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AR 051507 Cooperation Loan Agreement
Colton
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2007
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05/15/2007 06:00 PM
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STAFF REPORTS:
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ECONOMIC DEVELOPMENT DIRECTOR'S REPORTS AND RECOMMENDATIONS:
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Joint Redevelopment Agency and City Council - Approve and Adopt a City Resolution and Redevelopment Agency Resolution No. 863 Approving a Redevelopment Cooperation Loan Agreement with the City of Colton for the Purchase of Property Adjacent to and Within
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AR 051507 Cooperation Loan Agreement
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Last modified
2/23/2014 3:30:46 AM
Creation date
2/19/2014 11:01:05 PM
Metadata
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Template:
Agenda Item
Item Number
2
Submitted On
5/11/2007
Submitted By
Sabdi Espinoza
Item Title
AR 051507 Cooperation Loan Agreement
ATRequest
1468
Status (2)
2
Department
City Clerk
Meeting Date
5/15/2007
Meeting Time
6:00:00 PM
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will constitute an indebtedness of the Agency for the West <br />Valley Redevelopment Project. <br />WHEREAS, purchase of the property is exempt from the <br />requirements of the California Environmental Quality Act (CEQA <br />pursuant to Sections 15313 (Acquisition of Lands for Wildlife <br />Conservation Purposes) and 15325 (Transfer of Ownership in Land <br />to Preserve Natural Conditions) of CEQA Guidelines and the <br />City's Policies for implementing CEQA. Purchase of the property <br />will be used as habitat for the Delhi Sands Flower Loving Fly - <br />Federally listed endangered species. <br />NOW, THEREFORE, BE IT RESOLVED, DETERMINED AND <br />ORDERED BY THE CITY OF COLTON, AS FOLLOWS: <br />Section 1. The facts set forth in the Recitals of <br />this Resolution are true and correct. <br />Section 2. The Redevelopment Cooperation Loan <br />Agreement, in substantially the form attached to this <br />Resolution as Exhibit "A", is hereby approved, and the <br />Executive Director of the Agency is hereby authorized and <br />directed to execute the Redevelopment Cooperation Loan <br />Agreement, with such changes therein as may be approved by <br />the Executive Director, said approval being evidenced by <br />the Executive Director's execution of said Redevelopment <br />Cooperation Loan Agreement. <br />Section 3. The Agency Assistant Secretary is <br />
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