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HomeMy WebLinkAbout1992-211 1 RESOLUTION NO. 92-211 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 $28,152.00 TO FRONT THE ESTIMATED COSTS TO BE INCURRED DURING THE 1992-93 4 FISCAL YEAR, IN CONNECTION WITH THE MAINTENANCE OF LANDSCAPING IN IN RETENTION BASINS IN TRACTS NOS. 14184 & 14185, THROUGH 5 ASSESSMENT DISTRICT NO. 993. 6 BE IT RESOLVED BY THE MAYOR AND COMMON COUNCIL OF THE CITY OF SAN BERNARDINO AS FOLLOWS: 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 SECTION 1. The Director of Finance is hereby directed to make an interfund loan from the Sewer Line Construction Fund (245) in the amount of $28,152.00, to front the estimated costs to be incurred during the 1992-93 Fiscal Year, in connection with the maintenance of landscaping in retention basins in Tracts Nos. 14184 and 14185, through Assessment District No. 993. SECTION 2. The loan from the Sewer Line Construction Fund (245) shall be repaid with interest, at the prevailing portfolio rate, in the 1993-94 Fiscal Year from assessments placed on the parcels within Assessment District No. 993. / / / / / / / / / / / / / / / / / / / / / / / / / / / / / / / / / / / / / / / / / / / / 5-28-92 RESO: AUTHORIZING INTERFUND LOAN FROM SEWER LINE CONSTRUCTION FUND TO SPECIAL ASSESSMENT FUND IN CONNECTION WITH LANDSCAPE MAINTENANCE OF A.D. NO. 993. 1 I HEREBY CERTIFY that the foregoing resolution was duly 2 adopted by the Mayor and Common Council of the City of San 3 Bernardino at a meeting thereof, held on the regular 4 5 6 7 8 9 10 11 15th day of June , 1992, by the following vote, to-wit: ABSENT ABSTAIN NAYS Council Members: AYES ESTRADA x REILLY x HERNANDEZ x MAUDSLEY x MINOR x POPE-LUDLAM x 12 MILLER x 13 14 15 16 17 18 19 f) , ,j ! _ (c~j"'--_L-C..' -.,:''-_.:'---'::-'-'y''--t {/___ Ra el Krasney, City"Clerk The foregoing resolution is hereby approved th' 18th June , 1992. day of h~"r~ ,. " olcomb, Mayor San Bernardino Approved as to form 20 and legal content: 21 James F. Penman City Attorney 22 23 24 25 26 27 28 t~_t {~~-~,~ - 2 -