HomeMy WebLinkAbout1996-06-25; City Council; Resolution 96-2321
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RESOLUTION NO. 9 6 - 2 3 2
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
CARLSBAD EXPRESSING SUPPORT FOR LEGISLATION
THAT WOULD APPROPFUATE $1.5 MILLION TO THE
CAlUSBAD FLOWER FIELD FOUNDATION FROM THE
STATE’S GENERAL FUND
WHEREAS, Carlsbad Ranch will pay approximately $1.76 million in Will
Act Cancellation Fees in fiscal year 1996-97 associated with the development of the Spec
P1an;and
WHEREAS, the cancellation fee will be deposited into the State’s General
without any mechanism to reallocate the fee to fund local projects; and
WHEREAS, the flower fields represent an important amenity to the Carlsb
Ranch project and to the City of Carlsbad; and
WHEREAS, the developer of the Carlsbad Ranch project and the City havc
in concept, to the creation of an independent non-profit foundation to support the flower fi
and
WHEREAS, legislation is desired which would appropriate $1.5 million to
foundation noted above, and serve as a endowment, the interest form which could fund re5
and development grants that would ensure the long term viability of the flower fields.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City
Carlsbad, California as follows:
The City Council formally supports legislation which would appropriate $ T
million to the Carlsbad Flower Fields Foundation from the State’s General Fund.
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a II)
PASSED, APPROVED AND ADOPTED at a regular meeting of the City
,1996 by the following vote to wit; on the 25th day of June
AYES:
NOES: None
ABSTAIN: None
ABSENT: None
Council Members Lewis, Nygaard, Kulchin, Finnila anc
W CLkUb'l?"A. LE-, MG&-
ATTEST:
I&. 24
ALETHA L. RAUT
-2-