Resolution Number 87-4-21-3267
RESOLUTION NO. 87-4-21-3
STREET LIGHT CONVERSION LOAN AGREEMENT AND PROMISSORY NOTE
CALIFORNIA ENERGY COMMISSION
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN
JUAN CAPISTRANO, CALIFORNIA, FORMALIZING THE STREET
LIGHT CONVERSION LOAN AGREEMENT AND PROMISSORY
NOTE (CALIFORNIA ENERGY COMMISSION)
WHEREAS, the City Council of the City of San Juan Capistrano authorized on
December 15, 1986, the application for an energy conservation loan; and,
WHEREAS, the City of San Juan Capistrano was selected by the California
Energy Commission to receive a loan in the amount of $126,800.
NOW, THEREFORE, BE IT RESOLVED, that the amount of this loan will be
paid in full, plus interest, from energy savings resulting from project implementation and
under the terms and conditions of the loan agreement with the California Energy
Commission.
BE IT ALSO RESOLVED, that the City Manager, Stephen B. Julian, is hereby
authorized and empowered to execute in the name of the City of San Juan Capistrano, all
necessary documents to implement and carry out the purposes of this resolution.
PASSED, APPROVED, AND ADOPTED this 21st day
of April ,1987.
ANTHONY L. AND, MAYOR
ATTEST:
CITY CL%RK,//
-1-
STATE OF CALIFORNIA )
COUNTY OF ORANGE ) ss
CITY OF SAN JUAN CAPISTRANO )
I, MARY ANN HANOVER, City Clerk of the City of San Juan Capistrano,
California, DO HEREBY CERTIFY that the foregoing is a true and correct copy of
Resolution No. 97-4-21-3 adopted by the City Council of the City of San Juan
Capistrano, California, at a regular meeting thereof held on the 21st day
of April , 1987, by the following vote:
AYES: Councilman Schwartze, Friess, Buchheim, and
Mayor Bland
NOES: None
ABSENT: Councilman Hausdorfer
MARYANN XNQ/