HomeMy WebLinkAboutRES 98-7-ARESOLUTION NO. 98-7A
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF DIAMOND BAR AMENDING ADVANCE AND
REIMBURSEMENT AGREEMENT NUMBER 6
WITH THE DIAMOND BAR REDEVELOPMENT AGENCY
The City Council of the City of Diamond Bar hereby amends Section 7 of the Advance
and Reimbursement Agreement Number 6 with the Diamond Bar Redevelopment Agency as
follows:
SECTION 7. In addition to the City making available to the Agency its staff resources,
office space, equipment, supplies, insurance and other services and facilities pursuant to Section 2
hereof, the City shall, from time to time and at the request of the Executive Director of the
Agency, advance funds to the Agency in such amounts as the City Manager deems necessary for
the administrative expenses and overhead of the agency, including, but not limited to, expenses of
redevelopment planning and dissemination of redevelopment information. Such amounts shall
constitute a loan for the administrative expenses and overhead of the Agency. The aggregate
amount which may be advanced to the Agency pursuant to this Section 7 shall not exceed
$11,500.00
PASSED, APPROVED AND ADOPTED this 5th day of May .
Mayor
I, Lynda Burgess, City Clerk of the City of Diamond Bar do, hereby certify that the foregoing
Resolution was passed, approved and adopted at a regular meeting of the City Council of the City
of Diamond Bar held on the 5th day of Ma-/ , 1998, by the following vote:
AYES: COUNCIL MEMBERS: AnsZri, Huff, O'Connor,
MPT/Chang, M/Herrera
NOES: COUNCIL MEMBERS: None
ABSENT: COUNCIL MEMBERS- clone
ABSTAINED: COUNCIL MEMBERS: None
ynda Burgess, City Clerk
98--7A