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HomeMy WebLinkAboutRESO 3464R ESO LUTIO N NO. 3464 RES OLUTION OF T HE CITY C OUNCI L OF TH E CITY OF PA LO ALT O ADOPTING BUDG ET P ROPOSAL FOR EXPENDITURE OF FU NDS ALLOCATE D UND ER S ECTIO N 2107.5 OF THE STREETS AND HIGHWAYS CODE WHEREAS, a Mast er Ag re ement has bee n pr es ent ed to be entered into be twe en the State of Calif ornia and the. City of P al o Alt o f or the expenditu re of the Engin eerin g Allocation to Cities; a nd WHEREA S, the City Council has he ard re ad said Agr eement in full and is fa milia r with the contents the reof; and WHEREAS, a budge t pr oposal for the expenditure of funds allocated unde r Sec tio n 2107. 5 of the Stre ets and Highways Code f or the fiscal ye ar endi ng June 30, 1963, ha s be en prepare d for presentation to th e State of C alifornia; NOW, THEREF ORE, BE IT RESOLVED by the City Cou ncil of th e City of Palo Alto that said budget pro posa l be and it is hereby adopted as the b udget of pro posed expenditures of the En gineering Allo catio n to Cities, and said budget propo sal be and the same is hereby approved and the Ma yor is directed to sign the same on beha lf of said City, sa id budget pro po sal to be binding upon the City upo n its approva l by the autho rized officials of the State. ADOPTE D the 8th day of Janua ry, 1962 by u nan imous o ice\vote. / ter--- I II f Ma yor of the City of Pa lo A lto ATTEST: j ti�„ City Clerk f the City of P alo A lto I hereby certify that the forego ing re so lution was duly an d regu larly passe d by the City Co uncil of the City of Palo A lto at a re gular meeting thereof held on Janua ry 8, 1962. ty Cler k f the City of Pa lo Alto