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30-07
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Last modified
6/21/2016 1:10:06 PM
Creation date
10/21/2014 3:52:45 PM
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Resolutions
Number
30-07
Date
2007-05-24
Description
Authorizing the City Manager to Enter into a Loan Agreement with the Friends of Westwind, Inc. for the Purpose of Repairing the Surface of the Lower Riding Arene at Westwind Barn
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• • <br /> RESOLUTION NO. 30-07 <br /> A RESOLUTION OF THE CITY COUNCIL OF THE <br /> TOWN OF LOS ALTOS HILLS AUTHORIZING <br /> THE CITY MANAGER TO ENTER INTO A LOAN AGREEMENT WITH THE <br /> FRIENDS OF WESTWIND, INC. FOR THE PURPOSE OF REPAIRING THE <br /> SURFACE OF THE LOWER RIDING ARENA AT WESTWIND BARN <br /> WHEREAS, The Friends of Westwind Barn have requested a loan from the <br /> Town in order to conduct certain repairs to the lower arena; and <br /> WHEREAS, On May 16, 2007 the Westwind Community Barn Standing Committee <br /> voted to recommend to the City Council that such a loan, with certain stipulations, should <br /> be approved; and <br /> WHEREAS, The City Council finds that it is in the interest of public safety to <br /> facilitate the immediate repair of the Westwind Barn lower arena; and <br /> WHEREAS, The Friends of Westwind, Inc. have provided a project quote from <br /> West Coast Footings & Supply Co. , Inc. in the amount of $27,898.75, for the proper <br /> repair the surface of the lower riding arena at Westwind Barn, and <br /> NOW, THEREFORE, the City Council of the Town of Los Altos Hills does <br /> hereby authorize the City Manager to execute an agreement between the Town and the <br /> Friends of Westwind for a loan in an amount not to exceed $28,000 for the purpose of <br /> repairing the lower riding arena surface at the Westwind Barn, to be repaid within 18 <br /> months by crediting back to the Town certain stall and pasture rental fees that are <br /> otherwise chargeable to the Town as stipulated in the 2007 Operating Agreement between <br /> the Town and Friends of Westwind. <br /> PASSED AND ADOPTED this 24th day of May, 2007. <br /> B <br /> ayor <br /> .� <br /> City I lerk <br />
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