City Council

I.9\nLOAN AGREEMENT BETWEEN THE CITY OF MORENO VALLEY FACILITIES\nREPLACEMENT RESERVE FUND AND THE CITY OF MORENO VALLEY PARK\nIMPROVEMENTS DEVELOPMENT IMPACT FEE FUND (RESO. NO. 2025-__)\n(REPORT OF: FINANCIAL AND MANAGEMENT SERVICES) (DISTRICT: ALL\nDISTRICTS)\nResolution Authorizing a Loan Agreement with the City of Moreno Valley Facilities\n5\n\nReplacement Reserve Fund and the Park Improvements DIF Fund.\nRecommendation(s)\nThat the City Council:\n1. Adopt Resolution No. 2025-___, a Resolution of the City Council of the City of\nMoreno Valley, California, authorizing a loan agreement between the City of Moreno\nValley Facilities Replacement Reserve Fund and the Park Improvements\nDevelopment Impact Fee Fund (herein the “Parks DIF”).