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75C - PH - BRISTOL EIR FROM WARNER TO ST. ANDREW
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75C - PH - BRISTOL EIR FROM WARNER TO ST. ANDREW
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Last modified
4/8/2015 3:32:45 PM
Creation date
4/2/2015 4:21:45 PM
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City Clerk
Doc Type
Agenda Packet
Agency
Public Works
Item #
75C
Date
4/7/2015
Destruction Year
2020
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receives any reimbursement proceeds from the District pursuant <br />to this section, the City shall deposit such proceeds into the <br />special account established pursuant to section 8 of this <br />Anreerne nt > <br />8. The City shill establish a special account Consisting <br />of City and Agency monies reserved for the purpose of assisting <br />the District to fund the cost of acquisition, and /or improvement <br />of school sites within the City of Santa Ana. $p long as <br />such special account is maintained by the City, the City may <br />expend monies out of said special account solely for such purpose. <br />Monies in said special account shall be accounted for separate <br />and apart from other City revenues. Such monies shall be <br />invested by the City in the same manner as other City revenues. <br />M <br />Any and all interest earned on monies in the special account <br />shall accrue to the special account and be subject to the <br />same limitations. herein set forth for the principal deposit <br />in said account. The City shall maintain said spacial account <br />-until such time as its termination is mutually agreed upon by the <br />City and the District. <br />91 The District agrees to convey to the City, without <br />coat to the City, on easement for street purposes over that <br />portion of the Property which the City determines to be <br />necessary for the widening of Bristol Strssto ouch conveyance <br />to be made upon the request of the City at any time after the - <br />-4- <br />S k:0i1i589£1Z -MZ 679 Pl6 % 5 C -37 51 ! SS- SS -OI: S31VIGOSSY N1071IM A9 AOd <br />
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