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HomeMy WebLinkAboutReso. 1985 - 128 - Authorizing the filing of an additional loan application for a sun shelter and 5-place hangar at benton airpark • RESOLUTION NO. FS-424r A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF REDDING AUTHORIZING THE FILING OF AN ADDITIONAL LOAN APPLICATION FOR A SUN SHELTER AND 5-PLACE HANGAR AT BENTON AIRPARK AND AUTHORIZING THE CITY MANAGER TO EXECUTE THE APPROPRIATE DOCUMENTS. WHEREAS, the Division of Aeronautics , under the California Airport Loan Program, provides financial assistance to public entities in the form of loans under the general provisions of California Public Utilities Code §21602; and WHEREAS , Resolution No. 83-63 authorized the filing of loan applications for an aircraft sun shelter and 5-place hangar at Benton Airpark; and WHEREAS, staff has determined that an additional $50 , 000 . 00 is required to complete the hangar project; and WHEREAS, the Airports Manager recommends that additional loan monies for the completion of said project be obtained; and WHEREAS, it is imperative that said loan request be filed as soon as possible; and WHEREAS, it is in the best interests of the City of Redding that said additional loan be acquired; NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Redding hereby authorizes the filing of an additional loan application for a certain airport project, as follows : completion of the sun shelter and 5-place hangar at Benton Airpark. • • BE IT FURTHER RESOLVED that the City Manager is authorized to execute said loan application and any other necessary docu- ments to obtain the loan funds. I HEREBY CERTIFY that the foregoing resolution was intro- duced and read at a regular meeting of the City Council of the City of Redding on the 1st day of July , 1985 , and was duly adopted at said meeting by the following vote: AYES: COUNCIL MEMBERS: Demsher, Fulton, & Kirkpatrick NOES: COUNCIL MEMBERS: None ABSENT: COUNCIL MEMBERS: Gard & Pugh ABSTAIN: COUNCIL MEMBERS: None 1,1 AteVa(44A44A4,447. HOWARD D. KIRKPITRICK, Mayor City of Redding ATTEST: ETHEL A. NICHOLS, City Clerk FORM APPROVED: RAN ALL A. HAYS , i y £ttorney -2-