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HomeMy Public PortalAboutResolution 65-4631 RESOLUTION NO. 65 -463 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF TEMPLE CITY AMENDING RESOLUTION NO. 64 -376 IN CONNECTION WITH THE ACQUISITION OF PROPERTY FOR PARKING DISTRICT NO. 1 THE CITY COUNCIL OF THE CITY OF TEMPLE CITY DOES RESOLVE: SECTION 1. The City Council finds and determines that it has heretofore adopted Resolution No. 64 -376 providing for the ac- quisition of certain property in connection with Parking District No, 1, advancing the sum of $7,500.00 upon a $68,500. purchase price and providing that for repayment thereof to the General Fund from the Parking District revenues as set forth in Section 31710 of the Streets and Highways Code of the State of California. SECTION 2, The City Council further finds and determines that since the adoption of said Resolution No. 64 -376, it has made additional advances upon said purchase price in the amount of $500.00 per month and for the payment of taxes and escrow charges. SECTION 3. The City Council therefore declares that such additional advances are to be construed as drawn from the General Fund of the City to acquire the subject property pursuant to the pro - ceedings for Parking District No, 1; and the City Council further declares that such additional advances shall be paid from the first monies available from cash collection of assessments or sale of bonds, or both, in the manner set forth in Section 31710 of the Streets and Highways Code of the State of California. SECTION 4. The City Clerk shall certify to the adoption of this Resolution. ADOPTED AND APPROVED this 20th day of April, 1965, ATTEST: (',J City Clerk LL! L� „ Mayor of the City of Temple City, California I hereby certify that the foregoing Resolution was duly adopted by the City Council of the City of Temple City, at a regular meeting held on the 20th day of April, 1965, by the following vote of the Council: AYES: Councilmen- Dickason, Merritt, Nunamaker, Tyrell, Harker NOES: Councilmen- None ABSENT: Councilmen -None i ty ark o the C i,s o Temple City, Califo is 645