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Res18 15648
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Res18 15648
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Last modified
10/11/2019 7:58:25 AM
Creation date
10/11/2019 7:58:25 AM
Metadata
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Template:
CC Index
CC Index - Document Type
Resolution
Meeting Type
Joint
Agency Type
City Council and Successor Agency and Public Financing Authority
Date
2/26/2018
Description
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF REDWOOD CITY ESTABLISHING LOAN AGREEMENT IN THE AMOUNT OF $6, 000, 000 FROM THE REDWOOD CITY EQUIPMENT SERVICE FUND TO THE REDWOOD CITY DOCKTOWN MARINA ENTERPRISE FUND FOR THE FUNDING OF RELOCATION COSTS AT DOCKTOWN MARINA
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02/26/2018 <br />7. The aforementioned sum is appropriated for the purpose hereinabove specified <br />for expenditure during the fiscal year, July 1, 2017 — June 30, 2018, and shall be <br />in addition to all other sums appropriated for such purpose during such fiscal <br />year. <br />Principal Repayment Schedule <br />Payment Date <br />Principal <br />Interest <br />December 31, 2018 <br />$600,000 <br />To be calculated <br />December 31, 2019 <br />$600,000 <br />To be calculated <br />December 31, 2020 <br />$600,000 <br />To be calculated <br />December 31, 2021 <br />$600,000 <br />To be calculated <br />December 31, 2022 <br />$600,000 <br />To be calculated <br />December 31, 2023 <br />$600,000 <br />To be calculated <br />December 31, 2024 <br />$600,000 <br />To be calculated <br />December 31, 2025 <br />$600,000 <br />To be calculated <br />December 31, 2026 <br />$600,000 <br />To be calculated <br />December 31, 2027 <br />$600,000 <br />To be calculated <br />Total <br />$6,000,000 <br />To be calculated <br />Page 3 of 3 <br />ATTY/RESO.0014/CC RESO INTER -FUND LOAN AGREEMENT (EQUIPMENT SERVICE FUND) RESOLUTION NO. 15648 <br />REV: 02-15-18 JS MUFF NO. 501 <br />
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