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HomeMy WebLinkAbout133 RDA_CCv0001.pdf RESOLUTION NO. 133 RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF REDLANDS FIXING AMOUNT OF BASE RENTAL PAYABLE BY THE CITY OF REDLANDS UNDER THE LEASE AGREEMENT DATED AS OF MAY 1, 1974 . WHEREAS, this Agency has heretofore approved that certain Lease Agreement dated as of May 1, 1974, on file in the office of the Secretary of the Agency, provided that following the award by the Agency of its Parking Lease Revenue Bonds, Series A, the Secretary shall insert the amount of annual Base Rental to be paid by the City of Redlands to the Agency in Section 4 (b) of said Lease Agreement; and provided further that the amount of said annual Base Rental shall not exceed $230, 800; and WHEREAS, this Agency has adopted its resolution awarding said bonds; NOW, THEREFORE, the Redevelopment Agency of the City of Redlands DOES HEREBY RESOLVE, DETERMINE AND ORDER as follows: Section 1. The annual Base Rental to be paid by the City of Redlands to this Agency under said Lease Agreement is hereby fixed at $ 226, 300.00 per annum, payable semiannually. Section 2. The Secretary is hereby directed to insert the figure shown in Section 1 hereof in Section 4 (b) of said Lease Agreement prior to its execution. ADOPTED AND APPROVED this 30th day of April, 1974 . I an nof the R- evelopment Oagency of the City of Redlands ATTEST; Sec re of- theRedeve pment Agency of the City of Redlands (SEAL) . STATE OF CALIFORNIA COUNTY OF SAN BERNARDINO SS. CITY OF REDLANDS I, Peggy A. Moseley Secretary of the Redevelopment Agency of the City of Redlands, Redlands, California, DO HEREBY CERTIFY that the foregoing resolution was duly adopted by the Redevelopment Agency of the City of Redlands at an adjourned special reguNw meeting of said Agency held on the 30th aay of April 1974 , and that it was so adaptedasfollows: AYES: Members DeMirjyn, Grace, Knudsen, Miller, Chairman Cummings NOES : None ABSENT: None (SEAL) -Secrerta±,-yof the Redevel"ment Agency of the City of Redlands STATE OF CALIFORNIA COUNTY OF SAN BERNARDINO SS. CITY OF REDLANDS I, Peggy A. Moseley Secretary of the Redevelopment Agency of the City f Redlands , Redlands, California, DO HERFRY CERTIFY that the above and foregoing is a full, true and correct copy of Resolution No. 133 and that the same has not been amended or repealed. DATED: April 30 1974. "J (SEAL) Secrq,tgo of the Xedeve lo*ent Agency of the City of Redlands