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Resolution No. 1041RESOLUTION NO. 1041 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CYPRESS, CALIFORNIA, DETERMINING THAT THE PUBLIC INTEREST AND NECESSITY DEMAND THE ACQUISITION AND CONSTRUCTION OF A CERTAIN MUNICIPAL IMPROVL'MENT AND MAKING FINDINGS RELATING THERETO, The .Qity Council of the City of. Cypress, California, DOES HEREBY RESOLVE, DETERMINE AND ORDER as follows: Section 1. That the public interest and necessity demand the acquisition and construction by said City ofa certain municipal improvement, to wit: the acqui- sition of land and the development thereof for public parks and the - development of existing park sites, including equipment, landscaping,'lighting, walks, park- ing and other works, property or structures necessary or convenient for any of the,foregoing and all expenses incidental to or connected with the authorization, issuance and sale of the bonds. Section 2. That the estimated cost of said municipal improvement is $1,250,000. That said municipal improvement requires an expenditure greater than the amount allowed for it by the annual tax levy and is necessary and convenient to carry out the objects, purposes and powers of said City. PASSED AND ADOPTED by the City Council of the City of Cypress at its regular meet- ing held on the 26th day of January, 1970. ATTEST 7 CITY ,CLERK OF T E CITY 0/ CYPRESS MAYOR OF IT / CITY OF CYPRESS STATE OF CALIFORNIA ) COUNTY OF ORANGE ) SS I, DARRELL ESSEX, City Clerk of the City of Cypress, DO HEREBY CERTIFY that the foregoing Resolution was adopted at a regular meeting of the said City Council held on the 26th day of January, 1970, by the following vote: AYES: 5 COUNCILMEN: Bowen, Harvey, Kanel, Noe and Kanode NOES: 0 COUNCILMEN: None ABSENT: 0 COUNCILMEN: None /2;. , CITY CLERK `OF THE CITY OF C' PEESS