HomeMy WebLinkAboutRES NO 24-57 RESOLUTiON:~'N0.24-5'~.
RESOLUTION OF THE COIE.TOIL OF TE ~CITY '0F BAKERS-
FIELD AUTHORIZING THE FISCAL AGENT TO WITF~DRAW
CERTAIN FUNDS FROM T}~ SURPLUS REVE~rUE PLEAD AND
TO PAY THE SAME TO THE Tt!EASUR~ OF THE~ CI~,nrf OF
BAKERSFIELD, PURSUANT TO THE PROVISIONS OF RESO-
LUTION NO. 75-55 OF SAID COEF_'~CIL.
WHEREAS, Resolution No. '7~-55, authorizing the issuance of
City of Bakersfield 0ff-atreet Parking Revenue Bonds and of ~880,000
principal Amount of Series A Bonds, pluGrides, araong other things,
that the Fiscal Agent shall pay over to the Tzoeasu_Per of the City
of Bakersfield, as directed by resolution cf the Council,-any ov
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
'Revenue Fund to be deposited in the Off-Stroe~ Fa~ktng Construction
Fund of said City, in order to carry cut the work of extension
improvement of parking lets within the' City of Bakersfield,
NOW, T~REFORE, BE IT RESOLVED by the Council of the City
of Bakersfield, that the Fiscal Agent~ Orocker-L~glo National BarLk,
No. 1 Sansome Street, San Francisco 20, California, be and it is
hereby authorized and directed to transfer the sun of Nine Thousand
Dollars ($9,000.00) from the Surplus Revenue Fund cf said city, to
the Treasurer of the City of Bakersfleid, fop the purpose of deftdying
the cost of extending and improving certain. parking lots in said City.
BE IT FURTKER RESOLVED, tP. at the Treasv~er of the City
Bakersfield be and he is hereby directed, upon receipt of. the afo~esaid
sum of Nine Thousand Dollars ($9,000.00) from said Crocker-Anglo
National Bank, to deposit the same in .the Off-Street Parking Construc-
tion Fund Ho.. 50 .of the City .of Bake~sffeld~
t~EBY CERTIFY that tt~s ~oregoing Resolution ~as
passed and adopted by the Ceuncil'cf the City cf Bakersfield at a
regular meeting thereof held en the 13th day of May, 1957, by the
following vote:
City C"~'e~k and '..~lOffici6 Cls~k'of ~he
Couucil of the City o~. Bakersfield.