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HomeMy WebLinkAboutResolution No. 04-C020 0 RESOLUTION NO. 04-C2 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF AZUSA, CALIFORNIA, TO CERTIFY THE CITY OF AZUSA'S APPLICATION FOR CYCLE 3 LIBRARY BOND ACT FUNDS AND DEMONSTRATE COMMITMENT TO THE OPERATION OF LIBRARY SERVICES FOR THE PROPOSED AZUSA CITY LIBRARY WHEREAS, California voters approved the Library Bond Act of 2000 authorizing $350 million for public library construction and renovation; and WHEREAS, pursuant to Education Code section 19995 (a) a resolution to certify the City of Azusa's application and commitment to library services must be provided by all applicants requesting Library Bond Act Funds; and WHEREAS, Azusa voters overwhelmingly approved (76.46%) a local bond measure to raise local matching funds in the amount of $5.9 million; and WHEREAS, it is the intent of the City of Azusa to apply for Cycle 3 Library Bond Act Funds to build a new downtown central library in the heart of the city; NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Azusa SECTION 1. Commits to provide the local matching fund amount of $8,734,331 identified in the library project budget and the amount of $2,972,000 to be credited to local matching funds pursuant to section 19995 (c) and (d); and SECTION 2. Commits to provide the supplemental funds of $2,905,050 necessary to complete the project; and SECTION 3. Commits to make available the local matching and supplemental funds specified in the project budget when they are needed to meet cash flow requirements for the project; and SECTION 4. Commits to and certifies the project budget of $27,860,282 as specified on the Application Form; and 0 0 SECTION 5. Commits to operate the completed facility and provide public library direct service for a period of 40 years following the completion of the project; and SECTION G. Affirms that all information submitted in the Application Form and the required supporting documents are accurate and truthful; and SECTION 7. That the City Clerk shall certify to the adoption of this Resolution. PASSED, APPROVED AND ADOPTED this 5`hday of January 2004. ATTEST: VERA MENDOZA, CITY I HEREBY CERTIFY that the foregoing Resolution No. 04-C2 was duly adopted by the City Council of the City of Azusa at the regular meeting, thereof held on the 5`h day of January, 2004, by the following vote of the Council: AYES: COUNCILMEMBERS: HARDISON, STANFORD, ROCHA, MADRID NOES: COUNCILMEMBERS: CHAGNON ABSENT: COUNCILMEMBERS: NONE VERA MENDOZA, CITY CLERK /