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Resolution No. 3086RESOLUTION NO. 3086 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CYPRESS APPLYING FOR A LOAN AND AGREEMENT BETWEEN THE CYPRESS LIGHTING DISTRICT AND THE STATE OF CALIFORNIA WHEREAS, Cypress Lighting District is a "Nonenterprise Special District" within the meaning of that term as it is defined in Government Code section 16111.5; and WHEREAS, Cypress Lighting District experienced a shortfall in funding received through supplemental roll tax revenues during the 1984 -85 fiscal year of at least five hundred dollars ($500); and WHEREAS, Sec. 6 of Chapter 107, as amended by Sec. 3 of Chapter 1168, provides that an eligible Nonenterprise Special District may apply for a loan for the short- fall in funding received through supplemental roll revenues during the 1984 -85 fiscal year; and WHEREAS, the City Council of the City of Cypress, acting as the Governing Board of the Cypress Lighting District authorizes Darrell Essex, City Clerk, to execute the loan agreement on behalf of the Cypress Lighting District; and WHEREAS, the loss occasioned by the repeal of the former personal property may be computed in accordance with the provisions of Government Code Section 16111.5. NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Cypress hereby applies for a loan and agreement between the Cypress Lighting District and the State of California. PASSED AND ADOPTED by the City Council of the City of Cypress, at a regular meeting held on the 12th day of May 1986. ATTEST: CITY CLERK F TH CITY OF CYPRESS STATE OF CALIFORNIA ) SS COUNTY OF ORANGE ) R 0 EtkiPOF CYPRESS I, DARRELL ESSEX, City Clerk of the City of Cypress, DO HEREBY CERTIFY that the foregoing Resolution was adopted at a regular meeting of the said City Council held on the 12th day of May 1986; by the following roll call vote: AYES: 5 COUNCIL MEMBERS: Coronado, Kanel, Mullen, Partin and Lacayo NOES: 0 COUNCIL MEMBERS: None ABSENT: 0 COUNCIL MEMBERS: None CITY CLERK OF THE. CITY OF CYPRESS