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HomeMy WebLinkAbout1420 RESOEUTION NO .1420 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ARCADIA APPROVING MEMORANDUM OF AGREEMENT FOR ACCUMULATION OF THE 1/4 CENT GAS TAX ALll.OCATED FOR STREETS OF MAJOR IMPORTANCE. WHEREAS, a memorandum of agreement has been presented to be enter$d into with the State of California for accumulation of the 1/4 cent gas tax for the fiscal year 1946 allocated for streets of major importance other than State highways in the City . of Arcadia; and WHEREAS, the City Council has heard read said agreement in full and is famiIBr with the contents thereof; THEREFORE, be it resolved by the City Council of the City of Arcadia that, under the provisions of Section 200 of the Streets and Highways Code, the 1/4 cent gas tax allocated for streets of major impDDtance other than State highways be accumulated for future expenditure, and that said agreement be and the same is here- by approved, and the Mayor and the City Clerk ared1rected to sign the same on behalf of said city, said agreement to be binding upon the City upon its execution by the authorized officials of the State. ADOPTED this 4th day of September, 1945. M. H. ORMSBY Mayor of the City of Arcadia Attest: W. H. NESBITT ~ity Clerk of the City of Arcadia. I hereby certify that the foregoing resolution was duly and regularly passed by the City Council of the City of Arcadia at a regular meeting thereof held Sept. 4, 1945. W. H. NESBITT aierk of the City of Arcadia