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HomeMy WebLinkAboutReso - CC - 012-1954RESOLUTION NO. 12-54 MUNICIPAL BOND ELECTION DETERMINING THAT PUBLIC INTEREST AND NECESSITY DEZ:IAND THE ACQUISITION, CONSTRUCTION AND COMPLETION OF CERTAIN MUNICIPAL IMPROVEMENTS RESOLVED, by the City Council of the City of Burlingame, State of California, that it be, and it is hereby ordered and determined as follows: Section 1. That the public interest and necessity demand the acquisition, construction and completion of a swimming pool together with appurtenances and facilities for its proper mainten- ance and safe use and enjoyment, upon real property owned by the City of Burlingame at Washington Park, Burlingame, California. The estimated cost of the acquisition, construc- tion and completion of the aforesaid improvement is $235,000.00. Section 2. That said acquisition and improvement is necess- ary and convenient to carry out the objects, purposes and powers of the City of Burlingame. Section 3. That the cost of said acquisition and improvement will be too great to be paid out of the ordinary annual income and revenue of the City of Burlingame, and that said acquisition and improvement will require an expenditure greater than the amount al- lowed by the annual tax levy, and will necessitate the incurring of a bonded indebtedness. U. S. SI ONDS,J�MAYOR I, HFRBERT K. WHITE, City Clerk of the City of Burlingame, do ereby certify that the foregoing resolution was introduced and dopted at a regular meeting of the City Council of the City of urlingame, State of California, held on March 1, 1954, by the fol- owing vote of the members thereof: AYES: Councilmen: Atwater-Byrd-Love-l'organ-Simonds NOES: Councilmen: None ABSENT Councilmen: None ' HFRBERT K. WHITE - CITY CLERK