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HomeMy WebLinkAboutRES NO 12-42 - RE~OLUTION ~ RESOLUTION OF THE 0ITY COUNCIL OF THE CITY OF .~'$A~C~i:~'3Fi~'L~ ADOPTING BUDGET AND APPROVING MEMORANDUM OF AGREEMENT FOR EXPENDITURE OF 1/~ CENT GAS TAX ALLOCATED FOR STREETS OF MAJOR IMPORTANCE WHEREAS, ~,'mem~andum of agreement has been presented to be entered into with the State of California in accord- ance with a project statement for expenditure of the 1/4 '~ "'~ "= allocated for cent gas tax for the fiscal year streets of major importance other than State highways in WHEREAS, the city council has heard read said agree- ment in full and is familiar with the contents thereof; THEREFORE, be it resolved by the city council of the City of '~:~e~sfb~d that said project statement be and it is hereby adopted as the budget of proposed ex- penditures of the 1/~ cent gas tax allocated for streets of major importance other than State highways, and said agreement be and the 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 9-/~/~ day of k o City Oler Y I hereby certify that the foregoing resolution was duly and regularly passed by the city council of the City of b~e~'~[~e~id at a regular meeting thereof held Ol&rk of th~~'~ ?'