HomeMy WebLinkAboutCC RESO 8747RESOLUTION ND. 8747
RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF NATIONAL CITY, CALIFORNIA, DETERMINING
THAT THE PUBLIC INTEREST AND NECESSITY
DEMAND THE ACQUISITION AND WNSTRUCTION OF
A CERTAIN MUNICIPAL IMPROVEMENT, AND MAKING
FINDINGS RELATING THERETO.
The City Council of the City of National City,
California, DOES HEREBY RESOLVE, DETERMINE AND ORDER a.s
follows:
Section 1. Tha.t the public interest and necessity
demand the acquisition and construction by the City of National
City of a certain municipal improvement, to -wit: a new civic
center, including off-street parking facilities and lands-
caping therefor and including the acquisition of land, furni-
ture, furnishings and equipment necessary therefor. The
estimated cost of said municipal improvement is the sum of
$900,000 which includes any or all of the following: (a)
legal or other fees incidental to or connected with the auth-
orization, issuance and sale of the bonds, and (b) the costs
of printing the bonds and other costs and expenses incidental
to or connected with the issuance and sale of the bonds. The
principal amount of the indebtedness proposed to be incurred
and bonds proposed to be issued therefor is $600,000.
Section 2. That said municipal improvement requires
an expenditure greater than the amount allowed for it by the
annual tax levy.
Section 3. That said municipal improvement is
necessary and convenient to carry out the objects, purposes
and powers of the City of National City.
ADOPTED, SIGNED AND APPROVED this 25th day of August,
1964.
ATTEST:
Cityf C'' k of the Ci f 4j of
National City, California
ayor o " th -`« ty of Nationa Ci
alifornia
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