HomeMy WebLinkAboutRES NO 77-66 WEEEEA~ Resolution No, 75-55 au~horizing the i~suance
of City of Bakersfield Off~S~reet Parking ~evenue Bonds provides
in Section 5°08 'gooo ~he Fiscal Agent shall set asideo or pay over
to the Treasurer of the Ci~y~ as directed by a resolution of the
Council~ any or all moneys in the Surplus ~evenue Fund, ooo only
for any one or more of ~he following purposemg ooo ~e} To be
t~ansfer~ed to the Cemeral Fund oE the City ~o be u~ed for any
' law~al purpose ~ ~ o, ~ and
W~Sp Sec~ion 5008 provides ~t the ~o~ So trams
feared frMmoney deposited ~ the Su~lus ~evenue F~d in any one
fiscal year s~ll no~ exceed ~he aggregate of ~he Pledged Net
Parking Me~er R~enues deposited in ~he Eevenue F~d during such
fiscal yearo and
I~~$~ the aggregate of the Pledged Ne~ Parking Me~er
Revenues deposi~ed in the ~evenue Fund during the fimcal year up
~o and including the 3ls~ day of Octobe=~ 1966
N~ ~EO~ BE XT [$OL~D by the Co~cil of she City
of Bake~sfield t~t ~he Fiscal Agen~ 8=ocker~Citizens National
Bank~ No~ 1 Montgome~ S~ree~ San Francisco 20D Califo~ia~ be and
is hereby authorized and directed ~o transfer $250.00 from the
Su~lus Revenue F~d ~o ~he Treasurer of ~he. Ci~y of Bakersfield
and the Treas~er is hereby directed ~o place said ~o~t in the
C~ne~al Fund of the City of Bakersfield~
......... o0o .........
AYES.. COUNCILMEN BALFANZ, DOOLIN, HOSI(ING, PARK, RI3CKER, STIERN, WHITI'EMOREo
NOES~ COUNCILMEN..
ABSENT COUNC~LMEN~
ABSTAINING COUNCIL~EN~ .