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HomeMy WebLinkAbout84-043RESOLUTION NO. 84-45 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SANTA ANA ESTABLISHING A PERCENTAGE OF THE GROSS ADVERTISING REVENUES TO BE RECEIVED BY THE CITY FOR BUS SHELTER ADVERTISEMENTS. WHEREAS, this Council by Ordinance No. NS-1706 adopted December 5, 1983 established a requirement that Council, by resolution, set a percentage rate in order to determine the amount of bus shelter gross revenues that the City would be entitled to receive annually for rental space on the bus shelters. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SANTA ANA that the City Council hereby establishes 12% as the rate of annual gross advertising revenues to be received for bus shelter advertisements. Adopted this ATTEST: 2nd c 72oC¥ t cou c 1 COUNCILMEMBERS: Luxembourger Axe Bricken Axe Acosta Axe Johnston Aye Griset Aye Young Axe McGuigan Axe R.W. ~xembourger Mayor APPROVED AS TO FORM: Edward/d. C(.~9op~r City Attor~