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R-6056 RESOLUTION NO. 6056 (CITY COUNCIL SERIES) A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SANTA MONICA ALLOCATING $60,000 FROM THE PARKING METER FUND FOR THE REPLACEMENT OF PARKING METERS IN ZONE A WHEREAS, the City Council of the City of Santa Monica has increased the parking meter rates in Zone A from ten cents to twenty five cents per hour; and WHEREAS, the increase of parking meter rates will require converting all the parking meters in Zone A at a cost of $60,000; and WHEREAS, the Santa Monica Municipal Code Section 33928 states that revenues collected from parking meters may be used to convert parking meters. NOW, THEREFORE, THE CITY OF SANTA MONICA DOES RESOLVE AS FOLLOWS: SECTION 1. That the City Council authori ze the expenditure of $60,000 from the Parking Meter Fund to convert all the parking meters in Zone A from ten cents to twenty five cents per hour. SECTION 2. The City Clerk shall certify to the adoption of this resolution and thenceforth and thereafter the same shall be in full force and effect. APPROVED AS TO FORM: ~~~~ Stephen Shane tark Acting City Attorney ADOPTED AND APPROVED THIS 22nrl DAY OF July J 1980 I CZ!-M ~ )1t \,,'. ,^-'. " 1~ /.// "r\1A YO I I \..... I HEREBY CERTIFY THAT THE FOREGOING RESOLUTIONJ No. 60S6 J WAS DULY ADOPTED BY THE CITY COUNCIL OF THE CITY OF SANTA MONICA AT A REGULAR MEETING THEREOF HELD ON .July 77 J 1980 BY THE FOllOWING COUNCIL VOTE: AYES: COUNCIlMEMBERS: Jennings, Reed, Scott, van den Steenhoven, Bambrick NOES: COUNCIlMEMBERS: Rhoden ABSENT: COUNCIlMEMBERS: Yannatta Goldway ABSTAIN: COUNCILMEMBERS: None ATTEST: (2-vt ~~LL- CITY CLERK