HomeMy WebLinkAboutReso 1990-171 - Authorizing the filing of a state of california loan application • 411
RESOLUTION NO. 70 -/ 71
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
REDDING AUTHORIZING THE FILING OF A STATE OF
CALIFORNIA LOAN APPLICATION FOR CONSTRUCTION OF A
15-UNIT OPEN SHADE HANGAR AT BENTON AIRPORT, AND
AUTHORIZING THE CITY MANAGER TO EXECUTE THE
APPROPRIATE DOCUMENTS.
WHEREAS, at the regular City Council meeting of April 3 ,
1990 , approval was given to initiate a Capital Project for
construction of a 15-unit open shade hangar at Benton Airport; and
WHEREAS, said Project is intended to be a metal open-bay
shade hangar similar in design to the existing shade hangar
facility at Benton; and
WHEREAS, the Division of Aeronautics provides financial
assistance to public entities, in the form of loans available
under the general provisions of California Public Utilities Code
Section 21602 , and Title 21, Subchapter 4. 5, California Airport
Loan Program, Sections 4071 and 4072 ; and
WHEREAS, said Project is eligible for State loan funds with
construction costs estimated at $160 , 000. 00 ; and
WHEREAS, it is anticipated that the Project could be
completed prior to the fall season of 1990 ; and
WHEREAS, the Director of Airports Director has recommended
that the City apply for a State loan in the amount of $160, 000 . 00
to complete the above Project; and
WHEREAS, it is in the best interests of the City of Redding
that said loan be acquired; and
WHEREAS, it is imperative that the loan request be filed as
soon as possible;
NOW, THEREFORE, BE IT RESOLVED that for the construction of
a 15-unit open shade hangar, the City Council of the City of
Redding hereby:
1 . Authorizes the filing of a loan application for a State
loan in the amount of $160,000. 00; and
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2. Authorizes the City Manager, on behalf of the City of
Redding, to execute said application and all subsequent documents,
to obtain the loan funds to complete the above Project; and
3 . Authorizes the City Clerk to attest the signature of the
City Manager and to impress the official seal of the City of
Redding on the aforesaid documentation, when appropriate.
I HEREBY CERTIFY that the foregoing Resolution was
introduced and read at a regular meeting of the City Council of
the City of Redding on the 17th day of April , 1990, and was duly
adopted at said meeting by the following vote:
AYES: COUNCIL MEMBERS: Arness, Dahl , Fulton, Moss, & Buffum
NOES: COUNCIL MEMBERS: None
ABSENT: COUNCIL MEMBERS: None
ABSTAIN: COUNCIL MEMBERS: None
NAN �J/BU FfV .yo
City of /-dding
ATTEST:
ETHEL A. NICHOLS, City Clerk
FORM APPROVED:
RANFALL A. HAYS, Ci Attorney
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