO HEREBY
CERTIFY that the foregoing resolution was duly adopted by the
Redevelopment Agency of the City of-Huntington Beach at a regular
meeting of said Redevelopment Agency held on the 19th day of June,
2000 and that it was so adopted by the following vote:
AYES: Julien, Sullivan, Harman, Green, Dettloff, Bauer
NOES: None
ABSENT: Garofalo
ABSTAIN: None
Clerk of the Redevelopmen Agency
of the City of Huntington Beach, CA