Loading...
HomeMy WebLinkAbout52-036RESOLUTION NO. 52-36 A resolution Distributing Moneys Received From County ~anitation Districts Nos. 2, 3, an~ ? as Partial Pay- ments for the Sale of the Facilities of Section 1 of the Joint Outfall Sewer System. ~HEREAS, the City of Santa Aha has received an annual payment of $17,674.15 as partial payment by County Sanitation Districts Nos. 2, 3, and ? for the purchase of the interest owned by the City of Santa Aha in Section 1 of the Joint Outfall Sewer System; and I~HEREAS, it is the Judgment of the City Council of Santa Aha that money received through the sale of physical facilities should not be used for current operating expenses, but should be expended only for those purposes which will in- crease the capital value of the City; and ~HEREAS, there are now outstanding certain serial bonds, representing residual debts incurred by the City of Santa Aha for the construction of physical facilities now in process of being sold by the City to the 0ounty Sanitation Districts; HOW, THEREFORE, BE IT RESOLVED: That the City Council does hereby instruct those officers of the 0ity who are re- sponsible for ~he distribution of revenues received by the City to the several funds heretofor provided for the accounting and safekeeping of municipal moneys that this amount of shall be distributed and allocated as follows: 1. To the Main Sewer Pipe Line - Series 1922 Bond Fund - $ 5,000.00 2. To the Joint Outfall Sewer - Series 1922 Bond Fund - $ 5,500.00 3. To the Joint Outfall Sewer Completion - Series 1926 Bond Fund - $ 7,174.15 PASSED AND ADOPTEDby the Council of the City of Santa Ana at its regular meeting held on the , ~th day of Ma~ ATTEST: CITY CLEI~ STATE OF CALIFORNIA ) COUNTY OF 0RANGE ) 0ITY OF SANTA ANA ) I, ESNA KEEL~, do hereby certify that I am the City Clerk of the Oity of Banta A~a and ex-officio Clerk of the 0ity Council of the City of Santa Ana; that the foregoing Resolution was regularly introduced and read to the said Oouncil at its regular meeting held on the ~th day of ..... Ma~ , 1952, and was at said meeting ~egularly passed and adopted by said Oouncll by the following vote, to-wit: AYES, TRUSTEES: NOES, TRUSTEES: William Jerome, J.L.McBride, Orson H. Hunter, Courtney R. Chandler. None ABSENT, TRUSTEES: Milford W. Dahl -2-