HomeMy WebLinkAbout1992-208
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RESOLUTION NO.
92-208
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 $14,378.00 TO
FRONT THE ESTIMATED COSTS TO BE INCURRED DURING THE 1992-93
4 FISCAL YEAR, IN CONNECTION WITH THE MAINTENANCE OF LANDSCAPING IN
IN PORTIONS OF SIXTEENTH STREET, THROUGH ASSESSMENT DISTRICT NO.
5 953.
6 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 inter fund loan from the Sewer Line Construction Fund
(245) in the amount of $14,378.00, to front the estimated costs
to be incurred during the 1992-93 Fiscal Year, in connection with
the maintenance of landscaping in portions of Sixteenth Street,
through Assessment District No. 953.
The loan from the Sewer Line Construction
SECTION 2.
Fund (245) shall be repaid with interest, at the prevailing
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portfolio
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placed on
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5-26-92
rate, in the 1993-94 Fiscal Year from assessments
the parcels within Assessment District No. 953.
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RESO: AUTHORIZING INTERFUND LOAN FROM SEWER LINE CONSTRUCTION
FUND TO SPECIAL ASSESSMENT FUND, IN CONNECTION WITH A. D.
NO . 953.
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I HEREBY CERTIFY that the foregoing resolution was duly
2 adopted by the Mayor and Connon Council of the City of San
3 Bernardino at a
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15tiPay of
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5 Council Members:
6 ESTRADA
7 REILLY
8 HERNANDEZ
9 MAUDSLEY
10 MINOR
11 POPE-LUDLAM
12 MILLER
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reqular meeting thereof, held on the
, 1992, by the following vote, to-wit:
AYES NAYS ABSTAIN ABSENT
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v\' ~li ~ / '\'-" ' '" 'r
Rach'el Krasney, -'Ci ty Clerk
The foregoing resolution is hereby approved ~J 18th
day of
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June
Approved as to form
20 and legal content:
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James F. Penman
City Attorney
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By ~/h-.~7-. P ~
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, 1992.
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tW./ R. Holcomb, Mayor
Ci ty. 0 San Bernardino
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