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HomeMy WebLinkAboutResolution No. 3045 RESOLUTION NO. 3045 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DOWNEY DETERMINING THAT A SURPLUS OF FUNDS EXISTS IN ASSESSMENT DISTRICT NO. 69 (Brookshire 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 $44,419.92 (June 30, 1974) exists in the account for Assessment District No. 69 (Brookshire 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: SECTION 1. That surplus funds accumulated under Assessment District No. 69 (Brookshire 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 22ndday of October , 1974. i , v I /1 ` ' ` / f / ` Lj' ` �� r -r i%r r Z /, Richard M. Jenn s Ma or y . ATTEST: = - ( l]: s oke, 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 eputy City Clerk