HomeMy WebLinkAboutCC RESO 8367RESOLUTION NO. 8367
RESOLUTION AUTHORIZING ESTABLISHMENT OF BANK ACCOUNT
FOR PUBLIC WORKS PROJECT APW-CALIF-58G
The City Council of the City of National City
resolves as follows:
1. That in order to satisfy the requirements of
the Federal Government in regard to the disbursement of funds
allocated to Project APW-CALIF-58G, the Mayor and City Trea-
surer and other appropriate City officials are directed to
establish a checking account at the National City Branch of
the United. States National Bank, and to execute all documents
necessary to establish said account, when Federal Government
authority is granted.
Z. That said account shall be known as Public
Works Project APW-CALIF-58G Account.
3. That the City of National City's share, as de-
termined by the Federal Government, be transferred to said
account from the General Fund of the City, said sum represent-
ing the.sum the City is required to contribute to said project.
4. That the City Clerk is authorized and directed
to set up the appropriate books of account relative to said
project, and to record all expenditures, draw checks as re-
quired,.and do ail other acts required to properly disburse
the funds placed in said account.
5. That in the event funds attributable to the City
remain in the account after the completion of the project, or
in the event said project is not begun or completed for any
reason, any such City funds remaining in said account may be
withdrawn and deposited in the General Fund of th•e City upon
resolution duly adopted.
PASSED AND ADOPTED this 7th day of May, 1963.
ATT EST s�
CITY CLERK