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2012-03 RESOLUTION NO. 2012-03 IIiew A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF GRAND TERRACE REGARDING FORGIVENESS OF LOANS TO PUBLIC BODIES AS REQUIRED BY AB 936 WHEREAS, Health & Safety Code Section 33354.8 requires the adoption, on or before February 1, 2012, of a resolution stating whether or not the repayment, wholly or partially, of a loan, advance, or indebtedness owed by a public body to a redevelopment agency or by a redevelopment agency to a public body, has been forgiven during the period of time commencing January 1, 2010 through December 31, 2011; and WHEREAS, during the period of time commencing January 1, 2010 through December 31, 2011, there were no loans, advances or indebtedness from any public body to the City of Grand Terrace that were forgiven wholly or partially nor did the City of Grand Terrace forgive wholly or partially any loans, advances or indebtedness to any other public body during the same period of time. THE CITY COUNCIL OF THE CITY OF GRAND TERRACE HEREBY 4, RESOLVES AS FOLLOWS: SECTION 1. During the period of time from January 1, 2010 through December 31, 2011, the City of Grand Terrace did not forgive, wholly or partially, any loans, advances or indebtedness to any public body. SECTION 2. During the period of time from January 1, 2010 through December 31, 2011, no public body forgave, wholly or partially, any loans, advances or indebtedness to the City of Grand Terrace. SECTION 3. The City Clerk shall transmit a copy of this resolution to the Office of the State Controller within 10 days of the adoption of this resolution. SECTION 4. The City Clerk shall certify to the passage and adoption hereof. PASSED, APPROVED AND ADOPTED this 24th day of January, 2012, by the following vote: AYES: COUNCIL MEMBERS: McNaboe, Sandoval and Hays; Mayor Pro Tea Garcia Mayor Stanckievitz NOES: COUNCIL MEMBERS: None ABSENT: COUNCIL MEMBERS: None WALT STXIVGKIEWITZ, MAYOR ATTEST: Tracey R. artinez, CITY C RK APPROVED AS TO FORM: RICHARD L. ADAMS, CITY ATTORNEY STATE OF CALIFORNIA ) COUNTY OF SAN BERNARDINO) ss. CITY OF GRAND TERRACE) I, Tracey R. Martinez, hereby certify that I am the duly appointed City Clerk of the City of Grand Terrace and that the foregoing resolution was duly adopted at a regular meeting of the City Council of the City of Grand Terrace held on the 24th day of January, 2012. Tracey RjAartihez City Clerk 4W