CC Resolution 2012-003RESOLUTION NO. 2012 - 003
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
LA QUINTA CALIFORNIA 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 LA QUINTA REDEVELOPMENT
AGENCY
WHEREAS, the City of La Quinta is a municipal corporation and charter city
under the Constitution of the State of California ( "City "); and
WHEREAS, the La Quinta Redevelopment Agency ( "Agency ") is a public
body, corporate and politic, organized and existing under the California Community
Redevelopment Law (Health & Safety Code § 33000 et seq. ( " CRL "); 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 by the
Agency to the City; 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, BE IT RESOLVED, by the City Council of the City of La
Quinta, California, as follows:
SECTION 1 . The above recitals are true and correct and are incorporated herein by
reference.
SECTION 2 . 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 by the Agency to the City.
Resolution 2012 -003
City Not Forgiving RDA Loans, Indebtedness
Adopted: January 17, 2012
Page 2
SECTION 3 . 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.
PASSED, APPROVED and ADOPTED at a regular meeting of the La Quinta
City Council held on this 17 ' day of January 2012, by the following vote:
AYES: Council Members Evans, Franklin, Henderson, Osborne, Mayor Adolph
NOES: None
ABSENT: None
ABSTAIN: None
n ,.,.i , . - —
DON ADOL , MAY
City of La Quinta, California
VERONICA ON
City.of La , inta,3
(CITY SEAL►
APPROVED AS TO
Clerk
. l& •v-
BRINE JEII S , City Attorney
City of La Quinta, 00ornia