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HomeMy WebLinkAbout1261 .. RESOLUTION No.1261 RESO.LUTION OF THE CITY COUNCIL OF THE Crry OF ARCADIA APPROVING MEMORANDUM OF AGREEMENT FOR ACCUMULATION <9F 1/4 CENT GAS TAX ALLOCATED FOR STREETS OF MAJOR IMPORTANCE. WHEREAS, a ~emorandum of agreement has been presented to be entered into with the State of California for accumulation of the l/.4 Cent gas tax for the fiscal year 1944 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 familiar with the contents thereof; THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL of the City of Aroadia that, under the provisions of Section 200 of the Streets and Highways Code. the 1/4 cent gas tax allocated for streets of major importance 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 ~ity Clerk are directed 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. ADOPT}~ this 7th day of September 1943. M. H. ORMSBY Mayor of the City of Arcadia Attest: W. H. NESBrrT City Clerk of the City of Arcadia. I hereby oertify 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. 7, 1943. W. H. NESBrrT Clerk of the City of Arcadia.