HomeMy WebLinkAboutCC RES 76-047RESOLUTION NO. 76-47
4 ' THS CITT CWIfCIL OF THE CITY C ALIt
'" %I ft , LOTIWBIZII G ADDITIOl AL ADVn.: fi8
" P a: A0 81iCY IN THB AMOUNT
,;. g , Biit A t3TA110E TO Bf TRBATSD AS A LOAN
F tO ITI[ IIITiA t.
s +r Cit Cb s il o! ths Cit oi pal Desert California,
. ,: . k : it1 Ot.tR u iol lows :
'° ast l ►d Citr Conncil authorizes additional advAaces to
; t3 sett Rede relop ent Agency as lollows:
lro tht Genersl ltiufd, the unt of i129,268; from the
1 t3as Tfut l ttnd, the sus oi =21,T19; and frao the 3B-325 Local
'x' a rt1►tion lrund, tbe sum oi :70, 963. The advances to the
at tievelopeent A ency are ior the following purposes: (i) For
im tall tion oi lirst Phase oi Landacaping along E1 Paseo betaeen
T►Artolt aad Saa Luis Rey and on San Pablo betweea the North
lri otu e Road and San Gorgonio •ay an additional amouat of $1 ?00;
( ) For re Labursement to the City tor a portion of salaries. fringe
t netita, wnd oveThezd oi City personnel providing services to the
AedevelOpment Ageac . s .0U0; (3) For a coatract for Bond Counsel
;3 000; (4) For Reconatruct:on of Alessandro between San Carlos
ad Daep Csnyon, =154,000; (5) For appraisal, design, acquisition,
p,d c tltl,truction of Extension oi San Pablo from Highway 111 to E1
pf seo, =90,000; (6) For appraisal aad acquisition of Terry Hill
: ptope 'tr !or Mid-Block Access, a11.250; (7) For engiaeering, survey
ww c►►rk wnd prepuation of visual Aids required to implement One-liay
Fro t 1 on Highway 111 Frontage Roads. a15,000. The advances to
t ' Hed svalopoent Agency shall be treated as a loan to be repaid
. tiid eac with interest on the same at the rate of 8 (eight
. c tt) per annu .
'' •,' p gsg / pp pV D snd /,DppTED by the City Council of the
9r ;` , z , ► -ot Pals Desert, this 8_ th day o! April . 1976, by the following
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A' -* ' Ygg; licpherson. Hullins, Wbrander, Seidler & Brus:
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