HomeMy WebLinkAboutCC RESO 8392RESOLUTION NO. 8392
RESOLUTION ESTABLISHING CIVIC CENTER FUND
4HE,REAS, the City of National City owns certain
real property, certain portions or all of which have been sold
or will be sold, and
AT EREAS, a considerable amount of money will be re-
quired for the building of a new Civic Center in the City, and
WHEREAS, ,,t is the desire of the Council that funds
received f^om the sale
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such real property be devoted to
the ourpos of helping to finance the new Civic Center,
NOW, THEREFORE, be it resolved by the Cit Council of
the City o? National City as follows:
There is hereby established a fund to be known as
a new Civ .: Center Fund, and the City Treasurer and other ap-
propriate ,ity officials are authorized and directed to establish
a bank acc punt for the deposit of all monies to be credited to
said fund.
That all funds received by the City from the recent
sale of th:ee parcels of real property to -wit:
a. The northeast corner of Pala Avenue
and Fourth Street;
b. The south half of block bounded by 27th
and 28th Streets, National Avenue and "
ti
Avenue, and the entire block bounded by 28th
and 29th Streets, National Avenue and "4"
Avenue;
c. The north one-half of block 27th to 28th
Streets bounded by National Avenue and "A"
Avenue;
be transferred to said new Civic Center Fund.
That all net proceeds from the future sale of City
owned real property be credited to said new Civic Center Fund and
deposited ' n said bank account.
PASSED AND ADOPTED this 28th day, of May, 1963
A TT S
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CITY CLERK
MAYOR