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HomeMy WebLinkAbout5089 - Adopting Budget & Gas Tax Allocation for Major Streets1 2 3 4 5 6 7 [7 91 10 11 12 13 141 151 M1 171 18' 19 20 21 22 23 24 25 26 27 28! 29 30 31 321 RESOLUTION NO. 5089 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NEWPORT BEACH ADOPTING BUDGET AND APPROVING FIRST SUPPLEMENTAL MEMORANDUM OF AGREEMENT FOR EXPENDITURE OF GAS TAX ALLOCATION FOR MAJOR CITY STREETS. WHEREAS, a first supplemental memorandum of agreement has been presented to be entered into with the State of California in accordance with a project statement submitted by the City of Newport Beach for expenditure of the gas tax allocation to cities for the fiscal year 1959 -60, and WHEREAS, the city council has heard read said agreement in full and is familiar with the contents thereof; THEREFORE, be it resolved by the city council of the City of Newport Beach that said project statement be and it is hereby adopted as the budget of proposed expenditures of the gas tax allocation to cities, and said agreement be and the same is hereby approved and the mayor and the city clerk are directed to sign the same on behalf of said City, said agreement to be binding upon the City upon its execution by the authorized officials of the state. ADOPTED this 14th day of September, 1959. AYES, COUNCILMEN: Kingsley, Atkinson, Higbie, Stoddard, Hart, Lorenz, Somers NOES, COUNCILMEN: None ABSENT COUNCILMEN: None of the City o Attest: h �✓�►q av J�_nil :'r;_::::: i; t City GlexvK o4 the City Ot Newport Beach 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 September 14, 1959. Clerk of teCtyo