HomeMy WebLinkAboutReso 1963-3187)'
RESOLUTION N0. 3187
RESOLUTION OF THE CITY COUNCIL OF THE
• CITY OF CHULA VISTA. ESTABLISHING AND CREATING
CONSTRUCTION AND ACQUISITION FUND ,FOR USE OF PARKING
DISTRICT N0. 1, AND TRANSFERRING $320,000.00 FROM THE GENERAL FUND
WHEREAS, the City of Chula Vista has by Ordinance No. 847
established Parking District No. 1, and
WHEREAS, certain lands need to be acquired and certain improve-
ments will be required, and
WHEREAS,•the City of Chula Vista deems it appropriate and
expedient to advance monies for such site acquisition and improve-
ments.
NOW, THEREFORE, BE IT RESOLVED as follows:
1. That a fund is hereby established and designated PARKING
DISTRICT N0. 1 ACQUISITION AND IMPROVEMENT FUND.
2. That there be transferred from the general fund to said
special fund the sum of $320,000.00.
3. That said special fund be used for the acquisition and
improvement of parking district sites in Parking District No. 1 and
incidental expenses thereof.
4. That this fund is being created and monies transferred
thereto pursuant to Section 35108.5 of the Streets and Highways Code.
5. That such monies and sums as shall be transferred to
said special fund shall be deemed a loan and shall be repaid to the
City of Chula Vista and to its general fund from the proceeds of
such bonds as may be issued in connection with said parking district.
6. Monies to be appropriated only as needed.
8„
-~
;. _
ADOPTED AND APPROVED by the CITY COUNCIL of the CITY OF
CHULA VISTA, CALIFORNIA, this 27th day of August, 1963
by the following vote, to-wit._'_..
AYES: COUNCILMEN Smith, DeGraaf, McMains, McAllister, Menzel
NAYES: COUNCILMEN None
ABSENT: COUNCILMEN None -
" Ma or of the City of~Chulla~Vista
ATTEST ~~ -< -~`"-'c~~(jtzte.~/~~~~
City Clerk
r'
,1 '~..
• .. ~~ rf ",eL a~
STATE OF CALIFORNIA )
COUNTY,;_OF".SAN.':DIEGOi'iir)3, ss:.'_ !%~Y
CITY OF CHULA VISTA,J) ~ ~ ~ ~~
~.:~;..ul7:;i'i;i 1. s)!^e il.fy '': ,'~'. ;iy=P. ~~`n'i ~.;
I', KENNIETH}P. CAMPBELL; City Clerk of the'City of Chula Vista,
California, DO HEREBY CERTIFY that the above and foregoing is a full,
.
,. ,
IVY. :'. t:;5! l'.ii!_~r;{%LL~Q'?. i. .,V,._ .......... ..........»._...__.___.. __.. _ ..
true and correct copy of and
that Che same has not been amended or repealed.
DATED: -
City Clerk
:!
~ ^~ "~.