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1947-1528g COLT]TION NO, 1, t2, RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ANAHEIr. SETTE-G ASIDE REVENUE DERIVED FROM THE VAINTENANCF AND O 'ERATION OF PARKING METERS FOR THE PURPOSE OF OFF- STREET PARuTN( TOTS WHEREAS, the City of Anaheim has heretofore pvrcha.sed installed parking meters upon and along certain streets in the City of Anaheim an said parking meters are now in operation, mid WHEREAS, e certain Portion of the revenue derived from said parking meters :t.s required to ray for said meters, and the remain ing revenue derived therefrom is available for the use of the City of -w purposes, and TFPR AS the City Council finds that it would be to the advantage and best interests the City of Anaheim to Coutre suitab? e lots within. th City of Anaheim for the purpose establishing off street narking lots, and WHEREAS, such. off street parkins. lots of and would be beneficial to the City of tn ?.heim and residents thereof, and WHEREAS, the City Council_ finds that it would be proper and advantageous to the City of. ,Anaheim to use the net proceeds de- rived from the use and maintenance of parking meters to' pay the share of the City of Anaheim of the Purchase price of lots hereto fare or hereafter purchased for off-street parking Tots and areas; NOT, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF ANAHEI.7 that all. the net revenue derived from the mainten- ance and operation of parking meters installed, maintained and operated in the City of Anaheim remaining after the amount reouired for the completion of the payment of the purchase price of said meters and the ^dequa.te and nro3Der maintenance nd opera ti.on of saia meters shall be used to pay the share of the City of Anaheim of the purchase price and improvement of real_ property heretofore and hereafter pi .rohased for the purpose of estabiishin 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 off-street narking Tots or areas, and BE TT FURTHER RESOLVED that srlel funds be so used at the discretion of the City Council until discontinued by resolution duly adopted by the City Council of the City of Anaheim, rnd BF TT FURTHER RESOLVED that Resolution No. 1527 be and the same is hereby rescinded. PASSED AND ADOPTED rt a regular meeting of the CIty Council of the City of Anaheim. this 25tis day of Tebruary, r,ayor of the City Of Anaheim k of the QIq of Anahefm STATE OF CALIFORNIA County of Orange ss City of Anaheim -2- 1947. I, CHARLES E. c-RIFFITH City Clerk of the City of knaheim, do hereby certify that the foregoing Resolution was nassee and adopted nt regular meeting of the City Council of the City of Arrheim, held on the 25th day of rebruary, 1 9 4 7, by the following vote of the members thereof; AYS: COUNCILEEN: Pearson, Pace, Heying, Bonay and Van Wagoner. NOES: COUNCILMEN: None. PR SEN'T COUNCIL'TEN None Ane 1 further certify that the "nvor of the City of Lnaheim signed and npnroved rnid Resolution on the 25th of February, 1947. IN WITNESS WHEREOF, T hereunto ret my band and affixed the sena of the id. City of Anaheim this 25thclay of Pebruary.1947. tit/( o° the of tnrhelr,