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HomeMy Public PortalAbout70-043 (06-16-70) RESOLUTION N0. 70-43 A RESOLUTION (EXHIBIT A) OF THE CITY COUNCIL OF THE CITY OF LYNWOOD ALLOCATING FUNDS FOR ADVERTISING, PROMOTION, AND PUBLICITY FOR FISCAL YEAR 1970-71. The City Council of the City of Lynwood does hereby resolve as follows: Section 1 . An Agreement exists between the City of Lynwood and the Lynwood Chamber of Commerce to which this resolution is a part and is referred to as "Exhibit A." The purpose of this exhibit isto establish a budget and a method of payment to the Chamber in exchange for advertising, promotion, and publicity for the city. It is the City Council's desire that strict attention be paid to all facets of said Agreement, especially those of Section 2 which refer to gaining permission for "approved" advertising and "misleading" advertising. Section 2 . There is appropriated from the General Fund of the city a total of $15 which is the maximum to be paid for advertising, promotion, and publicity in fiscal 1970-71. This money will be allocated at the rate of $3,910 beginning on or about July l, 1970, and continuing to be paid on or about the first day of each third month for the remaining eleven months of the fiscal year until tYte total amount is paid and subject to the audit and payback stip- ulations contained in the Agreement. Section 3 . A definite budget indicating anticipated items of expenditures is outlined below. Maximum salary in relation to revenues has been provided, but under no circumstance will such administrative costs exceed thirty-three and one-third per cent �33-1/3%) o£ all monies, £rom whatever source, expended for city advertising and publicit�. Under no circumstances will the contractual services apply to the 33-1/3% administrative costs. / / / / Project Items Candy Cane Lane Parade $ 2,500 Business Education Day 1,000 Candy Cane Decorations 300 Fourth of July 1,200 L. A. County Fair Exhibit 1,500 Advertising - combined 1,250 Give-Away Items 250 Special Lunches 25 Distribution of Information 250 Project Total $ 8,275 Contract Stems Welcome Parties $ 3,500 Professional £ees (Auditor) 360 Administrative Costs 2,758 Christmas Lighting 750 Contract Total $ 7,368 Grand Total $ 15,643 The Chamber may not exceed the amount allocated for any one item under the general heading "Project Items" without prior written approval of the City Manager. Under no circumstances may expenditures for administrative costs exceed the amount established by the City Council. Section 4 . This exhibit resolution shall terminate on June 30, 1971. APPROVED and ADOPTED this 16th day of June 197�• � ,. � __ . _- � �— � . :�c1. : � � � Mayor o the City o Lynwood A�ST: � � [/�/ ! / ��'r..;'t�`�(/ � City C rk, City of Lynwoo� / . , STATE OF CALIFORNIA ) ss. COUNTY OF LOS ANGELES ) I, the undersigned, City Clerk of the City of Lynwood, do hereby certify that the above and foregoing resolution was duly adopted by the City Council of said city at a regular meeting thereof held in the City Hall of said city on the 16th day of June , 197� , and passed by the following vote: AYES: COUNCILMEN Byork, Green, Liewer, Siokos, Ste vens. NOES: COUNCILMEN None. ABSENT: COUNCILMEN None. 7 //� 2�t�,y� . . ��G/�C�/l� �itC�j , OITY CL K, CITY OF LYNWO D