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HomeMy WebLinkAboutRES NO 2-52RESOLUTION NO. ~-~ ARESOLUTION OF THE CITY COUNCIL ORDERING THE TRANSFER OF MONEYS FROM PUBLIC IMPROVEMENT DISTRICT N0. 503 REASSESSMENT 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 2~ , 1951, filed with this Council, that there remains in Public Improvement District No. 503 Reassessment Bond Redemption Fund the sum of $345.00, and WPIEREAS, it further appears from said certificate of the City Treasurer and Tax Collector that all bonds issued in said Public Improvement District No. 503 Reassessment 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 amount which said City has heretofore been reimbursed, exceed the aforesaid sum of $345-00, 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 $345.00 now remaining in Public Improvement District No. 503 Reassessment Bond Redemption Fund be paid into the General Fund of the City of Bakersfield. -o0o ....... 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: AYES: CARNAKIS ..... '_ SAUNDERS, SHURLEY, SULLIVAN, VANDERLEI, VEST NOES: .............. Council of the City of Bakersfield. APPROVED t is 2nd ~~2. 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. 503 Reassessment Bond Redemption Fund, the sum of $345.00; that said Reassessment Bond Redemption Fund was established pursuant to ~he 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 proceeding, and that all of said bonds, together with interest thereon, have been paid and there are no further charges against said Fund. I further certify that according to the files and records of the proceedings in the aforesaid Public Improvement District No. 503 Reassessment, the costs and expenses incurred by the City in said proceedings less any an ount which said City heretofore has been reimbursed, exceed the aforesaid sum of $345.00 md that said sum should be transferred to the Generals Fund of t~ 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.