HomeMy WebLinkAboutCity Council Resolution 06-011RESOLUTION NO. 06-011
A RESOLUTION OF THE CITY COUNCIL OF THE
CITY OF SARATOGA TO ESTABLISH AN
INTERNAL SINHING FUND (DESIGNATED
ACCOUNT) FOR EACH CITY OWNED FACILITY
WHEREAS, the City of Saratoga owns several buildings; and
WHEREAS, the city has lease agreements with non-profit groups for use of each of the
buildings; and
WHEREAS, as the city negotiates or re-negotiate future lease agreements the long-term
maintenance needs of the buildings will need to be addressed; and
NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Saratoga
requires future lease agreements, for city owned facilities, to include a provision
establishing a designated account to address the long-term maintenance needs of the
facility; and
NOW, THEREFORE, BE IT FURTHER RESOLVED that the lease agreement also
identify the source of funding.
The above and foregoing resolution was passed and adopted at an adjourned meeting of
the Saratoga City Council held on the 15`h day of February, 2006 by the following vote:
AYES: Councilmember Kathleen King, Nick Streit, Ann Waltonsmith,
Vice Mayor Aileen kao, Mayor Norman Kline
NOES: None
ABSENT: None
ABSTAIN: None
Norman Kline, Mayor