HomeMy WebLinkAboutResolution No. 1341 2050
RESOLUTION NO. 1341
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
DOWNEY, CALIFORNIA, DETERMINING THAT THE PUBLIC
INTEREST AND NECESSITY DEMAND THE ACQUISITION AND
CONSTRUCTION OF CERTAIN MUNICIPAL IMPROVEMENT AND
MAKING FINDINGS RELATING THERETO
The City Council of the City of Downey, California, DOES HEREBY
RESOLVE, DETERMINE AND ORDER as follows:
SECTION 1. That the public interest and necessity demand the
acquisition and construction by said city of a certain municipal
improvement, to wit:
HOSPITAL BONDS: Shall the city of Downey incur a
bonded indebtedness in the prinipal amount of $4,000,000
for the purpose of the acquisition and construction by
said city of a certain municipal improvement, to wit: a
general hospital, including the acquisition of all equip-
ment and other property necessary therefor? The City
Council intends to pledge the revenues of said municipal
improvement to the payment or security of such bonded
indebtedness and the interest thereon as provided in
Article 4, Chapter 3, Part 1, Division 2, Title 5 of
the Government Code of the State of California.
That the estimated cost of said municipal improvement is $4,000,000.
That said municipal improvement requires an expenditure greater than the
amount allowed for it by the annual tax levy and is necessary and con -
venient to carry out the objects, purposes and powers of said city.
ADOPTED, SIGNED AND APPROVED this 9th day of March 2
1964.
1
( 'Mayo of the City of Downey, alifornia
ATtE ST :
f .. / /
City Clerk o r' the City of
Downey, Cali ornia.
STATE OF CALIFORNIA )
COUNTY OF LOS ANGELES ) s s .
CITY OF DOWNEY )
I, DELLA DOYLE, CITY CLERK OF THE CITY OF DOWNEY, CALIFORNIA, DO
HEREBY CERTIFY that the foregoing resolution was duly adopted by the
City Council of said city and was approved by the Mayor of said City at
a regular meeting of said City Council held on the 9th day of March, 1964,
and that it was adopted by a vote of two - thirds of the members of said
City Council, to wit:
AYES: 5 Councilmen: Temple, Morton, Dickerson, Corbin, Skinner
NOES: 0 Councilmen: None
ABSENT: 0 Councilmen: None
City Clerk of the ity of Downey,
California