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HomeMy WebLinkAbout2008 CC RESO 2008-228 CDCRESOLUTION NO. 2008 — 228 RESOLUTION OF THE COMMUNITY DEVELOPMENT COMMISSION OF THE CITY OF NATIONAL CITY AUTHORIZING THE APPROPRIATION OF FUNDS IN THE NOT -TO -EXCEED AMOUNT OF $6,500 FROM THE TAX INCREMENT UNDESIGNATED FUND BALANCE TO THE MARINA WAY STORM DRAIN ACCOUNT FOR THE INSTALLATION OF A STORM DRAIN ON MARINA WAY WHEREAS, as part of the Disposition and Development Agreement with Marina Gateway Development Company, LLC, and Sycuan Tribal Development Corporation, the City is responsible for the installation of a storm drain on Marina Way; and WHEREAS, appropriation of funds in the not -to -exceed amount of $6,500 from Tax Increment Undesignated Fund Balance Account No. 511-2501 to the Marina Way Storm Drain Account No. 511-409-500-598-3852 is necessary to accomplish the installation of the storm drain. NOW, THEREFORE, BE IT RESOLVED that the Community Development Commission of the City of National City hereby authorizes the following appropriation of funds: FROM: Account No. 522-2501 Tax Increment Undesignated Fund Balance TO: Account No. 511-409-500-598-3852 Marina Way Storm Drain TOTAL AMOUNT: Not -to -exceed $6,500.00 PASSED and ADOPTED this 21 st day of October, 28. Ron Morrison, C an ATTEST: _AAEVAIII21& Bra. i " Secretary APPROVED AS TO FORM: George I—Aiser, III City Attorney Passed and adopted by the Community Development Commission of the City of National City, California, on October 21, 2008, by the following vote, to -wit: Ayes: Commissioners Morrison, Natividad, Parra, Ungab, Zarate. Nays: None. Absent: None. Abstain: None. AUTHENTICATED BY: RON MORRISON Chairman, Community Development Commission Secrets evelopment Commission By: Deputy I HEREBY CERTIFY that the above and foregoing is a full, true and correct copy of RESOLUTION NO. 2008-228 of the Community Development Commission of the City of National City, California, passed and adopted on October 21, 2008. Secretary, Community Development Commission By: Deputy