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HomeMy WebLinkAboutRESO 3495" iUTION NO. 3495 ! t RESOLu—LON OF THE CITY COUNCIL 0i, .a me of PALO AITO ADOPTING BUDGET FOR EXPENDITURE OF FUNDS ALLOCATED FROM THE STATE HIGHWAY FUND TO CITIES WHEREAS, a master agreement has been exec uted by the City of Palo Alto , he reinafter referred to as the city, a nd the State Department of Public Works, Divisi on of Highways, hereinafter referr ed to as the department, on March 13 , 1961, for expenditure of state allocated funds; an d, WHEREAS, a project statemen t has been prepared and was submitted to the depa rtment on Marsh 28 , 19 62 sh owing the estimated xpe ditur ee of auoh fu nds recomme nded Tom e made during the 1902 - fiscal year; and, WHEREAS, a budget, approve d by the department on Ap ril 4 1962,_has been presented to the city council in accordance with the project statemen t su bmitted by the city; and, WHEREAS, the oity coun cil has hear d read said budget, as approved by the departmen t, and is familiar with the contents thereof; THEREFORE, be it resolved by the city council of the City of Palo Alto that eaid budget be en d is her eby adopted as the bu dget of ex penditures r ecommended to be made fro m such funds du ring the 19A2L-Ai2L fiscal year. ADOPTED this 23r d day of A pr i , 1162. Mayor of the City of i'al4lj►lto I hereby certify that the foregoing resolutio n was duly and r egular ly passed by the city cou ncil of the City of Palo Alto at a r egular mee ting thereof held Apr i123 Cler k o Fo rm MC -10 (3-61) City of Palo Alto , 1962. i