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HomeMy WebLinkAboutRES NO 16-40RESOLUTION "- 16-40 UTION OF THE ,CITY. COUNCIL DF THE CITY OF }]~"QZ~tcN~%Fi~-D ADOPTING BUDGET AND APPROVING /MEMORANDUM OF A~RE~T FOR E~DI~RE OF 1/4 CENT GAS TAX ALLOCATED FOR STREETS OF MAJOR IMPORTANCE WHEREAS, a memorandum of agreement has been presented to be enter. ed into with the State of California in accord- ance with a project statement for expenditure of the 1/~ cent gas tax for the fiscal year ~%-'5'~.L allocated for streets of major importance other than State highways in .the City of Bedsfield ; and 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 ~he City of ~iakea~efleld that said project statement be and it is hereby adopted as the budget of proposed ex- penditures of the 1/4 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. Attest: City t P I hereby certify that the foregoing resolution was duly and regularly passed by the city council of the City of ~un~f~eld ~regular me~ting thereof held ~ /~ , ~i<.i ' Olerk of the~/e MO-IO