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HomeMy WebLinkAboutCRA - 140RESOLUTION NO. CRA -140 A RESOLUTION OF THE CYPRESS REDEVELOPMENT AGENCY MAKING A DECLARATION UNDER HEALTH AND SAFETY CODE SECTION 33354.8 THAT, DURING THE PERIOD FROM JANUARY 1, 2010, TO DECEMBER 31, 2011, THE AGENCY HAS NOT FORGIVEN THE REPAYMENT, WHOLLY OR PARTIALLY, OF ANY LOAN, ADVANCE, OR INDEBTEDNESS OWED TO THE AGENCY BY A PUBLIC BODY WHEREAS, the Cypress Redevelopment Agency, a public body, corporate and politic ( "Agency "), is the redevelopment agency performing redevelopment functions within the territorial limits of the City of Cypress pursuant to the California Community Redevelopment Law (Health & Safety Code § 33000, et seq.); and WHEREAS, the City of Cypress ( "City ") is a municipal corporation and charter city organized and existing under the Constitution of the State of California; and WHEREAS, the California Community Redevelopment Law, pursuant to Section 33354.8 of the California Health and Safety Code, requires that the Agency adopt a resolution after January 1, 2012 and prior to February 1, 2012, declaring whether or not it has forgiven, during the period of time commencing January 1, 2010, and ending December 31, 2011, the repayment, wholly or partially, of a loan, advance, or indebtedness that has been owed to the Agency by a public body; and WHEREAS, Section 33354.8 of the California Health and Safety Code also requires that within ten (10) days after the adoption of the resolution, the Agency transmit a copy of the resolution to the legislative body and the California State Controller. NOW, THEREFORE, the Cypress Redevelopment Agency resolves as follows: Section 1. Based upon the best knowledge of Agency staff and the Agency Board of Directors, during the period between January 1, 2010, and December 31, 2011, the Agency has not forgiven the repayment, wholly or partially, of a loan, advance, or indebtedness that has been owed to the Agency by a public body. Section 2. Not later than ten (10) days after the adoption of this Resolution, the Agency Secretary shall transmit a copy of this Resolution to the City Council of the City of Cypress and to the California State Controller. PASSED AND ADOPTED by the governing body of the Cypress Redevelopment Agency, at a regular meeting held on the 9th day of January 2 ATTEST: SECRETARY OF THE CYPRESS REDEVELOPMENT AGENCY STATE OF CALIFORNIA ) COUNTY OF ORANGE ) SS ERSON CYPRESS REDEVELOPMENT AGENCY I, DENISE BASHAM, Secretary of the Cypress Redevelopment Agency, DO HEREBY CERTIFY that the foreg9oing Resolution was duly adopted at a regular meeting of the said Agency held on the 9t day of January 2012; by the following roll call vote: AYES: 5 AGENCY MEMBERS: Luebben, Mills, Seymore, Narain, and Bailey NOES: 0 AGENCY MEMBERS: None ABSENT: 0 AGENCY MEMBERS: None SECRETARY OF THE CYPRESS REDEVELOPMENT AGENCY