CC RESOLUTION 2981� 0
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RESOLUTION NO. 2981
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF EL SEGUNDO, CALIFORNIA, ESTABLISHING A
COMPREHENSIVE EMPLOYMENT AND TRAINING ACT
OF 1973 CONTINGENCY RESERVE AND REVOLVING
FUND.
THE CITY COUNCIL OF 'THE CITY OF EL SEGUNDO, CALIFORNIA,
DOES RESOLVE AS FOLLOWS:
SECTION 1. There is hereby established a COMPREHENSIVE
EMPLOYMENT AND TRAINING ACT OF 1973 CONTINGENCY RESERVE AND
REVOLVING FUND which shall be referred to as the CETA FUND.
SECTION 2. The Director of Finance is directed to
establish the Fund referred to in Section 1 hereof.
SECTION 3. Expenditures may be made to pay salaries,
benefits and other charges permitted by the Comprehensive Employ-
ment and Training Act.
SECTION 4. Money in the Fund referred to in Section 1
hereof may be transferred to repay advances from other funds.
SECTION 5. Money in the Fund referred to in Section 1
hereof may be transferred to any other fund to which such money
can legally be transferred by a resolution adopted by a majority
vote of the City Council.
SECTION 6. In addition to appropriations by the City
Council any payments received by the City to carry out the CETA
Program shall be deposited in this Fund.
SECTION 7. The City Council shall at the time of the
adoption of the annual budget and at other times as the Council
deems appropriate order transferred to the fund referred to in
Section 1 hereof from the General Fund and the Water Fund such
amounts as the City Council considers appropriate to fund any
benefits of employees paid from that fund, or other charges to
the City that are not provided for by the Federal Grant.
SECTION 8. Interest earned from this Fund shall be
credited to the Comprehensive Employment and Training Act of
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1973 Contingency Reserve and Revolving Fund.
SECTION 9. 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.
ATTEST:
(SEAL)
PASSED, APPROVED and ADOPTED this 4th day of
March , 1980.
City Clerk
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Mayor ot the City of El Segundo,
California
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STATE OF CALIFORNIA )
COUNTY OF LOS ANGELES )
CITY OF EL SEGUNDO )
SS
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. 2981
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 4th day of March , 19 80
and that the same was so passed and adopted by the following vote:
AYES: Councilmen Bue, Nagel, Van Vranken
and Mayor Balmer
NOES: Councilmen Benson
ABSENT: Councilmen None
WITNESS MY HAND AND THE OFFICIAL SEAL OF SAID
CITY this 14th day of March 19 80
(SEAL),
City Clerk of the City of E1 Segundo,
California
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