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HomeMy WebLinkAboutCC RESO 5476RESOLUTION NO. 5476 WHEREAS, the City of National City, California, has heretofore, by Ordinance No. 725, created a Capital Outlay Fund for the deposit of Capital Outlay money; and WHEREAS, certain Capital Outlay money has been deposited in a fund known as Capital Reserve Fund.; and WHEREAS, it is the desire of the City Council of National City, California, to have all Capital Outlay funds deposited in the Capital Outlay Fund as prescribed by Ordi- nance No. 725 of the City of National City, California; NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of National City, California, as follows: 1. That all money now in the Capital Reserve Fund be transferred to the Capital Outlay Fund, and that all money hereafter received by the City of National City for the said Capital Reserve Fund be deposited, upon receipt, in the Capital Outlay Fund. 2. That the fund known as"Capital Reserve Fund" is hereby discontinued, terminated and dissolved. PASSED AND ADOPTED by the City Council of the City of National City, California, this day of June AYES: Councilmen 19 51 , by the following vote, to -wit: Clarke, Curry, Hart, Ingalls, Carrigan 26th NAYS: Councilmen None ABSENT: None ATTEST: City Clerk. I hereby approve the foregoing � siS �ii -Q/v-f.J Ma r of the City of ational Ci California. Resolution iffi�63re`C this 26th day of June 19 bi Mayor of the City of tional Ci alifornia. I hereby certify that the above and foregoing is a full and true copy of of the { Resolutions Ordinances Resolution No Ordinance } 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 9 3- / /70,1 e16 -67 idiro.A.t.frvKAA, JA-tv%41/. Nr4. tr-tri ow-tar,,,r—L-A-g-1 /651-t.A•.;,04 aCx444-c42