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HomeMy WebLinkAboutAgenda Statement 1974/09/24 Item 08 AGENDA ITEM NO. [8 ] CHULA VISTA CITY COUNCIL MEETING OF: September 24, 1974 ITEM TITLE: Resolution - Authorizing loan and appropriating funds for Redevelopment Agency participation in landscaping of Anthony's Fish Grotto INITIATED BY: City Manager BACKGROUND At its meeting of September 17, 1974, the Redevelopment Agency granted a request for Agency participation to Mr. Harding Campbell, developer of Anthony's Fish Grotto at the intersection of Bay !'Bou1evard and E Street. The amount of participation was to be $1,500, the total of which is to be used for landscaping of the public right of way area. The Agency at this time is requesting a loan from the City in the amount of $1,500, subject to repayment in accord with the terms of the existing contractual agreement between the City and the Agency. These funds should be loaned from the unappropriated surplus of the General fund and deposited in the Redevelopment Agency object account 5298 for purposes of participation as noted above. Object account is the general Redevelopment Agency account from which all expenditures are made on a ledger entry basis. This approach is used to facilitate maximum accountability in the event that tax allocation bonds should be desired as a method of financing public improve- ments in the Redevelopment project. ATTACHED: Resolution [~ Ordinance [ ] Agreement [ ] Plat [ ] See EXHIBITS [x] No. 1 Financial Statement: See above. Commission-Board Recommendation: N.A. DeEartment Head Recommendation: N.A. City Manager Recommendation: Recommend approval. P?7Y7~ ,_.""_,_...,"."",,._~........__...,,. .,_.",_..~__,._____,__",~_._"",,_.,...,..._,...,,_..e_ Form No. F-2'29 1~/73 CERTIFICATE OF CITY/DIRECTOR OF FINANCE Certification of Unappropriated Balance I HEREBY CERTIFY that th9 money required fer the appropriation of funds for the purpose set forth in the attached resolution is available in the Treasu:y, or is anticipated to come into the Treasury, and is otherwise unapp.ropriated. Amount $ /\50 0 o~ . FUI'.d _ 4~~ ~~<d ~~ ~"'~P#,,~y:- Av.:'.-'1 c/ ijft11:ve4 ~:4:- --- A~~ ~~ \-) L e;.,f P'1 .4 c[ ..; t._ 5"df '7' _ Dir7ctcr o~. Fina~~e J) 'l/' ,P i' r( ., !:,n / ~ !:....-I -I"-!!.:..CJ 5 ~~c~~ t~f Cnula \lJ.!>ta Date _ 9- 11,lzi By /<//r?' __ h) r~ if purpose d. c1t~n( e. r ~~"'..4-1 Bidder Certi.fication 0: 'Jnsncumbered Balance I h"ERlO;:'3Y CERTIFY that the ind~~bte6ness a.nd obligation to be 1. "........'l.c,:. l.,v J.l'e cent....:),..:. o. r ::II~..pefli~u.l.. "'ut\'O...i "''''d D" th~ . . .....~;..- :J:..I. .....: . "'...<....... '-:J.- ~ . (",. :.;.. L ~....A.'';; -'i .", attached resol\::tion can be incurrecl without the '/iolation of ?ny of the provis:or.s cf ~'e Charter of toe City of Chula Vista, or tho r'O,.,-tl..I,."tl.O.... u",...,.I..-:, 'J.a'.1~....f "n'" ('t-"'Q _J: f'-'~:...-.",i~ J..l..:1.... __ ..., u,l.) l..... ." .. ...;.t: ~w l...1 ,-;..J Cli...,. '-J".:.. ......;;t......J.......v...J,..t:., ....Ilo.~....1.". sufficient monies have been appropriated for the purpose of said contract, that suf:icient monics to nleet the obligationE of the contract are actually in tho TreasurYl or are antici.pated t..:> come into the Treasury to th; credit of the appropriation from which the same are to be drawn, and that said monies new ~ctually, in the Treasury, together with the monies anticipated to come into the Treasury, to the credit of said apol:or;.riation are otherwise .. . unencumbered. Amount Not to Exceed $ ~i:ector of Finance The City of Chulu Vist.a Date Bv -___u Fund wept./llctivity Purpose Bidder C~f,ri~5.f i('t'.+::~ l~o,. ,;~ '..'~ .-~--,-_...-- -~") --:~ r- . /- j' J.... 1...../ ) T'). I 'j i ",:~