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CC RESOLUTION 43w r„ RESOLUTION 110. 43. A RESOLUTION OF THE BOARD OF TRUSTEES OF THE CITY OF EL SEGUNDO, CALIFORNIA, DE- TERNiINING THAT THE PUBLIC INTEREST AIM NEC- ESSITY DEMAND THE ACQUISITION, CONSTRUCTION AND COMPLETION BY SAID CITY OF A CERTAIN REVENUE- PRODUCING 1SUNICIPAL IMPROVEMENT, TO- PIT: WATER oJORKS FOR SUPPLYING SAID CITY AND I'M INHABITAl, -3 iJITN. MATER, INCLUDING THE ACQUISITION OF LAUDS 14ECESSARY '2HE iEFOR, AT AN ESTII&ITED COST OF 1490 HUNDRED THOUSAND DOLLARS; THAT SAID MUNICIPAL II.,''PROVE1ZNT IS NECESSARY AND CONVENIENT TO CARRY OUT THE OBJECTS, PURPOSES AND MIERS OF SAID CITY OF EL SEGUNDO; THAT THE COST THEREOF IS AND WILL BE T00 GREAT TO BE PAID OUT OF THE ORDINARY ANNUAL INCOME AID REVENUE OF SAID CITY. BE IT RESOLVED AND DETE III1ED, by the Board of Trustees of the City of E1 Segundo, California, as follows: SECTION 1. That the public interest and neces- sity demand the acquisition, construction and completion, by said City of E1 Segundo, of a certain revenue - producing municipal improvement, to -wit, water works for supplying said city and its inhabitants with water, including the acquisition of lands necessary therefor. 1. SECTION 2. That said municipal improvement is necessary and convenient to carry out the objects, purposes and powers of said City of E1 Segundo. SECTION 3. That the estimated cost of said pro- posed municipal improvement is the sum of Two Hundred Thousand Dollars (,'?'200,000.00), 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 40 That the City Clerk Pro -tem of said city shall attest this resolution; shall certify to the passage and adoption thereof and the vote thereon; 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 and adopted by the Board of Trustees of the City of E1 Segundo, California, at the regular meeting of said Board held on 'Nednesday the 5th day of July, 1922. ( YN 04 / _ //-() /-]�) President of the Board`of Trustees of the City of E1 Segundo, Cali- fornia, and the executive of said municipality. ATTEST: City Clerk Pro -lem of the City of E1 Segundo, California. 2. 1 STATE OF CALIFORNIA ) COUNTY OF LOS ANGELES CITY 01, EL SEGUNDO SS I, RICHARD F. DAVIS, City Clerk Pro -Tem of the City of El Segundo, California, do hereby certify that the whole number of members of the Board of Trustees of the said City of E1 Segundo is five (5); that the fore- going resolution, being Resolution No. 43, was duly passed and adopted by said Board of Trustees, signed by the Pres- ident of said Board and attested by the City Clerk of said City, all at a regular meeting of the said Board held on Tednesday, the 5th day of July, 1922, and that the same was passed by a vote of more than two- thirds of all of the members of said Board of Trustees, the vote on the passage and adoption of said resolution being as follors: AYES: TRUSTEES: Davis, Reuger, Smiley and Bryson. NOES: TRUSTEES: None. ABSENT: TRUSTEES: Binder, (SEAL) City Clerk Pro-Tom of the City of E1 Segundo, California. 3. r. r M