HomeMy WebLinkAboutCC RESO 5615/ °' /6441 RESOLUTION NO. 1'7 1
WHEREAS, pursuant to the authority granted by
Section 31, Article IV of the Constitution of the State of
California, the City Council of the City of National City,
California, did on August 21, 1951, by Resolution No. 5529,
authorize and direct a transfer of Two Hundred Thousand Dollars
($200,000.00) from the Capital Outlay Fund to the General Fund
as a temporary loan; and
WHEREAS, on December 18, 1951, by Resolution No. 5 1 3
there has been transferred from the General Fund to the Capital
Outlay Fund the sum of $ ! ► p, Q pv . as partial repayment
of the aforesaid temporary loan; and
WHEREAS, pursuant to the authority granted by Section
31, Articles IV of the Constitution of the State of California,
it is the desire of the City Council of the City of National
City, California, that an additional temporary transfer of
funds in the sum of $tco.z>st.c5,1D be made from the
Capital Outlay Fund to the General Fund; and
WHEREAS, it has been determined heretofore by the
said Council that the taxes now accruing to the City of National
City, California, for the fiscal year ending June 30, 1952, are
in excess of the sum of $gyp t.,a a Q ; and
WHEREAS, the Council of said City has determined
heretofore that said transfer is necessary to provide funds
for meeting the obligations of said City incurred for maintenance
purposes:
NOW, THEREFORE, BE IT RESOLVED by the City Council of
the City of National City, California, as follows:
That the City Clerk of the City of National City,
California, is hereby authorized and directed to
transfer
i CrL Tkcuza r.A.
($ yj p pp� O° ) from the Capital Outlay Fund
to the General Fund as a temporary loan as pro-
vided by Section 31 of Article14 of the Con-
stitution of the State of California; that
said loan shall be repaid to the Capital Outlay
Fund according to law.
Page Two
DOLLARS
PASSED AND ADOPTED by the City Council of the City of National City, California, this 18th
day of December
, 1 9.53. , by the following vote, to -wit:
AYES: Councilmen----f"rierke .--'11r�'y.-..F�lx'ta••-Z Ba�•1-$►--fi0�'>t`�$01t�
NAYS:
Councilmen ]ItTO.Ii.0
ABSENT: Nerve
ATTEST:
Mayr of the City of, ational City aalifornia.
City Clerk.
I hereby approve the foregoing
J Resolution
1
this 1®tlh day of Aeme er , 19_..51
�frts _
Mayo of the City of Na
onal City, fornia.
I hereby certify that the above and foregoing is a full and true copy of Resolution No
Ordinance f
of the Resolutions
Ordinances
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