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Resolution 02640RESOLUTIOH HO. 20S0 AUTHORIZING AN ADDITIONAL LOAN' OE 8000.00 TO THE MOUSING AUTHORITY SF TER CIM; OF ALAMEDA FOR ADIEHLISTRATIVE EX- PENSES Arip ' ',RHEAS. su mu WHEREAS, by Rusoinkion No, 2882, adopted. Apria. 19E1, thia Council authorized the making of a. loan of $2000.00 to the Housing Authority' of thn City of Alameda for thv administrative expenses and overhead. of said Authority during the first yoar after its organization; and WHEREAS, the said Housing Authority has requested this Council. for an additional loam of $.500.00 for thv purpose oi' meeting the nunessary administra- tive expenses and overhead of sold Local Authority darning thn first year after its organlzatiort and. WEIRETHS it appears to this Council that the said sum of f;:;S00.00 iv needed. by said Authority for said purposes; NOW, THEREFORE, EH IT RESOLVED EYERE COCRUIL OF oRE CUTS OF ALAMEDA that the City of Alameda lend. to the Hodsimg Authority of the City of Alameda the additional sum. of S500.00 and that said sum. be said. to said Local Authority upon delivary by said Local Authority to the City af Alameda of a. promessory nete duly executed by said Local Authority suIntantially in. the following formn 'Alameda OUINAnnoia, On. demand, for value received, the Housing Authority of the City' of Alameda promises to bay to the ordna of the City of Aluneda, a municipal cor- poration, the sum or Five Hundred and. 00/100 Dollars (tE,500.00) in lawful, money of the United States, without interest. HOUSING ARITHHEITY GE THE CITY CI' ALAKIDA Hy Hy RESOLVE.), FURIHEN, that the OUY of dH500.00 ia hereoy appropriated fro -RH, Control Eana of the City, Account 70h, for ouch trartoses. 1, the underaigkeni, namely certify' that the. foregoing Resolution was duly and regularly introduced and adopted by the Council of the City of Alamnda in regular meeting assembled on the 1st day of July, 17/1, by the follawihm tutu, to wit: AYES: Councilman. Siankchald, Godfrey, Howe, Nearer and. President 1 - 1 , I neve hereunto set my hake and affixed the offi- cial seal of said City this 2nd day cf Joiyo lell. BEATIE City Clerk of the City "A7Temena. * * * hereby certify that the foregoing is a full truu and correct copy of "Resolution No. 2040, ALTUSUTLIEMI AN ADDITIONAL LOAN Of' .”00.00 TO THE HOUSING AUSHERITY OF THE SINT OF ALSHEDA EON ADKINESERATITE EXPEESTO AHD OTHUHEAD," introduned are ant:toted hy the Council on. the lot daw of' July, 1941, / of Alannba.