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HomeMy Public PortalAbout87-017 (02-03-87)RESOLUTION NO. 87-17 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LYNWOOD ALLOCATING $65,000 TO THE LYNWOOD CHAMBER OF COMMERCE FROM THE PARKING AND BUSINESS IMPROVEMENT DISTRICT FUND IN ORDER TO IMPLEMENT A GENERAL CIVIC PROMOTIONAL PROGRAM ' WHEREAS, the City of Lynwood has adopted Ordinance 1262 (hereinafter "Ordinance") which establishes within the City a Citywide Parking and Business Improvement Area (hereinafter "Area) under and pursuant to the provisions of section 36500 et. seq. of the Street and Highways Code of the State of California (Parking and Business Improvement Area Law of 1979, hereinafter "law"), for the purpose of raising revenues to be expended for the purposes authorized by the law; and WHEREAS, it is the role and mission of the CHAMBER to provide promotional programs for the development and improvement of local business and industry in the City of Lynwood and the CHAMBER has a special knowledge, experience, facilities and personnel necessary to carry on a comprehensive program of advertising, publicity and promotion. NOW, THEREFORE, The City Council of the City of Lynwood does hereby fund, proclaim, order and resolve as follows: SECTION 1. That the Lynwood allocated $65,000 from the Parking District Fund in order to implement a program. Chamber of and Business general civic Commerce is Improvement promotional SECTION 2 That the specific uses of the funds, the method of payment and other pertinent items shall be contained in an agreement to be executed between the City and the Chamber. No funds shall be released pursuant to this resolution until said agreement is executed. SECTION 3. This resolution shall go into effect immediately upon its adoption. ATTEST: _ ~~~~~ , ANDREA L. HOOPER, CITY CLERK CITY OF LYNWOOD APPROVED AS TO FORM: ~~ CITY'ATTORNEY b:RESO .~ ,~~~ PAUL H. RICHARDS II, MAYOR CITY OF LYNWOOD APPROVED AS TO CONTENT: GOME2, CITY 4 STATE OF CALIFORNIA ) ss. COUNTY OF LOS ANGELES ) I, the undersigned, City Clerk of the City of Lynwood, do hereby certify that the foregoing resolution was passed and adopted by the City Council of the City of Lynwood at a regular meeting held on the 3rd day of February ,1987. AYES: COUNCILPERSONS BYORK, HENNING, MORRIS, WELLS, RI CHARDS NOES: NONE ABSENT: NONE )~ l`I~-~--~ City Clerk, City of Lynwo d