HomeMy WebLinkAboutReso 1990-172 - Authorizing the filing of a state of california loan applicaiton for construction 111 , 410
RESOLUTION NO. / 7 '17.2..
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
10-UNIT ENCLOSED T-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 10-unit enclosed T-hangar at Benton Airport; and
WHEREAS, said Project is intended to be a metal building of
traditional T-hangar design, incorporating hangar bays and taxiing
surface access along each side; 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 $250,000 . 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 $250, 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 10-unit enclosed T-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 $250, 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
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C' ty o /-edding
ATTEST:
CSP •�., eX.
ETHEL A. NICHOLS, City Clerk
FORMA- PROVED:
RA ALL A. HAY , Cit Attorney
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