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CC RESOLUTION 23241.0777 RESOLUTION NO. 2324 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF EL SEGUNDO, CALIFORNIA, ACCEPTING ALLOCATION OF TOPICS HIGHWAY FUNDS AND ELECTING ACTION IT INTENDS TO TAKE FOR USING THESE FUNDS. WHEREAS, the E1 Segundo City Council has been informed that allocation of TOPICS highway funds for fiscal years 1969 -70 and 1970 -71 has been made to the City of E1 Segundo as follows: 1969 -70 $23,296 1970 -71 $22,203; and WHEREAS, the City Council has been informed further that it must indicate to the California Department of Public Works on or before July 31, 1970 which option for use of funds it wishes to exercise; and WHEREAS, the City of E1 Segundo is considering the use of a portion of the available funds for preparation of a comprehensive traffic analysis and study; and WHEREAS, the individual yearly allocations are not large enough to finance any substantive construction programs. NOW, THEREFORE, BE IT RESOLVED, THAT THE CITY COUNCIL OF THE CITY OF EL SEGUNDO, CALIFORNIA, does hereby advise the California Department of Public Works that it wishes to exercise a combination of Options A and B under the rules regarding use of TOPICS funds, more particularly a portion of the funds will be used for preparation of a traffic analysis and study and the balance will be accumulated and combined with later fiscal years' apportion- ments for use in financing a more substantive program. PASSED, APPROVED and ADOPTED ,h4 25th Aay Mayor of the City .C2t;1 California. A EST : City Clerk SEAL May , 1970. .. STATE OF CALIFORNIA, ) COUNTY OF LOS ANGELES, ) SS CITY OF EL SEGUNDO. ) I, JANE D. HOUGH, City Clerk of the City of E1 Segundo, California, DO HEREBY CERTIFY that the whole number of members of the City Council of the said City is five; that the foregoing Resolution, being Resolution No. 2324 was duly passed and adopted by the said City Council, approved and signed by the Mayor of said City, and attested by the City Clerk of said City, all at a regular meeting of the said Council held on the 25th day of June t970 and that the same was so passed and adopted by the following vote: AYES: Councilmen Balmer, Frederick, McGill, Naael and Mayor Stephens; NOES: Councilmen None; ABSENT: Councilmen None. WITNESS my hand and the official seal of said City this 5th day of June . 197 City Clerk of e City of egun o California (SEAL)