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HomeMy WebLinkAbout1197 RESOLUTION NO.1l97 RESOLU~~ION OF THE CITY COUNCIL OF THE CITY OF ARCADIA APPROVING MEMORANDUM OF AGREEMENT FOR ACCUMULATION OF 1/4 CENT GAS TAX ALLOCATED FOR STREETS OF MAJOR IMPORTANCE. THE CITY COUNCIL OF 'rHE CITY OF ARCADIA DOES RESOLVE AS FOLLOWS: SECTION 1. WHEREAS, a memorandum of agreement has been preaented to be entered into with the State of California for accu~ mu1ation of the 1/4 cent gas tax fOl' the fiscal year 1943 allocat- ed for atreets of major importance other than State highways in the City of Arcadia; and ~HEREAS, the City Council has heard read said agreement in full and ia familiar with the contents thereof; THEREFORE, be it resolved by the City Council of the CHy 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 importance other than State highways be accumulated for future expenditure, and. that said agreement be and the same is hereby appro- ved, and the Mayor and the City 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. SECTION~ The City Clerk shall certify to the adoption of this Resolution. I hereby certify that the foregoing Resolution was adopted at Q regular meeting of the City Council of the City of Arcadia, held on the 4th day of August, 1942, by the affirmative vote of at least three Councilmen, to-wit: AYES: Councilmen Adcock, NOES: None ABSENT: None Jones, Leeper, Nugent and Ormsby. UH-L. ~,~~ City C~ Signed .and approved this 4th day of August, 1942. ATTEST: rm.#~ May I' LA~kd: ~ - CyCler {