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RESOLUTION NO. 1194.
A RESOIoUTION OF THE CITY COUNCIL OF THE .CITY OF ARCADIA.
TRANSFERRING CERTAIN FWl'DS FROM THE VlATER DEPARTMENT DEPRECIATION
AND RESERVE FUN~ TO THE WATER DEPilRTMENT GENERAL FUND OF SAID CITY.
THE CITY COUNCIL OF 'THE CITY OF ARCADIA DOES RESOLVE AS
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FOLLO'ilS:
SECTION 1. WHEREAS, during the' fiscal year of 1941-1942
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there has been expended for extensions. in the, Water Department of the
City of Arcadia t'be sum of Twenty Seven Thousand Six Hundred Fifty One
and 91/100 ($27,651.91) Dollars for steel pipe, and the sum of Seven
Thousand Six Hund:red Sixteen and no/lOa ($7,616.00) Dollars for the
.trenching and 1aylng of said pipe, arid
WHEREAS, in the' fiscal year 01'1942-1943 there' will be expended
the sum of Thirte'3n.Thousand Four Hundred Four and 42/100 ($13,404.42)
Dollars for the .purchase of a certain pipe line from. the City'of Pasadena,
and the sum of Four Thousand Eighty .Two and 52/100 ($4,082.52) Dollars for
a deep well subme]~sible pumping plant, an<:l
WHEREAS" all of said expenditures have been and will be for the
p~pose of making new extensions of the water distribution system of
the City of Arcadia, and
~VHEREAS, in the opinion of this City Council said extensions
are nece'ss'ary to provide a water distribution system to those people
occupyi~ recently' developed sections of said City, as well as insuring
an adequate water supply and distribution system to.al1 of the people of
said City, and
WHEREAS, in order to make said extensions provided herein,
it will be necessary to make expenditures greater than the amount of
the Water Dep.artment General Fund of said City, and
WHEREAS, the bal~nce on hand in the Water Department Depreciation
and Resefve Fund of said City, as of June' 30, 1942, is the sum of Ninety
Seven Thousand Four Hundred Twelve and 98/100 ($97,412.98) Dollars,
NOW, THE.REFORE, BE IT RESOLVED, that there be transferred from
the Water Department Depreciation and Reserve Fund of said City to the
Water Department Gllnera1 FUod of said City, the sum of Fifty Two Thousand
Seven Hundred F1ft~r Four and 85/100 ($52,754.85) Dollars.
BE IT FUHTHER RESOLVED, that said sum of Fifty Two Thousand
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Seven Hundred Fifty Four,and 85/100 ($52,754.85) Dollars be returned to.
said Water Department Depreciation and Reserve Fund by transferring
thereto from the Water Department General Fund such sums as may be on
hand at the end of each fiscal year beginning with June 30, '1943, after
making provision from said Water Department General Fund for such capital
expe~dltures as I1i:ay be anticipated in the ensuing fiscal' year.
SEGTION~The City Clerk shall certify to the adoption of
this Resolution.
I hereby ce~tify that the foregoing Resolution was adopted
at a
ref!u]ar
meeting of the City Council of the City of
'Arcadia, held on the ~day of
July , 1942, by the affirmative
vote of at least three Councilmen, to-wit:
AYES: C,::>unci~en~ Adcock, .Jones, Leeper and Ormsby
NOES: Hone
ABSENT:' Councilman NU!jent.
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. ' City C .
Signed llnd approved this ;>",t. day of
.T" 1 }T
, 1942.
ATTEST.: . .'_.
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<07, :?9"~
. May .
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