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HomeMy WebLinkAbout5195 - Budget Proposali RESOLUTION NO. 5195 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NEWPORT BEACH ADOPTING BUDGET PROPOSAL FOR EXPENDITURE OF FUNDS ALLOCATED UNDER SECTION 2107.5 OF THE STREETS AND HIGHWAYS CODE WHEREAS, a master agreement has been (executed) between the State of California (cross out inapplicable phrase) and the City of Newport Beach for the expenditure of the engineering allocation to cities, 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 budget proposal be and is hereby adopted as the budget of proposed expendi- tures of the engineering allocation to cities, and said budget proposal be and the same is hereby approved and the mayor and /or the city clerk are directed to sign the same on behalf of said city, said budget proposal to be binding upon the city upon its approval by the authorized officials of the State. ADOPTED this 28th Attest: -_ T of 1960. 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 March--2--8 ,19 60 . C erk of the Cilty Of Newport Beach