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.J' �'. <br />THS'aem <br />7/2 /67 (12) <br />1'. <br />2 <br />3 <br />4 <br />5 <br />6 <br />7 <br />8 <br />9 <br />10 <br />11 <br />12 <br />13 <br />14 <br />15 <br />16 <br />17 <br />18 <br />19 <br />20 <br />21 <br />22 <br />23 <br />24 <br />25 <br />26 <br />27 <br />28 <br />29 <br />3C <br />31 <br />32 <br />RESOLUTION NO, 6612 <br />A RESOLUTION CF Ta CITY COUNCIL OF THE CITY OF <br />NEWPORT BEACH ADOPTING AND SUBMITTING A SUPPLE <br />MENTAL BUDGET PROPOSAL AND PROJECT.STATEMENT.FOR <br />EXkENDITURE OF,'FUNDS_ALLOCATED.PROM.THE STATE <br />HIGHC -]AY FUND TO .CITIES <br />WHEREAS, a master agreement dated March 27, 1961, for the <br />budgeting and expenditure of funds allocated from the State Highway <br />Fund to Cities has been entered into by the City of Newport Beach, <br />hereinafter referred to as the City, and the State Department of <br />Public Works, Division of Highways, hereinafter referred to as the <br />Department; and <br />G]HEREAS, by Resolution No. 6565 a budget proposal and <br />project statement showing estimated expenditures of such funds <br />recommended to be made during the 1967 -68 fiscal year was adopted <br />on May 22, 1967, which it is now necessary to supplement; and <br />WHEREAS, the City Public Works Director has prepared a <br />supplemental budget proposal, dated July 18, 1967; and a project <br />statement designated as 'Project Statement, Proposed Improvement of <br />Select City Streets, Select System Project 68" for the improvement <br />of 32nd Street from Balboa Boulevard to Newport Boulevard, showing <br />revised estimated expenditures of such funds to be made during the <br />1967 -68 fiscal year; and <br />WHEREAS, the City Council has heard read said supplemen- <br />tal budges: proposal and project statement and is familiar with the <br />contents thereof; <br />NOW, THEREFORE, BE IT RESOLVED by the City Council of <br />the City of Newport Beach that said supplemental budget proposal <br />and project statement are hereby approved and adopted as an addi- <br />tion to previously approved budgeted funds of the gas tax allocat <br />to cities, and the Public Works Director is directed to sign the <br />budget proposal on behalf of said City and submit it and the <br />project statement to the Department of Public Works, State of <br />