HomeMy WebLinkAboutResolution 9566 N.C.S. 09/20/1982~/ _ _ .
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-- t ~~ . I~esolution No, • 9°5.6 6;~ N,~~. S.
_ - . . of the~ City -of :Petaluma; California
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~~ . A FtF.~OLUTI~1 AI'P1~7VING -1I~ .APPLIGATIOIV E'ILED BY
- . VIKING~ FREIC3-IT SYS"I'IIvI, INC. , FOR :FINE~NGING iJ1~IDER THE
, CITY OF PEI'lALiIvIA. DO~NCIVIIC DEVEI~UPIVIE'~Tr' ~REVFI~CTE "BOI~ID LAW.
' W~3EEZEAS, ~the Ci:t,y of~ Pe.tal~na. is a~municipal~ corporation and
char,ter city duly~or,ganized and exis;ting tind'er. a fr~eeholders' charter
. pursuant to whi?ch ;:the Gity has the. r.ight and, power t;o rnake and enforce
all laws and regul:ations ,in:trespect tFo munic.i-pa1 af;~fiars~and certairi _
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~ ~other ma'tters in accordance with and as more par:t`icularly provided in
Section 3, 5 and 7. o.f Article XI of the`Cori"s~titut`ion of the State of
California arid Section 8'1 of the•,Charter of the City,; and,
~EAS, by `Resoluti~on No. '94~4 N,.C.'S. , adopted~ May 24, 1982,
Gu'idelines for Appl,ica.tion for financing:~under the Gity of PetalLm~a
Economic Development Revenue Bond Law were adopted; and,
VVHII~EAS, Viking Fr.eight System, Inc., did on July 21, 1982, file
such an application w.i~th the Ci.ty G1erk as "required~by the guidelines;
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ti1HERFAS, the C;i ty :Manager ,.has caused to be prepared- a wri t ten
repor# relat.ive to the projec~t contribution.to ptibli¢.purposes, the
cons'istency with 'types of_pr~jects the City wishes to"promote and the
financial feasibility of~ the~project and a copy of said report is ori
fi~ l e wi-th the Gi fy~ ~Cl e:r-k; ~ ~
'NCJW, ~,. BE IT RESOLVFD by the: Counc'i 1 of the .C.i ty: of
Petaluma.. as fol lows:; - ~
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>1., The C'i ty Coiznc i 1 of the Ci ty of Re-taltuna f inds and determi'ries
that the~ f inancing of ~~tlie pr'oj ect faci.l i~ty, as described i'n Exhibi t A,
. Res. No. 9566 'N.C~.S~-. .
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to be constructed by Viking Freight Systexn, Inc., is consistent with and
in furtherance of the public purposes as set forth in Urdinance No. 1520
N.C.S.
2. The City Council of the City of PetalLmia further finds that the
project is consistent with the types of projects the City wishes to
promote.
3. The City Council of the City of Petal-tuna further finds that the
project, according to the information and financial data provided in the
application by Viking Freight Syst~n, Inc., is fi-nancial.ly feasible.
Under the power;and,authority conferred upon:this Copncil,by the Charter of said 1
AYES: Balshaw,
NOES: None
A~BSEIVT: ' B "
ATTEST: . .',...~
I hereby certify the foregoing Resolution was introduced .and.,adopted by the
Council' of the City of Petaluma at a(Regtilar) ~~~~(s$~g~~ meeting.
on the ._.. 2 Q:~ 1?_..=_ .day of .--•--•..s~.41~ :~.~~?]:k2~.X:----••-•--•••._......_, 19... $..~,r by th
following vote:
Bond, Cavana~h, Harberson ,• Perry, May~or~ Mattei
Clerk _:.. ~- • _ _. .
Foim' GA 2 7/81
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Mayor , _ _
Council File ....................................
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FACILITIES
Project Facilities consist of the following:
A truck terminal to be located in the City of Petaluma, including
approximately 173,426 square feet of paving, 9,330 square feet of
dock space, 3,300 square feet of office space, 6,266 square feet of
shop space and underground fuel storage. The total estimated direct
and indirect Project costs for land, materials, labor and overheads,
together with indirect cost of Participating Party including
design, engineering, construction supervision, environmental and
licensing exPenses, and other allocable overheads and present
estimates for escalation and contingencies for the acquisition,
installation and construction of the truck terminal facilities
described in the Application is $2 million.
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