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HomeMy WebLinkAboutRES NO 4-52RESOLUTION NO. ~ - [~ A RESOLUTION OF THE CITY COUNCIL ORDERING THE TRANSFER OF MONEYS FROM PUBLIC IMPROVE- MENT DISTRICT N0. 631 BOND REDEMPTION FUND TO THE GENERAL FUND OF THE CITY. WHEREAS, it appears from the Certificate of the City Treasurer and Tax Collector, dated December gL~ , 1951, filed with this Council, that there remains in Public Improvement District No. 631 Bond Redemption Fund the sum of $88.66, and WHEREAS, it further appears from said certificate of the City Treasurer and Tax Collector that all bonds issued in said Public Improvement District No. 631 and interest thereon have been paid and that there are no charges outstanding against said fund, and WHEREAS, this Council does hereby find and determine that the_ costs incurred by the City of Bakersfield under the provisions of the Improvement Bond Act of 1915' in said proceedings, less any mount which said City has heretofore been' reimbursed, exceed the aforesaid sum of $88.66, and that said sum should be paid into the General Fund of the City. NOW, THEREFORE, BE IT RESOLVED, that this Council does hereby order that the aforesaid sum of $88.66 now remaining in Public Improvement District No. 631 Bond Redemption Fund be paid into the General Fund of the City of Bakersfield. I HEREBY CERTIFY that the foregoing Resolution was passed and adopted by the Council of the City of Bakersfield at a regular meeting thereof held on the 2nd day of January, 1952, by the following vote: AYF..S: CAr, NA:~IS .... SAUNDERS, SHURLEy, SULLIVAN, VANDERLEI, VEST NOES: ~. ABSENT: .......... City Cier~ md Ex~0fficio 'Clerk of the Council of the City of Bakersfield. APPRO~d~yl~o~f January, 1951. MAYOR of the City of Bakersfield. CERTIFICATE OF TREASURER I, WALTER W. SMITH, City Treasurer and Tax Collector of the City of Bakersfield, California, do hereby certify that there is remaining in Public Improvement District No. 631 Bond Redemp- tion Fund, the sum of $88.66; that said Bond Redemption Fund was established pursuant to the Improvement Bond Act of 1915, being Division lO of the Streets and Highways Code of the State of California, for the purpose of paying the bonds and interest due thereon, which bonds were issued in said proceedings, and that all of said bonds, together with interest thereon, have been"i'paid and there are no further cha~ges against said Fund. I further certify that according to the files and records of the proceedings in the aforesaid Public Improvement District No. 631, the costs and expenses incurred by the City in said reimbursed, exceed the aforessid 8 a aid sum should be transferred to the General Fund of the City for the purpose of reimbursing said City for said costs and expenses. Dated at Bakersfield, California, this ~/~ day of December, 1951. City Treasurer and Tax Collector.