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HomeMy WebLinkAboutCC RESO 8520RESOLUTION NO. 8520 A RESOLUTION AUTHORIZING CLOSING OF BANK ACCOUNT AND TRANSFER OF FUNDS, PUBLIC WORKS PROJECT APW-CALL F-60G BE IT RESOLVED by the City Council of the City of National City as follows: 1. That in order to satisfy the requirements of the Federal Government in regard to the final disbursement of funds allocated to public works project APW-Calif-60G, and to receive the final approved grant from the Federal Government, the Mayor and City Treasurer and other appropriate City of- ficials are authorized and directed to close the checking account at the National City Branch of the Security First National Bank, said account known as Public Works Project APW- Calif-60G Account, and to execute all documents necessary to close said account. Said closing shall be accomplished im- mediately upon payment of all funds from, said account as may be required by said project. 2. The City Clerk is further authorized and directed to close the appropriate books of account set up by her pur- suant to Resolution No. 8361 as soon as all pertinent informa- tion and data have been made available to her. 3. That all funds remaining in the said account at the time of closing, be transferred to an deposited in the Drainage Fund of the City of National City, pursuant to author- ity granted in Resolution No. 8361. PASSED AND ADOPTED this 3rd day of December, 1963. ATTEST: MAYOR CITY CLERK