Loading...
HomeMy WebLinkAbout1986-266 I RESOLUTION NO. 86-266 2 RESOLUTION OF THE CITY OF SAN BERNARDINO AMENDING RESOLUTION NO. 86-250 ENTITLED IN PART "RESOLUTION . . . ESTABLISHING 3 GUIDELINES FOR REPURCHASE BY THE BOARD OF WATER COMMISSIONERS OF SEWER CAPACITY RIGHTS. . .", AND PROVIDING THAT APPLICANTS MUST 4 AGREE TO USE THE SEWER CAPACITY RIGHTS WITHIN SIX MONTHS OF PURCHASE. 5 BE IT RESOLVED BY THE MAYOR AND COMMON COUNCIL OF THE CITY OF 6 SAN BERNARDINO AS FOLLOWS: 7 SECTION 1. Resolution No. 86-250 Section 1 is hereby amended 8 to read: 9 "SECTION 1. The Mayor and Common Council hereby establish 10 the following guidelines which shall be adhered to in the II repurchase of sewer capacity rights by the Board of Water 12 Commissioners from private holders. This program is necessary to 13 provide some inducement to present holders to turn in their 14 rights. It is also necessary to discourage holders from tying up 15 rights for projects which may not be built for two years. 16 A. The Board will offer to buy back unused sewer capacity 17 rights from original holders at a price of $1620.00. 18 B. The Board will, in turn, resell these sewer capacity 19 rights to new applicants for $2260.00. 20 C. New applicants shall be subject to all terms and 21 conditions, other than price, set forth in Resolution Nos. 8~-271 22 and 84-530. 23 D. As a condition of resale, the original holders shall have 24 the right to buy back sewer capacity rights from the Board at a 25 price of $1620.00 no sooner than October 1, 1987, and no later 26 than December 31, 1989. 27 E. As a requirement of the purchase agreement, new 28 applicants must agree to use the sewer capacity rights within six ~ 1 months of purchase. Use shall be defined as assignment of sewer 2 capacity rights to the appropriate jurisdiction for use and 3 building(s) construction commencing within six months of purchase 4 date. Any sewer capacity rights which are not used timely will 5 revert to the City, and the City will refund the sum of $2000.00." 6 I HEREBY CERTIFY that the foregoing resolution was duly 7 adopted by the Mayor and Common Council of the City of San 8 Bernardino at a reqular meeting thereof, held on , 1986, by the following vote, 9 the 7th day of 10 to wit: Julv 11 12 Council Members Rp.illy HArn~nnp.7.F M~rk~ AYES: Ouiel. Frn7.ip.rr Srrir.klAr 13 NAYS: 14 15 16 17 Council Member Estrada ABSENT: The foregoing resolution is ~"r4/M~ /' City Clerk approved this /ocl... day 18 of July , 1986. 19 20 21 Approved as to form: 22 ~;ra:d/ 23 t'i ty tqr.!\e.Y.. ." 24 25 26 27 28 -2-