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HomeMy WebLinkAboutCC RES 78-058�,-r�•.':C`� �.5 .., F��" ' � < <. . ... -- 1� .�"��" � �, -� , �Y � • �. � '�tt}•. �,�1';�' i ' % �:: RESOLUTION N0. 78-58 �3� �Fr�W � �,c��f,._'�=�``""��..�-�-"''� A RESOLUTION OF THE CITY COUNCIL OF THE �-='"'f ��''"���� � CITY OF PALM DESERT, CALIFORNIA, ESTA- �.DP����� � BLI5HING A SIGNALIZATION FUND. WHEREAS, the City of Palm Desert, California, is requiring participation by developers in the construction and/or cost of traffic signalization occasioned by the development; and WHEREAS, the City of Palm Desert, California, desires to establish a fund for the purpose of holding those funds.; NOW, THEREFORE, BE IT RESOLVED as follows: I That the City Council does hereby establish within the funds of the City of Palm Desert, California, a"TRAFFIC SIGNALIZATION FLTND". II That the funds required from develapers in the conditions of approval of their permits shall be placed in said fund and allocated to the particular intersection or traffic signalization project and held until such time that such project is accomplished. Said fund will be maintained indefinitely until further determination of the City Council. PA5SED, APPROVED and ADOPTED by the City Council this 11 th day of May , 1978 , by the following vote : AYES: Brush, McPherson, Newbrander, Wilson & Mullins NOES : None ABSENT : None � , � � ' /, r �. � '� ' `� � �' t E�4�i�RD ' -: MIi LIN5, Mayor City of Palm Desert, California ATTEST: , �.i . . � 5�` �� - . � . .- .. . � � . ' ��'. �'� i�L �r� —, ' SHEILA R. GILLIGAN, Gity Clerk City of Palm Desert, California