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HomeMy WebLinkAboutCC RESO 5427RESOLUTION NO. 5427 WHEREAS, it is the desire of the City Council of the City of National City, California, to direct that a temporary transfer of funds in the amount of $76,500.00 be made from the Capital Reserve Fund to the General Fund; and WHEREAS, it has been heretofore certified by the City Manager Doris Sullivan that the taxes now accruing to the City of National City for the fiscal year ending June 30, 1951, is in excess of the sum of $90,000.00; NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of National City that the City Clerk is hereby directed to transfer $76,500.00 from the Capital Reserve Fund to the General Fund as a temporary loan and to be repaid to the Capital Reserve Fund from the first monies received by the City of National City. PASSED AND ADOPTED by the City Council of the City of National City, California, this 17th day of April AYES: Councilmen , 19 51 , by the following vote, to -wit: Carrigan, Clarke, Curry, Hart, Matthews NAYS: Councilmen None ABSENT: None ATTEST: City Clerk. I hereby approve the foregoing "-- �Y • ,;i?� Mayor of the City of National City, California. { Resolution l this 17th day of _April Ofa 19 51 Mayor of the City of National City, California. I hereby certify that the above and foregoing is a full and true copy of Resolution 1 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 C., 9 3 -7 ri Y.4LLI q!-i7-s7 /9--44J ¶ (/ 7