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R 4422 RESOLUTION NO. 4422 � A RESOLUTION OF THE CITY COUNCIL OF i'HE CITY OF ARROYO GRANDE MAKING A DECLARATION UNDER HEALTH AND SAFETY CODE SECTION 33354.8 THAT, DURING THE PERIOD FROM JANUARY 1, 2010, TO DECEMBER 31, 2011, THE CITY HAS NOT �FORGIVEN THE REPAYMENT, WHOLLY OR PARTIALLY,� OF ANY LOAN, ADVANCE, OR INDEBTEDNESS OWED TO THE CITY BY THE REDEVELOPMENT AGENCY OF THE CITY OF ARROYO GRANDE - WHEREAS, the City of Arroyo Grande ("City") is a municipal corporation and general law city of the State of California; and _ WHEREAS, the Redevelopment Agency of the City of Arroyo Grande, a public body, corporate and politic ("Agency"), is the redevelopment agency performing redevelopment functions within the territorial limits of the City pursuant to the California Community Redevelopment Law (Health 8� Safety Code § 33000, et seq.); and WHEREAS, the California Community Redevelopment Law, pursuant to Section 33354.8 of the California Health and Safety Code, requires that the City (a public body) 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 City by the Agency; 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 California State Controller. . NOW, THEREFORE, the City Council of the City of Arroyo Grande resolves as follows: 1. Based upon the best knowledge of City staff and the City Council, during the period between January 1, 2010, and December 31, 2011, the City has not forgiven the repayment, wholly or partially, of a loan, advance, or indebtedness that has been owed to the City by the Agency. 2. Not later than ten (10) days after the adoption of this Resolution, the City Clerk shall transmit a copy of this Resolution to the California State Controller. . On motion of Council Member Costello, seconded by Council Member Brown, and on the following roll call vote, to wit: AYES: Council Members Costello, Brown, Guthrie, Ray, and Mayor Ferrara NOES: None ABSENT: None the foregoing Resolution was passed and adopted this 10th day of January, 2012. FZES.OLUT'ION NO. y�2 Z � � PAGE 2 � . _ TO . ER , MAYOR � . . . J ATTEST: � � hCELLY !Al TM FtE, CITY CLERK APPROVED AS TO CONTEfVT: STEVEi�ADAMS, CITY IVIANAGER � � APPROVED AS TO FORIVi: . � �c TIMO�i J, CAR , C(TY ATTORNEY , i • �- OFFICIAL CERTIFICATIOW . ,� � � . i, #CELLY-LtUETfNiORE, City Clerk of the City of Arroyo Grande, County of San Luis Obispo, State of California, do hereby�certify under penalty�of perjury, that Resolution No. 4422 is a true, full, and correct copy of said Resolution passed . and adopted at a regular meeting of the City Council/Redevelopment Agency of the City of Arroyo Grande on the 10th day of January 2012. � V�OITNESS my hand and the Seal of the City of Arroyo Grande�affixed this 12tn � day of January 2012. , KELLY ETNi RE, CITY CLERK �