HomeMy WebLinkAboutCC RESO 5529, 7.247
RESOLUTION NO.
5529
WHEREAS, pursuant to the authority granted by
Section 31, Article 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 a temporary transfer of
funds in the sum of TWO HUNDRED THOUSAND DOLLARS ($200,000.00)
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 TWO HUNDRED AND FIFTY THOUSAND DOLLARS
($250,000.00); 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 TWO HUNDRED THOUSAND DOLLARS ($200,000.00)
from the CAPITAL OUTLAY FUND to the GENERAL FUND
as a temporary loan as provided by Section 31 of
Article IV of the Constitution of the State of
California; that said loan shall be repaid to the
CAPITAL OUTLAY FUND from the first moneys received
for the GENERAL FUND from the taxes accruing to the
City of National City, California.
r 3J
PASSED AND ADOPTED by the City Council of the City of National City, California, this
day of August , 19 51 , by the following vote, to -wit:
AYES: Councilmen Clarke, Curry., Hart,Ingalls, Carrigan
21st
NAYS:
Councilmen None
ABSENT:
ATTEST:
None
City Clerk.
I hereby approve the foregoing
atif w t a...-..'c'
Mayer of the City of ational Cit alifornia.
{Resolution this 21st
VENCAW
day of August
Mar of the City of,p(ational City
19 51
ram.
alifornia.
Resolution No
1 hereby certify that the above and foregoing is a full and true copy of { Ordinance
of the
j Resolutions
l 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
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