HomeMy WebLinkAboutRESOLUTIONS-1964-014-R-640
•
14-R-64
R E S O L U T I O N
WHEREAS, the City Council on March 23, 1964, approved
a program under which all municipal parking in the Fountain
Square area will be "free" after 6:00 F.M. on Monday and
Thursday shopping nights daring an experimental period, and
it- is necessary and desirable to r'aimburse
the Parking System Fund for any revenue loss attributable
to this program so as to not diminish the revenues on which
the parking revenue bondholders rely, and
WHEREAS, studies conducted on March 19, March 30,
and April 2, 1964 have shown that the revenue loss will be
approximately $100.00 on each of the 24 Monday and Thursday
nights during the experimental period to run from April 9
NOW, THEREFORE', DE IT F-E111,OL ED, that acne F:-nance
Director and Comptroller be and hereby is authorized and
directed to transfer $2,400.00 from the General Fund to the
Parking Syste.im Fund by charging Appropriation 850.402 and
crediting Revenue Account 20.7.
ATTEST:
-� �I y `Cr
Mayor