Resolution Number CRA 91-3-6-2025
RESOLUTION NO. CRA 91-3-6-2
DIItECTING REPAYMENT OF INDEBTEDNESS TO CITY
A RESOLUTION OF THE SAN JUAN CAPISTRANO COMMUNITY
REDEVELOPMENT AGENCY, DIRECTING THE REPAYMENT OF
CERTAIN INDEBTEDNESS TO THE CITY OF SAN JUAN
CAPISTRANO
WHEREAS, the Community Redevelopment Agency of the City of San Juan
Capistrano (the "Agency") has previously borrowed funds from the City of San Juan
Capistrano (the "City") in the amount of $9,540,378; and,
WHEREAS, the Agency desires to repay $7,550,000 in principal of the
outstanding indebtedness to be credited as follows:
Sewer Fund $4,000,000
Agriculture Preservation Fund 1,100,000
Recreation & Park Fund 700,000
General Fund 1,750,000
TOTAL: $7,550,000
NOW, THEREFORE, BE IT RESOLVED, by the San Juan Capistrano
Community Redevelopment Agency, City of San Juan Capistrano, California, as follows:
SECTION 1.
The Agency hereby approves the repayment of $7,550,000 in principal to the
City as an offset against the debt owed on the funds referenced above.
SECTION 2.
The Finance Director of the Agency is hereby authorized and directed to pay
forthwith $7,550,000 to the City, to be credited as set out above.
PASSED, APPROVED, AND ADOPTED this 6th day of March, 1991.
RENCE F. BUCWHEIM, CHAIRMAN
ATTEST:
Y ECRETARY
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STATE OF CALIFORNIA )
COUNTY OF ORANGE ) ss
CITY OF SAN JUAN CAPISTRANO )
1, JEFFREY C. PARKER, Acting Secretary of the San Juan Capistrano
Community Redevelopment Agency, DO HEREBY CERTIFY that the foregoing is a true
and correct copy of Resolution No. CRA 91-3-6-2 adopted by the Bpm tned
Directors of the San Juan Capistrano Community Redevelopment Agency, at a/re ar
meeting thereof held on the 6th day of March 1991, by the following
vote:
AYES: Directors Jones, Hausdorfer, Friess,
Vasquez and Chairman Buchheim
NOES: None
ABSENT: None
(SEAL) /i.,,. 4. la iZw _
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Y p
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STATE OF CALIFORNIA )
COUNTY OF ORANGE ) ss. AFFIDAVIT OF POSTING
CITY OF SAN JUAN CAPISTRANO )
JEFFREY C. PARKER, being first duly sworn, deposes and says:
That he is the duly appointed and qualified Acting Secretary of the San Juan
Capistrano Community Redevelopment Agency;
That in compliance with State laws of the State of California and in further
compliant archh City Resolution No. CRA 83-12-20-1 and on the 7th day
of 1991, she caused to be posted:
RESOLUTION NO. CRA 91-3-6-2 , being:
DIRECTING REPAYMENT OF INDEBTEDNESS TO CITY
A RESOLUTION OF THE SAN JUAN CAPISTRANO COMMUNITY
REDEVELOPMENT AGENCY, DIRECTING THE REPAYMENT OF
CERTAIN INDEBTEDNESS TO THE CITY OF SAN JUAN
CAPISTRANO
in three (3) public places in the City of San Juan Capistrano, to wit: City Hall; Old Fire
Station Recreation Complex; Orange County Public Library.
Juan Capistrano Commun
�!velopment Agency
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