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HomeMy WebLinkAbout3052 - 1-4 Cent Gas TaxrJ 1 2 3 4 51 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 140o RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NEWPORT BEACH APPROVING T..MS ORAPTDUM OF AGREEMENT FOR ACCUMULATION OF 1/4 CENT GAS TAX ALLOCOVED FOR STREETS OF MAJOR IMPORTANCE THEREAS, a memorandum of agreement has been presented to be entered into with the State of California for accumulation of the 1/4 cent gas tax for the fiscal year 1945 allocated for streets of major importance other than State highways in the City of Newport Beach; and 47HEREAS, the City Council has heard read said agreement in full and is familiar with tho contents thereof; THEREFORE, BE IT RESOLVED by the City Council of the City of Newport Beach that, under the provisions of Section 200 of the Streets and Highways Code, the 1/4 cent gas tax allocated for streets of major importance other than State highways be accumulated for future expenditure, and that 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 ATTEST: day of Wa , 1944, Newport Beach a City Clark of the City of 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 , 1944, of the City of Newport Beach