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HomeMy WebLinkAboutCC RESO 5639c 93 - 42-6-- s-A WHEREAS, the City of National City, on April 2, 1946, by Ordinance No. 716, did provide for the issuance of certain bonds known as "1946 Sewer Bonds" for the pur- poses set forth in the proceedings and notices theretofore held; and RESOLUTION NO. 5639 WHEREAS, the said Ordinance created a fund known as "1946 Sewer Bond Fund"; and WHEREAS, the said bonds were duly ,sold and the money received therefor, together with money received from the Department of Finance, State of California, as the Staters share of costs pursuant to the 'Construction and Employment Act', was regularly deposited in the "1946 Sewer Bond Fund'; and WHEREAS, the purposes and the objects of the pro- ject as set forth in Ordinance No. 716 and all prior pro- ceedings and notices, have been fully accomplished; and WHEREAS, the City of National City has heretofore created a fund known as Sinking Fund #8 for the sole purpose of payment of principal and interest on the National City Bonds known as "1946 Sewer Bonds"; and WHEREAS, the sum of $53,843.65 remains in the said "1946 Sewer Bond Fund"; and WHEREAS, pursuant to the authority granted by Section 43628 of the Government Code, it is the desire of the City Council of National City to transfer said $53,843.65 to the said Sinking Fund #8; NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of National City, California, as follows: That the sum of $53,843.65 is hereby transferred from the "1946 Sewer Bond Fund" to Sinking Fund #8. Page Two PASSED AND ADOPTED by the City Council of the City of National City, California, this 5th day of February , 19 52 , by the following vote, to -wit: AYES: Councilmen Curry, Hart, Ingalls, Carrigan NAYS: Councilmen None ABSENT: Clarke �Sf• ��A' Ma or of the City of,ational City alifornia. ATTEST: City Clerk. I hereby approve the foregoing f Resolution 1 this 5th day of February 19"" Mar of the City of I tional City, ifornia. I hereby certify that the above and foregoing is a full and true copy of of the { Resolutions Ordinances } j Resolution No 1 Ordinance J of the City of National City, California, as adopted by the City Council of said City, and approved by the Mayor of said City, on the day of , 19 City Clerk of the City of National City, California. Deputy