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HomeMy WebLinkAboutResolution No. 12-7318 RESOLUTION NO. 12 -7318 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DOWNEY MAKING A DECLARATION UNDER HEALTH AND SAFETY CODE SECTION 33354.8 THAT, DURING THE PERIOD FROM JANUARY 1, 2010, TO DECEMBER 31, 2011, THE CITY HAS NOT FORGIVEN THE REPAYMENT, WHOLLY OR PARTIALLY, OF ANY LOAN, ADVANCE, OR INDEBTEDNESS OWED TO THE CITY BY THE COMMUNITY DEVELOPMENT COMMISSION OF THE CITY OF DOWNEY WHEREAS, the City of Downey is a municipal corporation and a charter city organized and existing under the Constitution of the State of California ( "City "); and WHEREAS, the Community Development Commission of the City of Downey ( "CDC ") is a public body, corporate and politic, organized and existing under the California Community Development Commission Law (Health & Safety Code Section 34100), and, pursuant to Health and Safety Code Section 34112, functions as both a redevelopment agency consistent with the California Community Redevelopment Law (Health & Safety Code Section 33000 et seq.) and a housing authority consistent with the Housing Authorities Law (Health & Safety Code Section 34200 et seq.); and WHEREAS, the California Community Redevelopment Law, pursuant to Section 33354.8 of the California Health and Safety Code, requires that the City (a public body) adopt a resolution after January 1, 2012, and prior to February 1, 2012, declaring whether or not it has forgiven, during the period of time commencing January 1, 2010, and ending December 31, 2011, the repayment, wholly or partially, of a loan, advance, or indebtedness that has been owed to the City by the Commission; and WHEREAS, Section 33354.8 of the California Health and Safety Code also requires that within ten (10) days after the adoption of the resolution, the City transmit a copy of the resolution to the California State Controller. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF DOWNEY DOES HEREBY RESOLVES AS FOLLOWS: SECTION 1. Based upon the best knowledge of City staff and the City Council, during the period between January 1, 2010, and December 31, 2011, the City has not forgiven the repayment, wholly or partially, of a loan, advance, or indebtedness that has been owed to the City by the Commission. SECTION 2. Not later than ten (10) days after the adoption of this Resolution, the City Clerk shall transmit a copy of this Resolution to the California State Controller. RESOLUTION NO. 12 -7318 PAGE TWO SECTION 3. The City Clerk shall certify to the adoption of this Resolution. APPROVED AND ADOPTED this 10 day of Ja ary, 2012. 'OG' ' C. - OSSMER, Mayor ATTEST: RIA M. JI NEZ, CMC City Clerk I HEREBY CERTIFY that the foregoing Resolution was adopted by the City Council of the City of Downey at a regular meeting held on thel Oth day of January, 2012, by the following votes, to wit: AYES: Council Members: Guerra, Marquez, Vasquez, Gafin, Mayor Brossmer NOES: Council Members: None ABSENT: Council Members: None ABSTAIN: Council Members: None ADRIA M. JIM' NEZ, CMC City Clerk