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CC RESOLUTION 40RESOLUTION NO. 40 A RESOLUTION OF THE BOARD OF TRUSTEES OF THE CITY OF EL SEGUNDO, CALIFORNIA, DETERMINING THAT THE PUBLIC INTEREST AND NECESSITY DEMAND AND REQUIRE THE ACQUISITION, CONSTRUCTION AND COM- PLETION OF A CERTAIN MUNICIPAL IMPROVEMENT, NAMELY, A PUBLIC BUILDING, TO -WIT: A PUBLIC ASSEMBLY HALL, AT AN ESUIQAT_ED COST OF T- ENTY- FIVE THOUSAND DOLLARS ($25,000.00); THAT THE SAID MUNICIPAL IMPROVEMENT IS NECESSARY AND CONVENIENT TO CARRY OUT THE OBJECTS, PURPOSES AND POVIERS OF SAID CITY OF EL SEGUNDO; THAT THE COST THEREOF IS AND WILL BE TOO GREAT TO BE PAID OUT OF THE ORDINARY ANNUAL INCOME AND REVENUE OF SAID CITY. BE IT RESSOLVED RESOLVED AND DETERMINED by the Board of Trustees of the City of E1 Segundo,C alifornia, as follows: a CTION 1. That the public interest and necessity demand the acquisition, construction and completion, by said city of E1 Segundo, of a certain municipal improvement, namely: a public building, towwit: a public assembly hall. SECTION 2. That said municipal improvement is necessary and convenient to carry out the objects, purposes and powers of said City of E1 Segundo. -1- SECTION 3. The estimated cost of said proposed municipal improvement is the sum of Twenty -five Thousand Dollars ($25,000.00), and that such cost is and will be too great to be paid out of the ordinary annual income and revenue of said City. SECTION 4. she City Clerk shall attest this resolution; shall certify to the passage and adoption thereof by a vote of two- thirds of all of the members of the Board of Trustees of said City of El Segundo; shall cause the same, together with his said certificate, to be entered in the Book of Resolutions of said City, and shall make a minute of the passage and adoption thereof in the minutes of the meeting at which the same is passed and adopted. Passed, approved and adopted this lst day of March, A. D. 1922. j� �� President of the Board of 4ustees of the City of E1 Segundo, California. ATTEST: V (SEAL) 2. STATE OF CALIFORNIA COUNTY OF LOS ANGELES ) SS CITY OF EL S :GUNDO ) I, VICTOR D. MCCARTHY, City Clerk of the City of E1 Segundo, California, do hereby certify that the Board of Trustees of the City of E1 Segundo, California, is composed of five trustees, said five trustees being all of the members of the legislative branch of the government of the said City, and that the foregoing resolution, being Resolution No. 40 , was passed and adopted by the vote of two - thirds of all of the members of the slid Board of Trustees at its meeting held on the let day of March , A. D. 19229 by the following vote: AYES: TRUSTEES: Binder, Davis, Rueger, & Bryson. NOES: RUSTEES: None. ABSEPT: TRUSTEES: Smiley. (SEAL) City Clerk of the"� y 3. California.