CC RESOLUTION 2971RESOLUTION NO. 2971
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
EL SEGUNDO, CALIFORNIA., CONSOLIDATING MUNICIPAL
IMPROVEMENT BONDS, 1955, INTEREST AND REDEMPTION
FUND NO. 17; PARK AND RECREATION BONDS, 1954, IN-
TEREST AND REDEMPTION FUND NO. 18; AND WATER BONDS,
1948, INTEREST AND REDEMPTION FUND NO. 19.
WHEREAS, there is a total balance of $962.50 in the Municipal
Improvement Bonds, 1955, Interest and Redemption Fund No. 17; Park and
Recreation Bonds, 1954, Interest and Redemption Fund No, 18; and Water
Bonds, 1948, Interest and Redemption Fund No. 19; and
WHEREAS, all of the bonds and interest coupons are now due
and funds are available to pay said outstanding obligations when they are
submitted for payment;
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF EL SEGUNDO,
CALIFORNIA, DOES RESOLVE AS FOLLOWS:
SECTION 1. That the City Treasurer and the Director of Finance
are authorized and directed to consolidate the Municipal Improvement Bonds,
1955, Interest and Redemption Fund No. 17; Park and Recreation Bonds, 1954,
Interest and Redemption Fund No. 18; and Water Bonds, 1948, Interest and
Redemption Fund No. 19, into a fund designated as Interest and Redemption
Fund Nos. 17, 18 and 19.
SECTION 2. 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 adop-
tion 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 19th day of February , 1980.
ATTEST: _
_"Y' /of the City of El Segundo, -Ifornia
Temporary Chairman
City Clerk
(SEAL)
•
STATE OF CALIFORNIA )
COUNTY OF LOS ANGELES ) SS
CITY OF EL SEGUNDO )
I, VALERIE A. BURROWES, , City Clerk of the
City of El 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. 2971
was duly passed and adopted by the said City Council, approved
Temporary Chairman
and signed by the of said City, and attested by the City
Clerk of said City, all at a regular meeting of the said Council
held on the 19th day of FEBRUARY 1980
and that the same was so passed and adopted by the following vote:
AYES: Councilmen Benson, Bue and Temporary
Chairman Nagel
NOES: Councilmen None
ABSENT: Mayor Balmer and Mayor pro tem Van Vranken
A
WITNESS MY HAND AND THE OFFICIAL SEAL OF SAID
CITY this 27th day of February 19 80
{ SEA L)
City Clerk of the City of E1 Segundo,
California