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CC RES 1989-020RESOLUTION NO. 89 -20 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO PALOS VERDES APPROVING THE ISSUANCE OF A PROMISSORY NOTE BY THE RANCHO PALOS VERDES REDEVELOPMENT AGENCY THE CITY COUNCIL OF THE CITY OF RANCHO PALOS VERDES HEREBY, FINDS, DETERMINES, RESOLVES AND ORDERS AS FOLLOWS: Section 1. The Rancho Palos Verdes Redevelopment Agency proposes to adopt its Resolution entitled "A Resolution of the Rancho Palos Verdes Redevelopment Agency Authorizing the Issuance of a Promissory Note ", a copy of which as been presented to the City Council of the City of Rancho Palos Verdes. Section 2. The issuance of a promissory note, by the Agency substantially in accordance with the Resolution described above is hereby approved. PASSED, APPROVED AND ADOPTED this 7th day of March, 1989. *� R MAYOR ATTEST: CI Y CLERK STATE OF CALIFORNIA } COUNTY OF LOS ANGELES } ss CITY OF RANCHO PALOS VERDES } I, JO PURCELL, City Clerk of the City of Rancho Palos Verdes, hereby certify that the above Resolution No. 89 -28 was duly and regularly passed and adopted by the said City Council at a regular meeting there hel arch 7 19890 At , City Cpl rk City ► Rancho Palos Verdes RESRDA89