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HomeMy WebLinkAboutCC RES 79-055V �� ,�— .� �__c, �S�_.;:IO�. �i;;. , _ _.. A RESOLUTION OF TNE CITY COUNCIL OF THE CITY OF PAI.f•1 DFSERT, CALIFORNIA, AND REVISING RESOLUTION �JO. 78-58 AND ESTAB- LISHING A SIGNALIZATIOfJ FUND. WHEREAS, the City of Palm Desert, California, is requirina participatian b.y developers in the construction and/or cost of traffic signalization occasioned by the develon- ment: and 4JHEREAS, the City of Palm Desert, California. desirPs to establish a fund for the ouraose of holdina those funds; NOW, THEREFORE, BE IT RESOLVE� as follows: I That the City Council does hereby establish within the funds of the City of Palm �esert, Californ:a, a"TRAFFIC SIGNALI- ZATION FUND". II That the funds required from developers in the conditions of approval of their permits shall be deposited into a"planned traffic and signalization fund" maintained by the City Gouncil. Moneys in such fund shall be exoended solely for the construction or reimbursement of intersection or signalization pro�ects within the City of Palm Desert, California. PASSED, APPROVFD AtdD ADOPTED hy the City ('ouncil this 24th day of May , 1979, by the following vote: AYES: Brush, Newbrander, Wilson &1McPherson P�OES: None � ABSE�JT: McPherson � �- - -- � , EDWARD D. ULLINS,�Mayor City of P m Desert, California �ATTEST: � or � �r �/ ` �.I f'.� .�/ L%' �JAMES E. McPHERSON, Mayor Pro-Tempore ✓ �5't�C-C���'.� L/ SHEILA R. GILL Id, City Cle k City of Palm �esPrt, Califo nia