City Council

I.10\nLOAN AGREEMENT BETWEEN THE CITY OF MORENO VALLEY FACILITIES\nREPLACEMENT RESERVE FUND AND THE CITY OF MORENO VALLEY PUBLIC\nART DEVELOPMENT IMPACT FEE FUND (RESO. NO. 2025-__) (REPORT OF:\nFINANCIAL AND MANAGEMENT SERVICES) (DISTRICT: ALL DISTRICTS)\nAdopt a Resolution Authorizing a Loan Agreement with the City of Moreno Valley\nFacilities Replacement Reserve Fund and the Public Art Development Impact Fee\nFund\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 Public Art Development Impact\nFee Fund (herein the “Public Art DIF”).