HomeMy WebLinkAboutResolutions 88-123 N.C.S. 04/18/1988resolution 110. 88-123 N.C.S.
of the. City of Petaluma, California
RESOLUTION AUTHORIZING THE RELEASE OF
SCHOOL IMPACT FEES WITH ACCRUED
INTEREST TO THE CINNABAR SCHOOL DISTRICT
WHEREAS, the State Government Code and Petaluma Municipal Code
provide for the collection of fees to finance interim school facilities
necessitated by new residential developments causing conditions of
overcrowding; and,
WHEREAS, the City has collected $30,025 to date in fees for the
Cinnabar School District; and,
WHEREAS, the Cinnabar School District has constructed facilities at cost
of $126,069 to alleviate overcrowding; and,
NOW, THEREFORE BE IT RESOLVED the City Council of the City of
Petaluma hereby authorizes the release of funds currently held and to be
collected by the City for Cinnabar School District, with accrued interest, to
the District to finance school facilities.
cinnabar school
Under the power and authority conferred upon this Council by the Charter of said City.
:¢~.,.
REFERENCE: I hereby certify the foregoing Resolution was introduced and adopted by the ~ ~- Approved to
Council of the City of Petaluma at a (Regular) a~rx~xQf4A~~d) meeting fO
on the .....18th-......... day of .......................A.px'.ia._......................., 15$.x...., by the
following vote:
it ttorney
AYES: Sobel, Balshaw, Cavanagh, Davis, Tencer, Vice Mayor Woolsey, Mayor H' 'goss
NOES: ~
ABSENT: ~
ATTEST : .. ............. ...... - _.. ..........................-:......................... ~,/.
City Clerk
Council File..._-..---.-.-- .°--°-°----•--..
CA 10-85 Res. No......H.H-,IZ.3,.,,,,. N.C.S.