File #: 19-061    Version: 1 Name: Amendment to Loan Agreement SBCTA
Type: Resolution Status: Consent Calendar
File created: 2/20/2019 In control: City Council
On agenda: 3/5/2019 Final action:
Title: Approve the Amendment to the Term Loan Agreement Between the City of Hesperia and the San Bernardino County Transportation Authority Related to the Construction of the Ranchero Road & I-15 Interchange Project Recommended Action: It is recommended that the City Council approve Amendment No. 1 to the Term Loan Agreement, Contract No. 17-1001629, between the City of Hesperia and the San Bernardino County Transportation Authority (SBCTA), formerly the San Bernardino Associated Governments (SANBAG), related to the construction of the Ranchero Road & I-15 Interchange Project (C.O. No. 7086), and authorize the Mayor to execute the Amendment.
Sponsors: Michael Blay
Attachments: 1. SR Amendment to Loan Agreement SBCTA 3-5-2019, 2. Attachment 1 - Amendment No. 1 to Term Loan Agreement
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Title Approve the Amendment to the Term Loan Agreement Between the City of Hesperia and the San Bernardino County Transportation Authority Related to the Construction of the Ranchero Road & I-15 Interchange Project

 

Recommended Action:

 

It is recommended that the City Council approve Amendment No. 1 to the Term Loan Agreement, Contract No. 17-1001629, between the City of Hesperia and the San Bernardino County Transportation Authority (SBCTA), formerly the San Bernardino Associated Governments (SANBAG), related to the construction of the Ranchero Road & I-15 Interchange Project (C.O. No. 7086), and authorize the Mayor to execute the Amendment.