HomeMy WebLinkAboutReso 26-1993RESOLUTION NO. 26-93
CITY COUNCIL, CITY OF SOUTH SAN FRANCISCO, STATE OF CALIFORNIA
A RESOLUTION RESCINDING RESOLUTION NO. 181-86
AND AUTHORIZING DISPERSAL OF CULTURAL EVENTS
TRUST FUNDS
WHEREAS, the Cultural Events Trust Fund contains a balance of
$19,824.00; and
WHEREAS, Resolution No. 181-86 provided for the creation of a
Cultural Events Committee (C.E.C.) to serve as advisors to the
Council; and
WHEREAS, such Committee was never appointed and has never
provided advice to the Council; and
WHEREAS, the City Council desires to earmark the fund balance
to aid Art Rise in the construction of a theater in Orange Memorial
Park and does not wish to constitute the C.E.C. to provide
additional guidance in this matter; and
WHEREAS, the Council wishes to clear up any inconsistency with
Resolution No. 6-93.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City
of South San Francisco as follows:
1. The sum of $10,000 in the Cultural Events Trust Fund
shall be earmarked for a period of three (3) years as aid to Art
Rise for the purpose of constructing a theater facility in Orange
Memorial Park. If Art Rise shows proof that it has raised $250,000
during the initial three year period, the $10,000 sum shall remain
earmarked for an additional two (2) years.
2. Within the five (5) year period, the funds shall be
released to Art Rise upon proof of all of the following:
(a)
Sufficient funds have been raised by Art Rise to
complete construction of the proposed theater; and
(b)
A contract has been awarded for the construction of
such theater; and
(c)
Faithful Performance, Completion and Material and
Labor Bonds have been approved by the City
Attorney.
3. Resolution No. 6-93's reference to the theater being
constructed at no cost to the City is hereby rescinded insofar as
it is inconsistent with this resolution.
4. Resolution No. 182-86 is hereby repealed except for the
provisions creating the cultural Events Trust Fund.
I hereby certify that the foregoing Resolution was regularly
introduced and adopted by the City Council of the City of South San
Francisco at a regular meeting held on the 24th day of
FebrJar¥ , 1993 by the following vote:
AYES:
Councilmembers Jack Drago, Joseph A. Fernekes, John R. Penna,
Robert Yee, and Mayor Roberta Cerri Teglia
NOES: None
ABSTAIN: None
ABSENT: N0ne
ATTEST:
City
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