HomeMy WebLinkAbout1034_CCv0001.pdf RESOLUTION O. 1034
7VUEREAS, the City Council of the City of Redlands has adopted a resolution
dated August 15, 1955v concerning the use of revenues by the City from parking
meters within Redlands Vehicle Parking District No. 1!-p and
WHIEREAS� in this resolution the City Council provided as followat
111. That 100�o of all parking revenues developed within the die tri ct
be allocated to the Parking, District rl=ber One for the retirement
of bonda or cash aasasgments and future expansion of facilities, and
that the City eetablish collection procedures which will provide for
separate accounting of these funds.
2. That 59/o of these revenues be sized for bond retirement or repaying
cash assessments and 50;' for future papking facilities expansion."
WHEREAS, on the 3rd day of September# 1958, notices of the amounts of
assessments ac.,ainst properties within Redlands VeLiole Parking District
No. 1 were reeorded in the Recorder's office of San Bernardino County;
BE IT HEREBY RESOLVEDt
1. That the date for the division of net ravenues from parking meteda
within Redlands Vehicle Par-king District No, 1, for the purpose of reimibusements
and parking lot expansion, shall be the I day of September? 1958*
2. That the dates SePtember is 1950, is adopted because the property owners
became lexgally obligatel to pay asuessments dring
September, and the first day
of said month is adopt ed for reason of acco-onting convenience,
ADOPTEDt SIGNED AND APPRIOVED this, lay of
k Jay ti
19 S
yor he City of Red-Landev California
ATTEST:
City Clark
APPROVED FOR FOXAt.
I ty t�or _y