HomeMy WebLinkAbout2008 CC RESO 2008-242 CDCRESOLUTION NO. 2008 — 242
RESOLUTION OF THE COMMUNITY DEVELOPMENT
COMMISSION OF THE CITY OF NATIONAL CITY
AUTHORIZING THE APPROPRIATION OF FUNDS
IN THE NOT -TO -EXCEED AMOUNT OF $147,690 FROM
THE TAX INCREMENT UNDESIGNATED FUND BALANCE
TO THE MARINA WAY STORM DRAIN PROJECT
EXPENDITURE ACCOUNT
WHEREAS, pursuant to the Disposition and Development Agreement with
Marina 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 $147,690 from
Tax Increment Undesignated Fund Balance Account No. 511-2501 to the Marina Way Storm
Drain Project Account No. 511-409-500-598-3852 is necessary to accomplish the project.
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 Account
TOTAL AMOUNT: Not -to -exceed $147,690
PASSED and ADOPTED this 18th day of Novemb 2008.
on M6rrison, Chairman
ATTEST.
Bradston, Secretary
APPROVED AS TO FORM:
George H. iser, III
City Attorney
Passed and adopted by the Community Development Commission of the City of
National City, California, on November 18, 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
Secretary, Cerr1unity Development Commission
By:
Deputy
I HEREBY CERTIFY that the above and foregoing is a full, true and correct copy of
RESOLUTION NO. 2008-242 of the Community Development Commission of the City
of National City, California, passed and adopted on November 18, 2008.
Secretary, Community Development Commission
By:
Deputy