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1 <br />2 <br />3 <br />4 <br />5 <br />6 <br />I <br />s <br />9 <br />10 <br />11 <br />12 <br />13 <br />14 <br />15 <br />16 <br />17 <br />1s <br />19 <br />20 <br />21 <br />29 <br />23 <br />24 <br />25 <br />26 <br />27 <br />2s <br />RESOLUTION NO. R-125-96 <br />RESOLUTION OF THE CITY COUNCIL OF THE CITY OF <br />COLTON APPROVING A CERTAIN LOAN AGREEMENT WITH <br />THE SAN BERNARDINO INTERNATIONAL AIRPORT <br />AUTHORITY AND MEMBERS OF SAID AUTHORITY AND <br />ACKNOWLEDGING CERTAIN OBLIGATIONS INCURRED BY THE <br />CITY OF COLTON PURSUANT TO A JOINT POWERS <br />AGREEMENT ESTABLISHING THE SAN BERNARDINO <br />INTERNATIONAL, AIRPORT AUTHORITY <br />WHEREAS, the City of Colton (the "City") together with <br />the County of San Bernardino and the Cities of Loma Linda, <br />San Bernardino and Highland (collectively, the "Members") and <br />the City of Redlands have adopted a certain Joint Exercise of <br />Powers Agreement, as amended, dated as of May 20, 1992 (the "J?A <br />Agreement"), creating the San Bernardino International Airport <br />Authority ("SBIAA"); and <br />WHEREAS, the City of Redlands by official action of <br />Citv Council or the City of Redlands has determined to <br />voluntarily resign from the membership or the SBI;�_a; and <br />WHEREAS, the SBIAA has received the convevance of the <br />airport portions of the former Norton Air Force Base (the "SBD <br />Airport") from the United States Air Force and is presently <br />operating the aviation facilities thereon as a general aviation <br />airport; and <br />WHEREAS, the SBIAA requires -additional funds at ty+g' <br />time for the purposes of: (i) undertaking public improvement <br />1 <br />