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HomeMy WebLinkAboutCC RESO 8069RESOLUTION NO. Pnc RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NATIONAL CITY, CALIFORNIA, INITIATING PROCEEDINGS FOR.THE AUTHORIZATION AND ISSUANCE OF BONDS OF SAID CITY, AND_DETERMIN- ING THAT THE PUBLIC INTEREST AND NECESSITY DEMAND THE_ACQUISITION AND IMPROVEMENT OF A CERTAIN MUNICIPAL IMPROVEMENT. WHEREAS, the City Council of the City of National City deems it desirable to initiate proceedings for the issuance of bonds of said city under and pursuant to Article 1 (commencing at Section 43600), Chapter 4, Division 4, Title 4 of the Government Code; NOW, THEREFORE, the City Council of the City of National City DOES HEREBY RESOLVE, FIND, DETERMINE AND ORDER as follows: Section 1. Proceedings shall be, and hereby are initiated for the incurring of an indebtedness by said city and for the authorization and issuance of bonds therefor under and pursuant to said aforementioned Article 1. Section 2. The public interest and necessity demand the acquisition and construction of the following municipal improvement: A city hall, including landscaping and off-street parking facilities, and the acquisition of furniture, furnishings, fixtures, equipment and other property neces- sary therefor, 1. and said municipal improvement is necessary and convenient to carry out the objects, purposes, and powers of said city. Section 3. The estimated cost of said public improvement is $750,000 and the principal amount of the indebtedness proposed to be incurred and bonds proposed to be issued therefor is $750,000. Said municipal improvement requires an expenditure greater than the amount allowed for it by the annual tax levy of said city. ADOPTED, SIGNED AND APPROVED this I3thday of February, 1962. ATTEST Mayor of the City of National City, California. City Clerk of the City of National City, California. (S EAL) APPROVED AS TO FORM: City Attorney of the City of National City, California. 2. STATE OF CALIFORNIA COUNTY OF SAN DIEGO CITY OF NATIONAL CITY ) ss I, IRENE M. ALSTON, City Clerk of the City of National City, California, DO HEREBY CERTIFY that the foregoing resolution was duly adopted by the City Council of said city and was approved by the Mayor of said city at a regular meeting of said City Council held on the 13th day of February, 1962, and that it was adopted as follows: (S E A L) AYES: Councilmen Al NOES: Councilmen ABSENT: Councilmen 3. en, Ho171 rt Morgan, Rei. , Hart Tone None City Clerk of the City of National City, California.