HomeMy WebLinkAbout057-05RESOLUTION NO. 57-2005
APPROVING EXECUTION OF THE SECOND AMENDMENT AND
RESTATEMENT OF THE COOPERATION AGREEMENT BETWEEN THE
ToWN OF DANVILLE AND THE COMMUNITY DEVELOPMENT AGENCY
OF THE TOWN OF DANVILLE
WHEREAS, the Community Development Agency of the Town of Danville (the
"Agency") and the Town of Danville entered into a Cooperation Agreement in 1987,
which Agreement was amended and restated in November 1997; and
WHEREAS, the Cooperation Agreement provides, in part, that the Town may.
advance funds on behalf of the Agency subject to reimbursement by the Agency as
funds are available; and
WHEREAS, the Town and the Agency have determined that it is appropriate to
amend and restate the Cooperation Agreement for a second time to accurately
reflect the existing obligations of the Agency to the Town; now, therefore, be it
RESOLVED, that the Community Development Agency of the Town of Danville
approves execution of the Second Amendment and Restatement of the Cooperation
Agreement between the Town of Danville and the Community Development
Agency of the Town of Danville.
APPROVED by the Danville Town Council at a regular meeting on June 7, 2005, by
the following vote:
AYES: Doyle,
NOES: None
ABSTAINED: None
ABSENT: None
Stepper, Andersen, Arnerich, Shimansky
APPROVED AS TO FORM:
CITY ATTORNEY /
ATTEST: ~'~
CITY CLERK