HomeMy WebLinkAboutCC RESO 12,235RESOLUTION NO. 12,235
RESOLUTION OF THE CITY COUNCIL OF THE
CITY OF NATIONAL CITY
SUPPLEMENTING RESOLUTION NO. 12,223
ADOPTED JANUARY 4, 1977
WHEREAS, the City of National City is exploring with
the South Bay Irrigation District alternative methods of financing
the purchase of all or a portion of the properties owned by the
California -American Water Company sought to be condemned in
Action No. 306441 pending in the Superior Court of San Diego
County, California; and
WHEREAS, the City of National City does not now have
funds available, the City of National City will call an elect-
tion to issue its own bonds to pay all or a part of said judg-
ment plus additional moneys which may be needed to comply with
Code of Civil Procedure §1254 and/or to pay additional sums
which may become due following the supplemental trial to be
held in said proceeding;
NOW, THEREFORE, IT IS HEREBY RESOLVED by the City
Council of the City -of National City that Resolution No. 12,223
adopted by this Council on January 4, 1977 be adopted and re-
affirmed.
IT IS FURTHER HEREBY RESOLVED that said public cor-
poration, the City of National City, must issue and sell bonds
in order to provide the moneys necessary to pay the sum as-
sessed in the Interlocutory Judgment in Action No. 306441 with-
in the time provided in Code of Civil Procedure §1251 and will
call an election to obtain voter approval for the issuance and
sale of said bonds if alternative methods of providing the money
necessary to pay said judgment do not become available.
PASSED AND ADOPTED at a regular meeting of the City
Council of the City of National City held on the 18th day of
January, 1977.
ATTEST:
ALU
CITY CLE