HomeMy WebLinkAboutRESO 3544~'
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RESOLUTIOH NO.. lS'4
A RESOLU'rION DETERMINING SURPLUS AND ORDERING REDUCTION OF
CITY CONTRIBUTION AND FUND TRANSFER
FOOTHILLS ANNEXATION NO.. 2
SANITARY SEWERS -PROJECT NO. 59-lO
RESOLVED, by the Council of th~ C1ty of Palo Alto, Cal1l'orn1i1)
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1 WHEREAS, after the completion of all acquie1t1ons and improve-
11 menta 1n P>:'Ooeedings conducted pursuant to Resol•~tion of Intention ~ , I No. 3230, adopted June 27, 19oO, and the payment of all expenses
!incidental thereto, there ts a surplus 1n the Improvement Fund 1n
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the total amount of fp:?O, 14 l .. n.;;
WHEREAS, the City contributed t'rom the Sewer Fund the total
/amount o: $23,,474.71 to said project;
'! NOW, THE:R~FORE,, IT IS ORDERED as follows:
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l. That there is a surplus 1n the Improvement Fund for said
I/ project, after the completion or all acquisitions and improvements
ii and the payment of all expenses incidental thereto, in the total
1lamount of $20,l~l.77... I
II 2. That the public interest, convenience and necessity requ1r;
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ithe reduction of aa1d City contr1but1on by the amount of said sur-I
1 plus, 1;o wit: $20, Jfl. 77 •. and said reduction 1s he>:'eby or<le!'ed. I
I 3. That the amount of said surplus be, and it 1a hereby,
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ordered transferred to the Sewer Fund of the City.
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I hereby certify that the foregoing is a full, true and oorrec
copy of a resolution duly passed and adopted by the City Council or
the City or Palo Alto, California, at a meeting thereof held on the
Z3rd day of Julx / 1962, by the following vote of the members thereof.
AYES, and 1n favor thereof,. Councilmen:
Arnold, Bishop, Byxbee, Cresap, Debs, Dias, Haight. Marshall,
Porter, Rodgers, Rohrs, Rua, Stephens, Woodward. NOES, Counc·11men: None.
ABSENT,
Alto