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HomeMy WebLinkAboutReso - CC - 035-1962WHJM:JTM:sh 6/12/62 15c RESOLUTION N0, 35262 A RESOLUTION CREATING REVOLVING FUND BROADWAY PARKING AND LIGHTING PROJECT RESOLVED, by the City Council of the City of Burlingame, California, that WHEREAS, the City Council of the City of Burlingame has adopted its Resolution No. 33-62 , A Resolution of Preliminary Determination under Division 4 of the Streets and Highways Code, on June 18, 1962 , 1962, for the purpose of instituting special assessment proceedings for the improvement of certain streets, public places and public ways in the city; and WHEREAS, the public interest, convenience and necessity will be served thereby; NOW, THEREFORE, IT IS HEREBY FOUND, DETERMINED and ORDERED, as follows: 1. That the City of Burlingame "Broadway Parking and Lighting Project Revolving Fund" be, and it is hereby, created. 2. The sum of Two Thousand Dollars ($ 2,000.00 ) shall be, and it is hereby ordered to be, transferred from the City of Burlingame Parking Meter Fund to said revolving fund herein created, to be reimbursed from the proceeds of cash collections or from the proceeds of assessment bonds in any special assessment proceedings consum- mated for the construction and installation of said improvements. 3. The monies in said revolving fund will be expended for the purpose of providing necessary engineering studies and ser- vices incidental to the construction of said public improvements. 4. That the City Clerk be, and he is hereby, authorized and instructed to file a certified copy of this resolution with the City Treasurer of the City of Burlingame. I hereby certify that the foregoing is a full, true and correct copy of a resolution duly passed and adopted by the City Council of the City of Burlingame, California, at a meeting thereof held on the 18th day of June , lg 62, by the following vote: AYES, and in favor thereof, Councilmen: Cros �y-Johnson-Lorenz-Martin-Morgan None NOES, Councilmen: ABSENT, Councilmen:None City Clerk of the City of Burlingame APPROVED: ( — MayOa