HomeMy WebLinkAboutResolution No. 2066 RESOLUTION NO. 2066
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
DOWNEY ESTABLISHING RESERVE FUNDS FOR THE FISCAL
YEAR 1968 -69
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.
SECTION 2. To establish a Reserve Fund in the Water Department in
the amount of $311,264.
SECTION 3. The City Clerk shall certify to the adoption of this
resolution.
APPROVED AND ADOPTED this 10th day of June , 1968
4 1.014/ta4 1``1'1 `
Mayor
ATTEST:
City Clerk
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
10th day of June , 1968, by the following vote, to wit:
AYES: 5 Councilmen: Corbin, Temple, Ferris, Winton, Morton
NOES: Councilmen:
ABSENT: Councilmen:
C c
City Clerk