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HomeMy WebLinkAbout1015 - Construction Account1 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. 1015. b WHEREAS, by Resolution No. 1006, regularly passed and adopted by the City Council of the City of Newport Beach, at an adjourned regular meeting thereof held on the 30th day of November, 193'B, the City Council directed and in- structed J. A. Gant, City Treasurer of the City of Newport Beach to forthwith deposit the sum of $185,780 into an account to be designated "Construction Account ", Sewer 1936" in the Bank of America, Balboa Branch, located in the City of Newport Beach in Orange County, California; and WHEREAS, the said J. A. Gant as City Treasurer of the City of Newport Beach, did, pursuant to said Resolution No. 1006, on the 12th day of December, 1936, deposit the said sum of 0185,780 into an account in the Bank of America, Balboa Branch, which said account is designated "Construction Account ", Sewer, 1936; and WHEREAS, the low bid received for the construction of the sewer project exceeded the amount set up in the application by the City of Newport Beach to the Federal Administration of Public Works by approximately $24,000; and WHEREAS, said Resolution No. 1006, as aforesaid, provided in part that any other moneys which shall be required in addition to said $185,780 to pay the costs of constructing the improvements in said Resolution No. 1006, shall be de- posited by said City Treasurer in the "Construction Account" herein mentioned; NOW, THEREFORE, BE IT RESOLVED: That J. A. Gant, City Treasurer of the City of Newport Beach, be and is hereby directed and instructed to forthwith deposit the additional suss of $27,000 into said "Construction Account" Server 1936; and BE IT FURTHER RESOLVED. That said additional moneys 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 25 2.6 -. " so deposited shall be used in accordance with the said Resolution No. 1006 and shall be expended only for such purposes as shall have been specified in a signed certificate of purposes filed with and adcepted by the Government. BE IT FURTHER RESOLVED: That a certified copy of this resolution be sent to the Federal Emergency Administration of Public Works by the Clerk of the City Council of the City of Newport Beach. 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 an adjourned regular meeting thereof held on the 11th day of January, 1937, by the following vote, to -wit: .f TEST: 28- =ti: 29 30 31 32 AYES, COUNCILMEN Gordon, Claire, Whitson, Garfield and Williamson NOES, COUNCILMEN: None ABSENT, COUNCILMEN: None -2-