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HomeMy WebLinkAboutCity Council - 3718 RESOLUTION NO. 3718 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF HUNTINGTON BEACH SETTING OUT CRITERIA FOR DETER- MINING ALLOCATION OF FEDERAL REVENUE SHARING FUNDS WHEREAS, the City of Huntington Beach will receive 1 million dollars in federal revenue sharing funds per year during the next five years; and The Home Council has made recommendation as to use of such funds , and the Council has ''reviewed and approved such recommendation, NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Huntington Beach that the following criteria shall be considered when determining allocation of federal revenue shar- ing funds by the city : 1 . Use shall be directed to benefit the majority of residents in the city of Huntington Beach. 2. Any use for capital projects or acquisitions should be limited to only those which can be completed within the five-year period during which city will receive such funds, and operating maintenance costs will be engineered to fit within the city ' s general fund from and after the expiration of such five-year period. 3. Property tax rates should not increase during the time city receives federal revenue sharing funds . 4 . Revenue sharing funds shall not be used for city general operating costs . PASSED AND ADOPTED by the City Council of the City of Huntington Beach at a regular meeting thereof held on the 16th day of July, 1973 • ayo 1. ATTEST: APPROVED AS TO FORM: DON P. BONFA, City Attorney • C � By City Clerk4 ant City Attorney 2 . Res. No. 3718 STATE OF CAU FORMA ) COUNTY OF ORANGE > ss: CITY OF HUNTINGTON BEACH ) I, ALICIA M. WENTWORTH, the duly appointed, qualified City Clerk of the City of Huntington Beach, and ex-officio Clerk of the City Council of said City, do hereby certify that the whole number of members of the City Council of the City of Huntington Beach is seven; that the foregoing resolution was passed and adopted by the affirmative vote of more than a majority of all the members of said City Council at a regular meeting thereof held on the 16th day of July 19 73 by the following vote: AYES: Councilmen: Bartlett, Green,` Coen, Duke, Matney NOES: Councilmen: None ABSENT: Councilmen: Shipley, Gibbs City Clerk and ex-officio Clerk of the City Council of the City of Huntington Beach, California