HomeMy WebLinkAboutReso 228-1985RESOLUTION 228-85
CITY COUNCIL, CITY OF SOUTH SAN FRANCISCO, STATE OF CALIFORNIA
A RESOLUTION DETERMINING SPECIAL DISTRICT
AUGMENTATION FUND DISTRIBUTION, IN ACCOR-
DANCE WITH SECTION 98.6 (b) OF THE REVENUE
AND TAXATION CODE
WHEREAS, the City Clerk has received the County Controller's
Special District Augmentation Fund notice of allocation as
required by Section 98.6 of the Revenue and Taxation Code; and
WHEREAS, the City Council properly noticed and conducted a
public hearing on October 23, 1985, to consider the sums to be
disbursed; and
WHEREAS, after said hearing, the City Council approved the
sums determined to be disbursed to each special district as
described in Exhibit "A" attached hereto.
NOW THEREFORE, BE IT RESOLVED by the City Council of the
City of South San Francisco that the amount of funds to be
disbursed to special districts shall be set forth on Exhibit "A"
hereto and shall reflect totals as follows:
West Park West Park Stonegate Willow
1 & 2 3 Ridge Gardens
49,706 -- 9,263
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 requ]ar meeting held
on the 23rd day of October , 19 85 , by the following
vote:
AYES, COUNCILMEMBERS
Emanuele N. Damonte, Richard A. Haffey and
Gus Nicolopulos
NOES, COUNCILMEMBERS Mark N. Addieg0
ABSENT, COUNCILMEMBERS R0berta Cerri Teglia
EXHIBIT "A" TO
RESOLUTION NO. 228-85
COMMON GREENS MAINTENANCE DISTRICTS
SPECIAL DISTRICTS AUGMENTATION FUND DISTRIBUTION
FUND BALANCE 7/1/85
1985-86 PROPERTY TAX REVENUE
1985-86 EXPENDITURES
SUB TOTAL
PROPOSED AUGMENTATION
FUND DISTRIBUTION
FUND BALANCE 6/30/86
West Park West Park Stonegate Willow
1 & 2 3 Ridge Gardens
48,924 47,169 73,663 1,969
96,694 181,876 33,734 14,790
108,821 235,957 29,990 20,022
36,797 <6,912> 77,407 <3,263>
0 49,706 0
36,797 42,794 77,407
9,263
6,000
Total
171,725
327,094
394,790
104,029
58,969
162,998