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Resolution No. 134613 4-& 3 RESOLUTION NO. 1346 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CYPRESS ACCEPTING FISCAL YEAR 1971/72 TOPICS ALLOCATION OF THE CITY OF BUENA PARK WHEREAS, the Cities of Cypress and Buena Park have planned certain improve- ments to traffic signals at the intersection of Ball Road and Valley View Street and, WHEREAS, the City of Cypress is proceeding with the project and it will be necessary for the Buena Park allocation of TOPICS money to be transferred to the City of Cypress in order to help fund this project, and both cities are agreeable to said transfer, NOW, THEREFORE, the City Council of the City of Cypress does resolve as follows: A. That the City of Buena Park's FY 1971/72 TOPICS allocation, in the amount of $5,418.00, is hereby accepted, with the monies to be used in a joint project of improving the traffic signal system at Ball Road and Valley View Street which intersection is partially within both cities. B. Said signalization improvement will be shared by the two cities on a 75%:25% basis, with any unused portion of said funds remaining after completion of the project to be returned to the City of Buena Park in cash or from Cypress' future TOPICS allocations, from 2106 Gas Tax monies, or other available funds. C. The City Clerk is authorized and directed to forward copies of this resolution to the City of Buena Park and to the California State Division of Highways. PASSED AND ADOPTED by the City Council of the City of Cypress at a regular meeting held on the 26th day of March, 1973. ATTEST: (-14c;/xf444V;x% TY CLE OF THE CITY OF CYPRESS STATE OF CALIFORNIA ) COUNTY OF ORANGE ) SS YOROF CYPRESS I, DARRELL ESSEX, City Clerk of the City of Cypress, DO HEREBY CERTIFY that the foregoing Resolution was duly adopted at a regular meeting of the said City Council held on the 26th day of March, 1973, by the following roll call vote: AYES: 4 COUNCILMEN: Frankiewich, Harvey, Kanel and Roberts NOES: 0 COUNCILMEN: None ABSENT: 1 COUNCILMEN: Lacayo ITY CLERK OF THE CITY OF CYPRESS