HomeMy WebLinkAboutAgenda Report - January 15, 2003 I-01AGENDA,rITLE: Adopt Resolution Accepting Lodi Area All Veterans Plaza Donation of
Improvements and Receive Quarterly Payment
RECOMMENDED ACTION: Adopt Resolution Accepting Lodi Area All Veterans
Plaza Donation of Improvements and Receive
Quarterly Payment
3ACKGROUND INFORMATION: The Lodi Area Veterans Plaza Foundation would like to
donate the improvements placed on City property now
known as the Lo -C Area All Veterzr
The Lodi Area All Veterans Plaza began construction on November 11, 2001, Construction of
the Plaza was complete May 22, 2002. The Foundation received a $450,000.00 loan from the
City of Lodi to construct the Plaza. The Foundation has committed to making quarterly
payments of $10,000,00 back to the City until the loan is repaid.
The Plaza, which is adjacent to Lodi City Hall, is located in a high visibility area and is
comprised of several facets including a 21.5 foot stainless-steel obelisk, a seven -foot granite
sphere, an eternal flame and a pool outlined by blue cobalt the all dramatically under lit, The
obelisk honors courage; the sphere represents unity and global service; the flame represents
valor and sacrifice; and the water represents healing.
The Plaza is a lasting tribute to all Veterans, past, present and future representing all branches
of the United States military,
In addition, the Foundation would like to present the City with their third installment in the
amount of $10,000.00 toward the $450,000.00 loan to the foundation. All funds have been the
result of fund development by the Foundation,
Funding: None
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A RESOLUTION OF THE LODI CITY COUNCIL ACCEPTING
THE LODI AREA ALL VETERANS PLAZA DONATION OF
IMPROVEMENTS, AND FURTHER ACCEPTING
QUARTERLY PAYMENT
WHEREAS, construction of the Lodi Area All Veterans Plaza began on November 11,
2001, and was completed on May 22, 2002; and
WHEREAS, the Plaza, which is adjacent to Lodi City Hall, is comprised of several
facets including a 21.5 foot stainless-steel obelisk, a seven -foot granite sphere, an
eternal flame, and a pool outlined by blue cobalt Me all dramatically under lit; and
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WHEREAS, the Plaza is a lasting tribute to all Veterans, past, present, and future,
representing all branches of the United States military; and
WHEREAS, utilizing a $450,000.00 loan from the City of Lodi, the Lodi Area Veterans
Plaza Foundation has committed to making $10,000.00 quarterly payments to the City until the
loan is repaid; and
WHEREAS, the Foundation desires to donate all of the improvements to the City of
Lodi, and further transmits its third insfal)rnent on the loan.
NOW, THEREFORE, BE IT RESOLVED, that the Lodi City Council does hereby accept
the Lodi Area All Veterans Plaza donation of improvements in their entirety; and
BE IT FURTHER RESOLVED, that the Lodi City Council hereby accepts the third
installment on the above-mentioned loan in the amount of $10,000.00.
Dated: January 15, 2003
I hereby certify that Resolution No. 2003-07 was passed and adopted by the City
Council of the City of Lodi in a regular meeting held January 15, 2003, by the following vote:
AYES, COUNCIL MEMBERS — Beckman, Hansen, Howard, Land, and Mayor
Hitchcock
NOES: COUNCIL MEMBERS — None
ABSTAIN: COUNCIL MEMBERS None
SUSAN J. BLACKSTON
City Clerk
2003-07
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