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HomeMy WebLinkAboutResolution 6020 N.C.S. 04/17/1972 Resolution No 6.02.0 N; C. S. _ - ;'; .l '':.41..,' - 4e. Y RESOLUTION AUTHORSZING- THE :ESTABLISHMENT OF A SEPARATE ' FUND F,OR. THE ,PURPOSE ,OF PAYING THE CITY OF. PETALUMA"S Al SHARE OE '-THE COST OF THE WATER POLLUTION 'CONTROL 'kp, FACILITIES EXPANSION PROGRAM. AND TO PROVIDE FOR A 50% CASH 'FLOW; FOR THE TOTAL PROJECT' PENDING RECEIPT OF REIMBURSEMENT FROM, THE FEDERAL 'AND STATE GOVERNMENTS . INTRODUCED BY COUNCILMAN- c,i L'f 'i s , `(i644,a t / A Regular T _ t,'."• At �.y Meeting.of. the City'Codncil of the City of'Petaluma on the 17th dayrof April _ _ 19.72 WHEREAS, the 'Finance Director of the City of Petaluma is authorized ,and directed to .establish a .separate fund for the purpose of paying the City 's share of cost for the Water Pollution Control. ' Facilities ,Expansion Program and' to provide for a 50% cash flow for the total project pending receipt of reimbursement from the Federal and State Governments , such fund to be ttled, Water Pollution Control Fund; and WHEREAS, the Finance Director of the City is authorized to transfer the following amounts from ,other funds for this purpose, and at the appropriate times: Sanitary Sewer- "Maintenance and Cbns'tr.uction Fund $ 425, 3,10 . 00 General Fund (Tax- Interim Reserve) 150, 000 ..0.0 Water Department Surplus Fund 704 , 000 . 00 General Fund (Reserve for Acquisi- tion and Improvement. Fund) : Project GG 2-71 Central Equipment Revolving Fund $151 ,6=37 . 00 Project PS 3-69 'Reserve for Fire Building 28 , 000 .00 Project PW 24-;6 9 Linda Del Mar 63 , 751 . 00 Project PR 2-71 Library Expansion Fund. • 80',060'. 00 Total ' $1, 602 , 698 . 0:0 NOW, THEREFORE, BE IT RESOLVED that this fund will be main- tained until completion of the Project and reimbursement from the Federal and State Governments is received which is estimated to be February, 1975_. However, as progress payments are received;; monies not needed in this fund will be returned to the originating funds: under,the power and authority conferred upon.this Council by-the Charter,of said.City. It COUNCILMEN VOTE' Seconded by. il.:� hi.11/I> ' 'Councilman Robert A. Brunner Ay Noes; Absent I hereby'certify that the foregoing,resolution was duly and I V, ,regularly introduced and adopted;';by'the Counol of City of �/ John, W. Cavanagh, Jr. F ' ,Petaluma, on the 17th day of Apri`1 1972 . by Richard W: Clecak .the following vote: i T Robert E, Daly V (SEAL) L �..-lJ?.t'� �1.2'_Z.4.C: !J'.YL'` . -� Mayor:af the City of,,Petaluma .. Fred V. Mattei _I in f- William A. Perry, Jr. / ; Attes "�{ � ? °p Mayor Helen Putnam ,% City lent