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HomeMy WebLinkAbout934 - 1-4 Cent Gas Tax Expenditure4 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 .^ THOMPSON ....._. AT LAW ... ANA. CALIF. RESOLUTION NO. fZ14 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 on State Highways, wherein the city of Newport Beach is referred to as the City, and the Department of Public Works of the State of California, is referred to as the Department; and WHEREAS, said agreement provides that in accordance with the provisions of Section 203 of the Streets and Highways Code, the Department shall expend or cause to be expended from the State Highway fund, an amount not less than the net revenue derived from one — quarter cent per gallon tax on motor vehicle fuel, on State highways within cities, in the proportion that the total population of each city bears to 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 agreemeitI listed and set forth; and WHEREAS, said agreement further provides for the maintenance of said projeots 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 hereby authorized and instructed to execute said Agreement on behalf of the City of Newport Beach, and that upon the execution 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 1 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 .^ THOMPSON ....._. AT LAW ... ANA. CALIF. RESOLUTION NO. fZ14 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 on State Highways, wherein the city of Newport Beach is referred to as the City, and the Department of Public Works of the State of California, is referred to as the Department; and WHEREAS, said agreement provides that in accordance with the provisions of Section 203 of the Streets and Highways Code, the Department shall expend or cause to be expended from the State Highway fund, an amount not less than the net revenue derived from one — quarter cent per gallon tax on motor vehicle fuel, on State highways within cities, in the proportion that the total population of each city bears to 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 agreemeitI listed and set forth; and WHEREAS, said agreement further provides for the maintenance of said projeots 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 hereby authorized and instructed to execute said Agreement on behalf of the City of Newport Beach, and that upon the execution 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 1 2 3 4 5 6 7I i 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 .= THOMPSON ANA. CALIF. Resolution was duly and regularly passed and adopted by the City Council of the City of Newport Beach at a regular meeting thereof held on the 6th day-'of January, 1936, by the following vote, to -wit: ty AYES, COUNCILMEN NOES, COUNCILMEN: ABSENT, COUNCILMEN: