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Last modified
7/17/2007 8:38:09 AM
Creation date
12/2/2004 9:13:15 AM
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Roseville City Council
Document Type
Council Resolutions
Resolution #
9395
Resolution Title
Approving the Development Agreement and Development Agreement Amendments with Ryan Twin Lakes Limited Partnership (3/24/97).
Resolution Date Passed
3/24/1997
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<br />and employees of the City are hereby authorized and directed to <br />take or cause to be taken such actions as may be necessary on <br />behalf of the City to implement said agreements. <br /> <br />4. Finding. The Council hereby determines that the <br />execution and performance of the Development Agreement and <br />Amendment and Supplement will help realize the public purposes of <br />the Act and are in furtherance of the Redevelopment Plan. <br /> <br />5. Reimbursement Note. Exhibit K of the Development <br />Agreement is a Reimbursement Note payable from Project Tax <br />Increments (as defined in the Development Agreement). The <br />execution and delivery of the Reimbursement Note is authorized by <br />a separate resolution. <br /> <br />The motion for the adoption of the foregoing resolution was <br />seconded by member and, after full <br />discussion thereof and upon vote being taken thereon, the <br />following voted in favor thereof: <br /> <br />and the following voted against the same: <br /> <br />Whereupon said resolution was declared duly passed and <br />adopted. <br /> <br />343721.2 <br /> <br />3 <br />
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