HomeMy WebLinkAboutCC Res 3179 1982-06-28
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RESOLUTION NUMBER B/79
A RESOLUTION OF THE CITY OF SEAL BEACH, CALIFORNIA
ESTABLISHING AN ENCUMBRANCE AGAINST THE CITY PARKS
AND RECREATION FUND OF $138,298.
THE CITY COUNCIL OF THE CITY OF SEAL BEACH DOES HEREBY RESOLVE:
WHEREAS,
it is the intent of the Seal Beach City Code, Section
21-32 to utilize Park and Recreation fees for the benefit
of the residents of the subdivision from which the fees
were derived; and
WHEREAS,
Presley of Southern California paid Park and Recreation
subdivision fees to the City of Seal Beach in the amount
of $138,298 on October 2, 1980, in satisfaction of the
amount levied on the condominium tract developed in the
Leisure World Community; and
WHEREAS,
the foregoing sum was placed in the City of Seal Beach
Park and Recreation fund where it presently remains; and
it is desirable to insure the foregoing sum be utilized
only for the purpose intended.
NOW, THEREFORE, BE IT RESOLVED that an encumbrance of $138,298 and
any interest earned thereon be placed against the Park and Recreation
Fund so as to restrict use of the foregoing sum to public park
improvements within the Leisure World Community, until further
action is taken by the City Council by resolution or ordinance
approving the expenditure of such funds.
PASSED, APPROVED and ADOPTED by the Seal Beach City Co~l
regular meeting thereof held on the ~~tt day 0'
1982 by the following vot
WHEREAS,
AYES:
NOES:
Councilmembe
Councilmember
ABSENT: Councilmembers
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