HomeMy WebLinkAboutRES NO 53-57RESOLUTION OF THE COUNCIL OF THE CITY OF BAKERS-
FIELD AUTHORIZING' THE FISCAL AGENT TO WITHDRAW
CERTAIN FUNDS FROM T~ SURPLUS REVENUE FUND AND
TO PAY THE SAME TO THE TREASURER OF THE CITY OF
BAKERSFIELD, PURSUANT TO THE PROVISIONS OF RESO-
LUTION NO. 75-55 OF SAID COUNCIL.
WHEREAS, Resolution No. 75-55, authorizing the issuance of
City of Bakersfield Off-Street Parking Revenue Bonds and of $880,000
Principal Amount of Series A Bonds, provides, among other things,
that the Fiscal Agent shall pay over to the Treasurer of the City
of Bakersfield, as directed by resolution of the CounCil, any or
all moneys in the Surplus'Revenue Fund, and
WHEREAS, the Council of the City of BakerSfield finds it
necessary to effect a transfer of certain funds from said Surplus
Revenue FUnd+to be deposited in the Off-Street Parking Construction
Fund of said City, in order to balance a deficitin said fund.
NOW, THEREFORE, BE IT RESOLVED by the Council of the City
of Bakersfield, that the Fiscal Agent, Crocker-Anglo National B~nk,
No. i Sansome Street, San Francisco 20, California, be and it is
hereby authorized and directed to .transfer the sum of Seven Thousand
One Hundred Thirty Eight and 37/100 Dollars ($7,138.37) from the
Surplus Revenue Fund of said City, to the Troasurer of the City of
Bakersfield, for the purpose of balancLng'a deficit in the Off-Street
Parking Construction Fund of said City.
BE IT FURTHER RESOLVED, that the Treasuror of the City of
Bakersfield be and he is hereby directed, upon recoipt of the aforosaid
sum of Seve~ Thousand One Hundred Thirty Eight a~d 37/100 Dollars
($7,138-37) from said Crocker-Anglo National Bank, to deposit the
same in the Off-Street Parking Construction Fund NQ.' 50 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 7th day,of 0ctober~ 1957, by the following
vote:
C~.~ .... ~ ~0. h~.~._~.,J_
City I and Ex-Officio Clerk of the
Council of the City. of Bakersfield.
APPROVED,' this. ~Tth od_~tlx October, 1957
'MAYOR o~ the '.City of Bakersfield.