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1 <br />2 <br />3 <br />4 <br />5 <br />6 <br />7 <br />8 <br />9 <br />10 <br />11 <br />12 <br />13 <br />14 <br />15 <br />16 <br />17 <br />18 <br />19 <br />20 <br />21 <br />22 <br />23 <br />24 <br />25 <br />26 <br />27 <br />28 <br />projects to gain better vehicular access to the SBD Airport, (ii) <br />upgrading the aviation facilities located on the SBD Airport by <br />contributing local match funds together with federal grant funds, <br />and (iii) paying the operating deficits created by the ongoing <br />operations of the SBD Airport and the payment of the necessary <br />administrative expenses of the SBIAA; and <br />WHEREAS, Section 11 of the JPA Agreement requires each <br />of the Members to pay their proportionate share of the operating <br />deficits and other debt of the SBIAA as may be assessed by the <br />SBIAA to the respective Members; and <br />WHEREAS, it has become necessary for the SBIAA to <br />obtain funds by obtaining a loan from the County of San <br />Bernardino, the Cities of Highland, Loma Linda, San Bernardino <br />and the City (collectively referred to herein as the "Members") <br />by way of a Loan Agreement for the funding of the ongoing capital <br />improvement budget and the operating deficits of the SBIAA for <br />the 1996-97 fiscal year of the SBIAA for which the financial <br />commitments of all the Members to extend loans to the SBIAA will <br />be required; and <br />WHEREAS, the City has been requested by the SBIAA to <br />adopt this Resolution pursuant to the provisions of Section 11 of <br />the JPA Agreement and to thereby commit to the extension of the <br />Colton Loan, as defined in the Loan Agreement, the amount of. <br />r <br />