HomeMy WebLinkAboutReso 033-99 Loan DUSD/Dub ElRESOLUTION NO. 33 - 99 . ..
A RESOLUTION OF THE CITY COUNCIL
OF THE CITY OF DUBLIN
AUTHORIZING COMMITMENT OF A LOAN TO THE DUBLIN UNIFIED SCHOOL
DISTRICT FOR THE DUBLIN ELEMENTARY SCHOOL FIELDS PROJECT
WHEREAS, City and District are parties to an agreement dated September 25, 1989 entitled
"Agreement Between City of Dublin and Dublin Unified School District Regarding use of Facilities"
(hereafter "Master Joint Use Agreement") which provides for the joint use of various City and District
facilities; and
WHEREAS, City identified a need for additional playing fields in the City for community
recreational purposes; and
WHEREAS, District's master plan for Dublin Elementary School identifies additional playing
fields; and
WHEREAS, the District does not have adequate cash flow to fund and commence construction on
the fields project until Spring 2000; and
WHEREAS, the City desires to have construction on the fields project commence in Spring 1999;
and
WHEREAS, the City would like to assist the District financially in order to advance the project by
one year.
NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Dublin does hereby
agree to:
1. Contribute one-half of the project cost not to exceed $150,000;
2. Advance/loan the balance of the project cost not to exceed $150,000.
BE IF FURTHER RESOLVED that the site specific duties and obligations for the improvements as
well as repayment of the advance/loan will be included in an improvement agreement to be negotiated by
the City Manager and the District.
PASSED, APPROVED AND ADOPTED this 2ra day of March, 1999.
Councilmembers Howard, Lockhart, McCormick, Zika and Mayor Houston
None
AYES:
NOES:
ABSENT:
ABSTAIN: None
ATTEST: ~,~
~_ ~ty Clerk'-
K2/G/3-2-99/reso-dusdloan
None
Mayor