HomeMy WebLinkAboutResolution No. 3044 RESOLUTION NO. 3044
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DOWNEY
DETERMINING THAT A SURPLUS OF FUNDS EXISTS IN ASSESSMENT
DISTRICT NO. 10 (Klondyke Avenue and other Streets) AND
THAT SAME SURPLUS BE USED FOR MAINTENANCE OF STREETS IN
THE ASSESSMENT DISTRICT IN ACCORDANCE WITH THE PROVISIONS
OF THE STREETS AND HIGHWAYS CODE OF THE STATE OF CALIFORNIA
WHEREAS, the City Council of the City of Downey has determined that a
surplus of $78,354.02 (June 30, 1974) exists in the account for Assessment
District No. 10 (Klondyke Avenue and other streets); and
WHEREAS, the City Council has found that all claims in connection
with the Assessment District, including right -of -way acquisitions, have
been paid in full; and
WHEREAS, Section 10427 of the Streets and Highways Code of the State
of California does provide for surplus funds to be designated for maintenance
of improvements constructed under an assessment district proceeding;
NOW THEREFORE, THE CITY COUNCIL OF THE CITY OF DOWNEY DOES RESOLVE AS
FOLLOWS: 1
1
SECTION 1. That surplus funds accumulated under Assessment District
No. 10 (Klondyke Avenue and other streets) are hereby designated to be used
for maintenance of improvements in said Assessment District.
SECTION 2. The City Clerk shall . certify to the adoption of this
resolution.
APPROVED AND ADOPTED this 22nd day of October , 1974.
) .
' 'ice,
Richard M. Jenny. gs, Mayor
ATTEST:
ce ,),.
k Deputy City Clerk
I HEREBY CERTIFY that the foregoing resolution was adopted at a regular
meeting of the City Council of the City of Downey on the 22nd day of October,
1974, by the following vote:
AYES: 4 Councilmen: DiLoreto, Winton, Scotto, Jennings
NOES: 0 Councilmen: None
ABSENT: 1 Councilmen: Temple
- ...) , _ , k-0-\...v..e Cfokc
Deputy City Clerk