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HomeMy WebLinkAbout5248 - Adopting Budget & Gas Tax Allocation for Major Streets• RESOLUTION NO. op Md RESOLUTION OF THE CITY COUNCIL OF THE CITY OF MIPORT BEACH ADOPTING BUDGET AND APPROVING MEMORANDUM OF AGREEMENT FOR EXPENDITURE OF GAS TAX ALLOCATION FOR MAJOR CITY STREETS. WHEREAS, a memorandum of agreement has been presented to be entered into with the State of project statement submitted by for expenditure of the gas tax fiscal year 1960 -61, and WHEREAS, the city council full and is familiar with the California in accordance with a the City of Newport Beach allocation to cities for the has :ieard read said agreement in :ontents 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 3 ft day of )IL-..p_ , 19 60 . a-� a'a daac vi vy va. Newport Beach Attest: 0.— 9.a-u3 Z`i��ler o e y Of Newport Beach -''II hereby certify that the foregoing resolution was duly and regularly passed by the city council, of the City of Newporat Beach at�a regular meeting thereof held /tic. , 60 _ 'y Of Newport Beach