CC RESOLUTION 3418RESOLUTION NO. 3418
A RESOLUTION OF THE CITY COUNCIL OF THE
It CITY OF EL SEGUNDO, CALIFORNIA, GIVING
THE DIRECTOR OF FINANCE LIMITED AND
TEMPORARY AUTHORITY TO EXPEND FUNDS OF
THE CITY PENDING APPROVAL OF THE 1986 -87
CITY BUDGET.
WHEREAS, the City Council on July 1, 1986, adopted Reso-
lution No. 3400, granting interim expenditure authority until
such time as a budget is adopted, but no later than August 31,
1986; and
WHEREAS, the 1986 -87 budget will not be adopted before
August 31, 1986
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF EL SEGUNDO,
48 CALIFORNIA, DOES RESOLVE AS FOLLOWS:
SECTION 1. The Director of Finance is hereby authorized
to expend general purpose funds of the City for the purpose of
paying ongoing expenses of the City until such time as a budget
is adopted by the City Council, but no later than October 31,
1986.
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SECTION 2. The level of such expenditures and authorization
is limited to the 1985 -86 level of appropriations previously
approved by the City Council,
SECTION 3. 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 19th day of
August r 1986.
(SEAL)
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STATE OF CALIFORNIA )
COUNTY OF LOS ANGELES ) SS
CITY OF EL SEGUNDO )
I, Ronald L. Hart, 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. 3418 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 19th day of
August, 1986, and that the same was so passed and adopted by the
following vote:
AYES: Councilmembers Anderson, Jacobson, Schuldt,
West, and Mayor Siadek
NOES: None
ABSENT: None
WITNESS MY HAND AND THE OFFICIAL SEAL OF SAID CITY
this 22nd day of August, 1986.
RONALD L. HART,
City Clerk of the
City of E1 Segundo, California
(SEAL)