HomeMy WebLinkAbout1992-194
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RESOLUTION 92-194
2 RESOLUTION OF THE CITY OF SAN BERNARDINO AUTHORIZING AN
INTERFUND LOAN FROM THE SEWER LINE CONSTRUCTION FUND (245) TO THE
3 SPECIAL ASSESSMENT FUND (251) IN THE AMOUNT OF $50,300 FOR THE
INSTALLATION OF FILL-IN STREET IMPROVEMENTS AT VARIOUS LOCATIONS
4 THROUGHOUT THE CITY.
5 BE IT RESOLVED BY THE MAYOR AND COMMON COUNCIL OF THE CITY OF
SAN BERNARDINO AS FOLLOWS:
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SECTION 1. The Director of Finance is hereby directed to make
an
interfund loan in the amount of $50,300 from the Sewer Line
Construction Fund (245) to the Special Assessment Fund (251) to
for the installation of fill-in street improvements at
locations throughout the City in accordance with Plan No.
SECTION 2. The Sewer Line Construction fund will be repaid
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over a period of three years at 7% interest from assessments on the
arcels affected.
I HEREBY CERTIFY that the foregoing resolution was duly
adopted by the Mayor and Common Council of the City of San
meeting thereof, held on the
Bernardino at a requ1ar
1st
day
June , 1992, by the following vote, to wit:
ABSTAIN
ABSENT
AYES
NAYS
OUNCIL MEMBERS
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OPE-LUDLAM
x
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1 RESOLUTION AUTHORIZING AN INTERFUND LOAN FROM THE SEWER LINE
CONSTRUCTION FUND (245) TO THE SPECIAL ASSESSMENT FUND (251).
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(j{:",()U-'._' j . '-(GJ.__('L'~'
\City Clerk
The foregoing resolution is hereby approved this 3rd day
of
June
, 1992.
pproved as to form
and legal content:
AMES F. PENMAN
14 City Attorney
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