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HomeMy WebLinkAboutCC RESO 93-147RESOLUTION NO. 93-147 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NATIONAL CITY AUTHORIZING THE APPROPRIATION, TRANSFER, AND PAYMENT OF FUNDS TO THE NATIONAL CITY JOINT POWERS FINANCING AUTHORITY FOR THE COMMUNITY CENTER AND POLICE FACILITY PROJECTS WHEREAS, pursuant to an agreement dated June 2, 1992, the City of National City (the "City"), the Community Development Commission of the City of National City (the "CDC"), and the National City Joint Powers Financing Authority (the ".Authority") agreed that the Authority would enter into a contract with Starboard Development Corporation to construct a new community center, at a cost not to exceed $1.8 million of which $1.5 million was to be paid by the CDC, and $300,000 was to be paid by the City; and WHEREAS, the CDC has paid its portion of the construction costs; and WHEREAS, the City's portion of the construction costs remains unpaid; and WHEREAS, on June 1, 1991, the Authority entered into a Turnkey Building Agreement with Starboard Development Corporation for the construction of a new police facility, which agreement provides, at paragraph 4.2, that the authority is responsible for property acquisition for the project; and WHEREAS, due to unanticipated costs for land acquisition for the police facility, the Authority requires additional funds in the amount of $51,164.69 which amount may be appropriately paid by the City as the ultimate owner of the policy facility and site. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of National City that the City Counsel hereby authorizes the appropriation and transfer of $51,164.69 to the Police Facility Account, Account No. 001-409-500-598- 1548. Continued on Page Two Resolution No. 93-147 Page 2 of 2 BE IT FURTHER RESOLVED that the City Council hereby authorizes the appropriation and transfer of $249,671.04 to the Community Center Account, Account No. 001-409-500-598-1550. BE IT FURTHER RESOLVED that the City Council hereby authorizes payment to the National City Joint Powers Financing Authority of $51,164.69 from Account No. 001-409-500-598-1548 and $249,671.04 from Account No. 001-409-500- 598-1550. PASSED and ADOPTED this 19th day of October, 1993. GEORGH. WATERS, MAYOR ATTEST: LoriAnne Peoples, City lerk APPROVED AS TO FORM: dJ1". George H. Eiser, III City Attorney