HomeMy WebLinkAboutResolution No. 1345 ,'
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RESOLUTION NO. 1345
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DOWNEY
AUTHORIZING ADDITIONAL CONTRIBUTION TO ASSESSMENT DISTRICT
NO, 66- VEHICLE PARKING DISTRICT NO.1.
WHEREAS, the City Council of the City of Downey in initially forming
Vehicle Parking District No.1, was of the opinion that such additional parking
would be of benefit not only to the property owners within the District, but
to the City at large by reason of generating additional sales tax, and
WHEREAS, in accordance with financial reports from the City's Finance
Department, it is apparent that sales taxes within the City have increased
substantially, and will continue to do so, and,
WHEREAS, it is the opinion of the City Council that such increase is
due at least in part to the additional off - street parking from the overall
program as set forth by the City Council, and,
WHHE , it appears proper that there be a further contribution from
the GeneiFund to the Vehicle Parking District - thus spreading the cost
of supporting the benefits derived from the program on a City -wide basis,
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NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF DOWNEY DOES RESOLVE
AS FOLLOWS:
SECTION 1. That there be further contribution of $90,315.00 from the
General Fund to Vehicle Parking District No. 1, Assessment District No. 66,
and the Superintendent of Streets hereby is directed to modify the Assessment
Roll by showing such contribution and reducing the total amount to be assessed
against properties within the said District by said sum of $90,315.00, and
reducing each individual assessment by its pro rata amount, to wit 15 %.
SECTION 2. The City Clerk shall certify to the adoption of this resolu-
tion and thence forth the same shall be in full force and effect.
APPROVED AND ADOPTED this 10th day of March, 1964.
ATTEST: 40 A//./
Mayor
III
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City Clerk
I HEREBY CERTIFY that the forgoing resolution was adopted at a
regular adjourned meeting of the City Council of the City of Downey held
on the 10th day of March, 1964 by the affirmative vote of at least 4 councilmen,
to wit:
AYES: 4 Councilmen: Temple, Morton, Dickerson, Skinner
NOES: 0
ABSENT: 1 Councilmen: Corbin (disqualified himself)
City Clerk