CC RESOLUTION 2968RESOLUTION NO. 2968
• A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF EL SEGUNDO, CALIFORNIA,, TRANSFERRING MONEY
BETWEEN FUNDS. (FUND NO. 19)
WHEREAS, Water Bonds, 1948, Interest and Redemption Fund No. 19
was established for the purpose of paying interest and redeeming bonds for
• a $950,000.00 bond issue which was voted upon by the people of the City of
E1 Segundo on December 14, 1948; and
WHEREAS, there is a present balance of $12,045.68 in Water Bonds,
1948, Interest and Redemption Fund No. 19; and
WHEREAS, all outstanding bonds and interest coupons due from
Water Bonds, 1948, Interest and Redemption Fund No. 19 have been paid except
for interest coupons amounting to $463.75; and
WHEREAS, the City Council desires to transfer to the General Fund
all except $463.75 of the money from the Water Bonds, 1948, Interest and
Redemption Fund No. 19;
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF EL SEGUNDO,
CALIFORNIA, DOES RESOLVE AS FOLLOWS:
SECTION 1. That there is hereby transferred from the Water Bonds,
1948, Interest and Redemption Fund No. 19 to the General Fund all moneys on
hand in the Water Bonds, 1948, Interest and Redemption Fund No, 19 in excess
of $463.75.
SECTION 2. That the City Clerk shall certify to the passage and
adoption of this resolution; shall enter the same in the book of original
resolutions of said city; and shall make a minute of the passage and adoption
thereof in the records of the proceedings of the City Council of said city,
in the minutes of the meeting at which the same is passed and adopted.
PASSED, APPROVED AND ADOPTED this 5th day of February , 1980,
Mayor of the City of El Segundo, Cali-fornia.
ATTEST:
City Clerk
(SEAL)
0
•
STATE: OF CALIFORNIA )
COUNTY OF LOS ANGELES ) SS
CITY OF EL SEGUNDO )
•
I VALERIE A. BURROWES 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. 2968
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 5th day of February -'19 80
and that the same was so passed and adopted by the following vote:
AYES: Councilmen _ Bensons Bue, Nagel, Van Vranken
and Mayor Balmer
NOES: Councilmen None
ABSENT: Councilmen None
WITNESS MY HAND AND THE OFFICIAL SEAL OF SAID
CITY thils7. 11th day of February 19 80
City Clerk of the City of El Segundo,
California
(SEAL)
•