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HomeMy WebLinkAboutReso - CC - 092-19858/28/85 that: RESOLUTION NO. 92-85 RESOLUTION APPROVING ACCEPTANCE OF LOW INTEREST STREET LIGHT CONVERSION LOAN - JOB 520 RESOLVED by the CITY COUNCIL of the City of Burlingame WHEREAS, this Council in May of 1985 authorized applicat to the California State Energy Commission for a low interest loan to convert incandesent street lights to high pressure sodium multiple lights in Ray Park and portions of Mills Estate and East Millsdale and, WHEREAS, said loan has been approved, and it is necessary and desirable that acceptance of said loan and authorization of the necessary papers be approved by this Council; NOW, THEREFORE, said loan is approved and the City is authorized to sign the necessary promissory note and loan agreement in the amount of One Hundred and Four Thousand Dollars, ($104,000.00). Mayor I, JUDITH A. MALFATTI, City Clerk of the City of Burlingame do hereby certify that the foregoing Resolution was introduced at a regular meeting of the City Council held on the 3rd day of September 1985, and was adopted therea by the following vote: AYES:- COUNCILMEN: AMSTRUP, BARTON, MANGINI, MARTIN, PAGLIARO NOES: COUNCILMEN: NONE ABSENT: COUNCILMEN: NONE City Clerk