HomeMy WebLinkAbout935 - 1-4 Cent Gas Tax Expenditure1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
RESOLUTION NO. QJ��
WHEREAS, there has this day been presented to the
City Council of the City of Newport beach a certain Agreement
for expenditure of 1/4 cent Gas Tax Funds upon streets of
major importance other than State Highways, wherein the City
of Newport Beach is referred to as the City, and the Depart-
ment of Public Works of the State of California is referred
to as the Department; and
WHEREAS, said Agreement provides that in accordance
with provisions of Section 194 and Section 195 of the Streets
and Highways Code, the Department shall expend or cause to be
expended within the cities of this State from the State
Highway Fund an amount equal to the net revenue derived from
1/4 cent per gallon of tax on motor vehicle fuel upon streets
of major importance other than State Highways, as are agreed
upon by the Department and the Legislative Body of the City
in the proportions that the total population of each city
bears the total population of all cities in this State; and
WHEREAS, said agreement further provides for the
projects and estimated expenditures therefor, as in said agree-
ment listed and set forth; and
WHEREAS, said agreement further provides for the
maintenance of said projects therein described, and
WHEREAS, the City Council of the city of Newport
Beach deems that it is for the benefit and best interests of
said City that said agreement be entered into.
NOW, THEREFORE, BE IT RESOLVED: That the Mayor and
City Clerk of the City of Newport Beach be, and they are here-
by authorized and instructed to exefute said Agreement on
1
2
3
4
5
6
7
8
9
10
11
behalf of the City of Newport Beach, and that upon the exe-
cution of the same, that the City Clerk return the original
and one copy thereof to the State.
I hereby certify that the above and foregoing
Resolution was duly and regularly passed and adopted by
the City Council of the City of Newport Beach at a regular
adjourned meeting thereof held on the day of January,
12 1936, by the following vote, to -wit:
13
14
15
16
17
18
19
20
21 A E-ST:
22
23 -
.. 24,A, ✓�'f'
25
26
27
28
29
30
31
32
a
City
NOES, COMACILivMN•
ABSYNIT, COUNCIL NEN: p