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Resolution No. 677524 RESOLUTION NO. 6775 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CYPRESS, CALIFORNIA, RECOMMENDING ALL COMMERCIAL LANDOWNERS, LANDLORDS, COMMERCIAL LENDERS AND UTILITY PROVIDERS ABIDE BY GOVERNOR NEWSOM'S EXECUTIVE ORDERS N28-20 AND N37-20 WHEREAS, on March 16, 2020, the Governor issued Executive Order N28-20, suspending state law limitations on local jurisdictions that impose restrictions on evictions and authorizing local governments, including the City of Cypress, to create limitations on residential and commercial evictions; and WHEREAS, on March 27, 2020 the Governor issued Executive Order N37-20 protecting residential renters impacted by the COVID-19 emergency; and WHEREAS, the stated purpose of Executive Orders N28-20 and N37-20 is to minimize the impact of COVID-19 on California; and WHEREAS large commercial landowners and landlords in Cypress have indicated they are committed to honoring the spirit and intent of Executive Orders N28-20 and N37- 20 and mitigating the effects of COVID-19; and WHEREAS large commercial landowners and landlords in Cypress, including Warland Investments Company and Cypress Land Company, have taken meaningful proactive steps to support commercial tenants; and WHEREAS, the City believes stability amongst commercial tenancies is conducive to public health. NOW, THEREFORE, BE IT RESOLVED AND ORDERED, that the City Council of Cypress DOES HEREBY RESOLVE as follows: SECTION 1. To strongly encourage, and expect, all commercial landowners and landlords in the City of Cypress to abide by the provisions of the Governor's Executive Orders, to specifically refrain from evictions, foreclosures or rent increases, and to work collaboratively with their tenants. SECTION 2. To strongly encourage, and expect, all financial institutions holding commercial mortgages, including banks, credit unions, government-sponsored enterprises, and institutional investors to abide by the provisions of the Governor's Executive Orders, and to implement an immediate moratorium on foreclosures of commercial properties when the foreclosure or foreclosure -related eviction arises out of a substantial or material decrease in income or cash flow or a substantial or material increase in out-of-pocket expenses caused by or resulting from, directly or indirectly, COVID-19, or by any local, state, or federal government response to COVID-19, and to work collaboratively with borrowers. SECTION 3. To strongly encourage, and expect, all utility providers servicing commercial properties in the City of Cypress to abide by the provisions of the Governor's Executive Order, and to specifically refrain from service and utility disconnections. SECTION 4. This Resolution shall go into effect immediately upon its adoption and shall remain in effect until the City Council proclaims the termination Cypress' local emergency or May 31, 2020, whichever occurs first, unless an extension is deemed necessary by further action of the City Council. PASSED AND ADOPTED by the City Council the City of Cypress at a regular meeting held on the 13th day of April 2020. MAYO OF T CITY OF CYPRESS 25 ATTEST: 1 k \kkk - aAlt CITY CLERK OF THE CITY OF CYPRESS STATE OF CALIFORNIA } COUNTY OF ORANGE } SS I, ALISHA FARNELL, City Clerk of the City of Cypress, DO HEREBY CERTIFY that the foregoing Resolution was duly adopted at a regular meeting of the said City Council held on the 13th day of April, 2020, by the following roll callvote: AYES: 5 COUNCIL MEMBERS: Berry, Morales, Peat, Yarc and Johnson NOES: 0 COUNCIL MEMBERS: None ABSENT: 0 COUNCIL MEMBERS: None _, CITY CLERK OF THE CI 'Y OF CY RESS