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HomeMy WebLinkAboutResolution No. 12-C16RESOLUTION NO. 12 -Cl 6 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF AZUSA, CALIFORNIA, REGARDING FORGIVENESS OF LOANS TO PUBLIC BODIES AS REQUIRED BY HEALTH AND SAFETY CODE SECTION 33354.8 WHEREAS, Health & Safety Code Section 33354.8 requires the adoption, on or before February 1, 2012, of a resolution declaring whether the repayment, wholly or partially, of a loan, advance, or indebtedness owed to a public body by another public body, has been forgiven during the period of time commencing January 1, 2010 through December 31, 2011; and WHEREAS, during the period of time commencing January 1, 2010 through December 31, 2011, there were no repayments of loans, advances or indebtedness from or to any public body with the City of Azusa that were forgiven wholly or partially. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Azusa, California, as follows: Section 1. Recitals. The Recitals preceding this Resolution are true and correct and are incorporated into this Resolution. Section 2. Forgiveness of Loans, Advances or Indebtedness. The City Council hereby declares that during the period of time from January 1, 2010 through December 31, 2011, the City did not forgive, wholly or partially, the repayment of any loans, advances or indebtedness made to any public body. Section 3. Loans, Advances or Indebtedness Forgiven. The City Council hereby declares that during the period of time from January 1, 2010 through December 31, 2011, no public body forgave, wholly or partially, the repayment of any loans, advances or indebtedness made to the City. Section 4. Implementation. The City Council hereby authorizes the City Clerk to transmit a copy of this resolution to the Office of the State Controller within ten (10) days of the adoption of this Resolution. Section 5. Certification. The City Clerk shall certify to the adoption of this Resolution. Section 6. Effective Date. This Resolution shall become effective immediately upon its adoption. PASSED, APPROVED AND ADOPTED this 21 day of February 2012. u (11"Y" J s.eph R. Rocha, Mayor 45636.06001\7247418.1 I HEREBY CERTIFFY that the foregoing Resolution No. 12-C16 was duly adopted at a regular meeting of said City Council on the 2151 day of February, 2012, by the following vote of the Council: AYES: COUNCILMEMBERS: GONZALES, CARRILLO, MACIAS, HANKS, ROCHA NOES: COUNCILMEMBERS: NONE ABSENT: COUNCILMEMBERS: NONE Vera Mendoza, City Clerk