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03 - JOINT PH - AGMT Downtown Inc and Loan Agmt
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05/18/2009
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03 - JOINT PH - AGMT Downtown Inc and Loan Agmt
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Last modified
1/3/2012 3:33:32 PM
Creation date
6/27/2011 3:42:01 PM
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City Clerk
Doc Type
Agenda Packet
Item #
03
Date
5/18/2009
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a~reerrient pith the it of Santa 1~na. span arnmu~ity Mar~a~er~ent District <br />a~aptia~llreneal, the pity of Santa Ana and ~antav~~, Inaer~arated v~ill <br />eea~te a aantract fer the ~ertarr~ar~ae ~~~ delivery of the sti~u[ated ~ra~rrrz <br />services over the life of the District. <br />The aar~ of Directors of Dav~rrltant Inaorparated shall meet ~enerall an a <br />r~anthl~ basis. Then related to amr~unit iana~emer~t District matters, such <br />r~eetirl~ shall ~e s~hjeat to the state of alifarnia "Dro~rn Aot" a~en rrteeting <br />requirerr~ent. ~eaor~s of this carparatiar~ ~ertainin to omrn~anit Nlana~ement <br />District-related ratters shall he available far ~~thlia review as sti~~lated by State <br />Cap. ~ursua~t to the f ~ur~icipal fade, the Dav~ntavun, Incar~orated Beard of <br />Directors sh~[II file, far a~pro~ral b~ the it}~ aur~ail, an annual repart far the <br />upcoming dear far~rhiah assessments shall he levied. <br />Donto~vn, Incarparated v~ill ernplo a rr~ana~ernent ~rafesianal a executive <br />Diretorl~ v~hose duties shall ir~alude the im~lernentatian of the pra~rar~s ar~d <br />activities of the iD as v~ell a the manaarnent of the da}~~to~da}~ affairs of tf~e <br />NiQ and Dov~rntav~n, Incorparated. ~dditianal staff n~a be err~~lo~e~ as needed <br />anal as pravided far ire the budget. <br />M. Other Items <br />lea bands ~ri[I be issued far and iD ~raJects. <br />I~:liwl~w B!D Farm~tion~Bla ~anst~lta~tl~ana~em~r~t aistcict Far~matiorr ~ommi#tWIA~lA~FI~F~l7 aIS7~[~T FIAI~ <br />Arn~nded 5,~9.~~~x <br />~$ <br />
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