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HomeMy WebLinkAboutResolution No. 1918 2879 RESOLUTION NO. /_ �,f`` A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DOWNEY ESTABLISHING RESERVE FUNDS FOR THE FISCAL YEAR 1967 -68 THE CITY COUNCIL OF THE CITY OF DOWNEY DOES RESOLVE AS FOLLOWS: SECTION 1. To establish a Reserve Fund in the General Fund in the amount of $750,000.00. SECTION 2. To establish a Reserve Fund in the Water Department in the amount of $274,654.00. SECTION 3. The City Clerk shall certify to the adoption of this resolution. APPROVED AND ADOPTED this day of , 1967. Mayor ATTEST: ` City Clerk I HEREBY CERTIFY that the foregoing resolution was duly adopted by the City Council of the City of Downey at a regular meeting held on the / day _ of ,; , 1967, by the following vote, to wit: AYES: Councilmen : C/ 1 ~ v NOES: Councilmen: ABSENT: Councilmen: City Cle,±k