Laserfiche WebLink
City of San Leandro <br />Meeting Date: February 4, 2013 <br />Resolution - Council <br />Agenda Section:File Number:13-022 ACTION ITEMS <br />Agenda Number: <br />TO:City Council <br />FROM:Chris Zapata <br />City Manager <br />BY:Chris Zapata <br />City Manager <br />FINANCE REVIEW:David Baum <br />Finance Director <br />TITLE:ADOPT: Resolution Authorizing the City Manager to Execute a Loan <br />Agreement and Promissory Note by and Between the City of San Leandro <br />and the San Leandro Unified School District to Assist the District with Its <br />Purchase of the Girls, Inc. Property Located at 13666 East 14th Street <br />(provides a $1,250,000 loan from the City’s General Fund reserves to allow <br />the District to augment its programs and facilities, including medical and <br />dental clinics to serve District students and the community) <br />WHEREAS, a draft agreement between the City of San Leandro and the San Leandro <br />Unified School District has been presented to this City Council; and <br />WHEREAS, the City Council is familiar with the contents thereof; and <br />WHEREAS, the City Manager has recommended approval of said agreement. <br />NOW, THEREFORE, the City Council of the City of San Leandro does RESOLVE as <br />follows: <br />1.That it is within the public interest and serves the general health and welfare of the <br />City of San Leandro to loan the San Leandro Unified School District monies for the District to <br />purchase property to develop facilities that will augment the school district’s educational <br />programs, and open community serving medical and dental clinics; and <br />2.That said agreement substantially in the form presented is hereby approved and <br />execution by the City Manager is hereby authorized; and <br />3.That the City Manager is authorized to make non-substantial revisions to said <br />agreement, subject to the approval of the City Attorney ; and <br />4.That an original executed agreement shall be attached to and made a part of this <br />resolution. <br />Page 1 City of San Leandro Printed on 1/30/2013