HomeMy WebLinkAbout1988-225
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RESOLUTION NO. 88-225
RESOLUTION OF THE CITY OF SAN BERNARDINO REGARDING
REPAYMENT OF AMOUNTS DUE TO THE GENERAL FUND FROM THE PARKING
DISTRICT FUND, AND ESTABLISHING A FUND FOR FUTURE PARKING
DISTRICT NEEDS.
BE IT RESOLVED BY THE MAYOR AND COMMON COUNCIL OF THE CITY
OF SAN BERNARDINO AS FOLLOWS:
SECTION 1. The Mayor and Common Council of the City of San
Bernardino hereby order and direct that the amount of $314,998.66
be transferred from the Parking District Fund to the General Fund
to be applied to the amount owed to the General Fund by the
11 Parking District Fund which amount originally owed is
12 $731,129.00.
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SECTION 2. The Mayor and Common Council of the City of San
Bernardino do hereby direct that any amounts assessed for the
"secondary roll" for parking district expansion be annually
applied toward the amount owed to the General Fund by the Parking
District Fund.
The $8,100 per year that was initially
established for the purpose of leasing parking from the Masonic
Temple shall be reserved in a capital improvement development
account with the Parking District Fund for future parking needs.
SECTION 3. The Mayor and Common Council of the City of San
24 Bernardino do hereby direct that any unobligated income from
25 leases be retained within the Parking District in a capital
26 improvement development account within the Parking District Fund
27 for future parking needs.
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RE~ PARK~NG DISTRICT SECONDARY ASSESSMENT
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I HEREBY CERTIFY that the foregoing resolution was
duly adopted by the Mayor and Common Council of the City of
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San Bernardino at a
the 5th
day of
to wit:
rP9111Rr
meeting thereof, held on
July
, 1988, by the following vote
AYES:
Councilmembers Estrada, Reilly, Flores , Maudsley,
Minor, Pope-Ludlam, Miller
NAYS:
None
ABSENT:
None
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" city Clerk
The foregoing resolution is hereby approved this ttL
'"" , ''':i; A~ J? .
Evlyn wilcox ~
Mayor of the city of San B~rnardino
day of
form