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HomeMy WebLinkAboutReso 3333-1961~ n~,ou,.UTION OF THE CITY COUNCIL OF THE CITY OF SOUTH SAN FRANCISCO ORDERING THE ADDITIONAL SUM OF $38,948.00 EARMARKED IN A SPECIAL FUND AVAILABLE TO SUPPLY FUNDS TO SUPPLEMENT PROPOSED LOAN FOR THE SOUTH SAN FRANCISCO MARINA BE IT RESOLVED by the City Council of the City of South San Francisco that the additional sum of THIRTY EIGHT THOUSAND FORTY EIGHT DOLLARS ($38,0~8.00) shall be earmarked and kept by City Treasurer in the fund entitled, "Marina Construction Fund''~, thereby making the total sum in said account THREE HUNDRED FORTY FIVE THOUSAND FOUR HUNDRED AND FORTY EIGHT DOLLARS ($345,448.00), said funds to be available for withdrawal or any part thereof needed to supplement the loan for construction of the South ~an Francisco Marina, in accordance with the Small Craft Harbor Commission's regulations and requirements, and further that said funds be and they are earmarked for purposes of completing the project as per the loan agreement and shall not be expended for any other purpose. I hereby certify that the foregoing resolution was regularly introduced and adopted by the City Council of the City of South S!an Francisco at an ~ adJoU~d regular meeting held this 17th day of November 19 /!.61 , by the following vote: AYES, COUNCILMEN G. J. Rozzi, Emilio Cortesi, Andrew Rocca, Leo J. Ryan, Patrick E. Ahem NOES, " None ABSENT, " None ATTEST: Arthur A. Rodondi City Clerk CERTIFICATE OF THE CITY TREASURER 0F~TBE CITY OF SOUTH SAN FRANCISCO THAT ADDITIONAL FUNDS IN THE SUM OF $38,o48.oo NaVE BEEN ADDED TO THE SUM OF $307,400.00 FOR A TOTAL OF $345,448.00 AND THE SAME HAVE BEEN EARMARKED IN THE ACCOUNT ENTITLED, "MARINA CONSTRUCTION ACCOUNT", TO SUPPLEMENT THE PROPOSED LOAN FOR CONSTRUCTION OF THE SOUTH SAN FRANCISCO MARINA I, E. P. KAUFFMANN, City Treasurer of the City of South San Francisco hereby certify that the City Council of the City of South San Francisco in Resolution No. 3333 entitled, "A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SOUTH SAN FRANCISCO ORDERING TIM ADDITIONAL SUM OF $38,048.00 EARMARKED IN A SPECIAL FUND AVAILABLE TO SUPPLY FUNDS TO SUPPLEMENT PROPOSED LOAN FOR THE SOUTH SAN FRANCISCO ~RINA", passed and adopted on the 17th day of November 1961, ordered the additional sum of THIRTY EIGHT THOUSAND FORTY EIGHT DOLLARS ($38,048.00) earmarked in the account entitled, "Marina Construction Account", thereby making the total sum in said account THREE HUNDRED AND FORTY FIVE THOUSAND FOUR HUNDRED AND FORTY EIGHT DOLLARS $345,1!;!8.00) for the purpose of keeping available funds to supplement the proposed loan for construction of the South San '¥ Francisco Marina and for no other purposes. I further certify that said sum has been so earmarked and is presently maintained in the account entitled, "Marina Construction Account", which funds are ou deposit in the Crocker-Anglo National Bank, South San Francisco Branch, available for said purposes. Dated: November 17, 1961 E. P. Kauffmann 326 RESOLUTION NO. 3333 (Addendum A) continued: CERTIFICATE OF CITY MANAGER I, EUGENE AIELLO, City Manager of the City of South San Francisco, applicant for the construction loan, herein certify that I am familiar with income and disbursements of the City of South San Francisco and that the project loan and sum added thereto by order of the City Council in Resolution No. 3331 entitled, "A RESOLUTION OM THE CITY COUNCIL OF THE CITY OF SOUTH SAN FRANCISCO ORDERING THE SUM OF $307,400.00 EARMARKED IN A SPECIAL FUND AVAILABLE TO SUPPLY FUNDS TO SUPPLEMENT PROPOSED LOAN FOR THE SOUTH SAN FRANCISCO MARINA", and the further sum of THIRTY EIGHT THOUSAND FORTY EIGHT DOLLARS ($38,048.00) added thereto pursuant to Resolution No. 3333, will not create an indebted- ness or liability contrary to the provisions of Article XI, Section 18, Constitution of California. Dated: November 17, 1961 Eugene Aiello