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HomeMy WebLinkAboutResolution No. 328 4 RESOLUTION NO. .5- RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DOWNEY ADOPTING BUDGET AND APPROVING FIRST SUPPLEMENTAL MEMORANDUM OF AGREEMENT FOR EXPENDITURE OF GAS TAX ALLOCATION FOR MAJOR CITY STREETS. THE CITY COUNCIL OF THE CITY OF DOWNEY DOES RESOLVE AS FOLLOWS. WHEREAS, a first supplemental memorandum of agreement has been presented to be entered into with the State of California in accordance with a project statement submitted by the City of Downey for expenditure of the gas tax allocation to cities for the fiscal year 1959, and WHEREAS, the City Council has heard read said agreement in full and is familiar with the contents thereof; THEREFORE, be it resolved by the City Council of the City of Downey that said project statement be and it is hereby adopted as the budget of pro- posed expenditures of the gas tax allocation to cities, and said agreement be and the same is hereby approved and the Mayor and the City Clerk are directed to sign the same on behalf of said City, said agreement to be binding upon the City upon its execution by the authorized officials of the State. The City Clerk shall certify to the adoption of this resolution. APPROVED AND ADOPTED this /2 day of 7, Z %Tezl 21958. Mayor A T A9ItyjE City Clerk I hereby certify that the foregoing resolution was duly abpted by the City Council of the City of Downey at a regular meeting thereof held on the /„7 day of � az J. t ,1958 by the following vote of the Council, to o AS Councilmen.. e NOES: Councilmen: ABSENT: Councilmen: A City C erk 'i 1