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HomeMy WebLinkAbout2351 - 1-4 Cent Gas Tax AllocationRESOLUTION NO. RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NEWPORT BEACH APPROVING MEMORANDUM OF AGREEMENT FOR EXPENDITURE OF 1/4 CENT GAS TAX ALLOCATED FOR STREETS OF ti:AJOR IMPORTANCE WHEREAS, the State of California, through its Depart- ment of Public 'Viorks, Division of Highways, has presented a memorandum of agreement in accordance with a project statement submitted by the City for expenditure of the 1/4 cent gas tax for the fiscal year 1942 allocated for streets of major importance other than State highways in the City of Newport Beach, and WHEREAS, the City Council has heard read said agree- ment in full and is familiar with the contents thereof, and desires to approve the same; THEREFORE, be it resolved by the City Council of the City of Newport Beach that said agreement for ex- penditure of 1/4 cent gas tax allocated for streets of major importance other than State highways be and the same is hereby approved and the Mayor and City Clerk are directed to sign the same on behalf of said City. ADOPTED this 7th day of uly, 1 Attest: • I hereby certify that the foregoing resolution was duly and regularly passed by the City Council of the City _ of Newport Beach at a regular meeting thereof held July 7, 1941. Clerk of the Citv of Newport Beach