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HomeMy WebLinkAboutRESO 3120ORIGINAL RESOLUTION NO. 3120 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PALO AVP0 APPROVING MEMORANDUM Ok AGREEMENT FOR ACCUMULATION OF THE GAS TAX ALLOCATION TO CITIES WHEREAS, a memorandum of agreement has been presented to be entered into with the State of California for accumulation of the gas tax allocation to cities for the fiscal year 1960 in the City of Palo Alto ,• and WHEREAS, the city council has heard read said agreement in full and is familiar with the contents thereof; THEREFORE, be it resolved by the city council of the City of Palo Alto that, under the provisions of Section 200 of the Streets and Highways Code, the gas tax allocated for major city streets be accumulated for future expenditure, and that said agreement be and tI same is hereby approved, 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. ADOPTED this 27th day of Attest: the Ciby of Palo Alto July , 19 59. I hereby certify that the foregoing resolution was duly and regularly passed by the city council of the City of Palo Alto at a regular meeting thereof held July 27, 1959. ty of Palo Alto Clerk o