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Resolution No. 23592Y RESOLUTION NO 2359 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CYPRESS POSTPONING THE TERMINATION DATE OF CYPRESS LIGHTING DISTRICT NO 2 WHEREAS, by its Resolution No 216, adopted December 18, 1961, this City Council formed Cypress Lighting District No. 2 to provide for the operation and maintenance of a street light- ing system throughout the City• and WHEREAS, said Cypress Lighting District No 2 was formed for a period of 20 years commencing January 2, 1962 and ter- minating on January 1, 1982; and WHEREAS, this City Council wishes to postpone the termina- tion date of Cypress Lighting District No. 2, NOW, THEREFORE, the City Council of the City of Cypress HEREBY DOES FIND, DETERMINE, RESOLVE AND ORDER as follows. SECTION 1 There is good and sufficient reason for extend- ing the termination date of Cypress Lighting District No 2 in that: a In the event Cypress Lighting District No 2 ex- pired, it would be necessary for the City to commence pro- ceedings for the formation of a new lighting district to provide for the operation and maintenance of street light- ing throughout the City and this process would entail a substantial expenditure of time and money which could otherwise be expended for necessary City programs; b Cypress Lighting District No 2 has been demon- strated to he a cost-effective method of financing the costs of street lighting and has a history of approximately 20 years of operation with virtually no protest from the residents and taxpayers of the City; and c The citizens and taxpayers of the City have become accustomed to and are familiar with the operations and pro- cedures of Cypress Lighting District No. 2, and the ter- mination thereof would unnecessarily complicate the City's ongoing street lighting programs SECTION 2. Pursuant to the authority of Streets and High- ways Code Section 18062, the termination date of Cypress Light- ing District No 2 hereby is extended from January 1, 1982 to January 1, 1987, said extension being a reasonable period of time within which other methods of funding the costs of street lighting can be thoroughly considered at both the state and Local levels PASSED AND ADOPTED at a regular meeting of the City Council of the City of Cypress on the 9th day of March 1981. ATTEST - CITY CLERK TH MAYOR OF THE CI Y OF CYPRESS TY OF CYPRESS STATE OF CALIFORNIA ) COUNTY OF ORANGE ) SS I, DARRELL ESSEX, City Clerk of the City of Cypress, DO HEREBY CERTIFY that the foregoing Resolution was duly adopted at a regular meeting of the said City Council held on the 9th day of March 1981, by the following roll call vote. AYES: NOES - ABSENT ABSTAINED: 4 COUNCIL MEMBERS• 0 COUNCIL MEMBERS 0 COUNCIL MEMBERS 1 COUNCIL MEMBERS: Lacayo, Mullen, Rowan and Evans None None Coronado ./7„7,y( CITY CLERK 0 HE - 2 - TY OF CYPRESS