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1986-0715_BANK OF AMERICA_E7_MinutesMINUTES OF THE CITY COUNCIL City of San Juan Capistrano California A regular meeting of the City Council of the City of San Juan Capistrano, California was held July 15, 1986. The following named members were present: PRESENT: Kenneth E. Friess, Mayor Gary L. Hausdorfer, Mayor pro tem Anthony L. Bland, Councilman Lawrence F. Buchheim, Councilman Phillip R. Schwartze, Councilman ABSENT: None CONSENT CALENDAR It was moved by Councilman Schwartze, seconded by Councilman Buchheim, that the staff recommendations be accepted for the following items listed on the Consent Calendar. The motion carried by the following vote: AYES: Councilmen Schwartze, Blanl, Buchheim, Hausdorfer, and Mayor Friess NOES: None ABSENT: None 7. LOS RIOS PROPERTY REHABILITATION LOAN AGREEMENT (BANK OF AMERICA) (406.438) As set forth in the report dated July 15, 1986, from the Director of Community Planning and Development, the Property Rehabilitation Loan Agreement with the Bank of America, for administration of Community Development Block Grant funds for rehabilitation projects in the Los Rios area, was approved for a term ending August 1, 1987. The Mayor and City Clerk were authorized to execute the agreement on behalf of the City. State of California County, of Orange City of San Juan Capistrano 771 I, MARY ANN HANOVER, City Clerk and ex -officio Clerk of me City Council of the City of San Juan Capistrano, Caidurnia, hereby certify the foregoing to he a full, true and correct copy of the minute entry on record in this office. IN WITNESS WHEREOF, i have hereunto set my hand and seal this 29th dayof July, 1986. (SE.'.L) City Clerk aa �x-oHcctu Uerk of the City Council, San Juan Capotrano, California