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Resolution No. 3996RESOLUTION NO 3996 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CYPRESS r- 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 lighting 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 terminating on January 1 1982 and extended two consecutive five year periods commencing January 1 1982 and terminating on January 1 1992 and WHEREAS, this City Council wishes to postpone the termination date of Cypress Lighting District No 2 NOW THEREFORE, THE CITY COUNCIL OF THE CITY OF CYPRESS HEREBY DOES RESOLVE, DETERMINE FIND AND ORDER AS FOLLOWS SECTION 1 There is good and sufficient reason for extending the termination date of Cypress Lighting District No 2 in that a In the event Cypress Lighting District No 2 expired it would be necessary for the City to commence proceedings for the formation of a new lighting district to provide for the operation and maintenance of street lighting 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 demonstrated to be a cost-effective method of financing the costs of street lighting and has a history of approximately 30 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 procedures of Cypress Lighting District No 2 and the termination thereof would unnecessarily complicate the City's ongoing street lighting programs SECTION 2 Pursuant to the authority of Streets and Highways Code Section 18062 the termination date of Cypress Lighting District No 2 hereby is extended from January 1 1992 to January 1 1997 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 held on the 28th day of October,. 19, MAYOR OF THE CITN OF CYPRESS ATTEST /' / CITY CLERKERK 0 THE C Y 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 City Council held on the 28th day of October 1991 by the following roll call vote AYES 5 COUNCIL MEMBERS Age, Kerry Nicholson, Partin and Bowman NOES 0 COUNCIL MEMBERS None ABSENT 0 COUNCIL MEMBERS None rrmv rr COv nv mut. n4mr nn ....