Resolution No. 1398RESOLUTION NO. 1398
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CYPRESS
AUTHORIZING AND DIRECTING THE IMPLEMENTATION OF A TEMPORARY
TRANSFER OF FUNDS TO THE CYPRESS RECREATION AND PARK DISTRICT.
WHEREAS, the Cypress Recreation and Park District needs a temporary
transfer of funds to satisfy its obligations prior to receipt of additional
tax money; and
WHEREAS, it is the desire of the City Council of the City of Cypress
to assist the District in this regard in any manner legally possible, as
authorized by Section 25 of Article XIII of the California Constitution or
otherwise; and
WHEREAS, time is of the essence in the implementation of such a transfer
of such funds.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF CYPRESS
as follows:
1. That the City Manager and the City Attorney be directed to
prepare all necessary documentation to implement the transfer
of funds in the amount of $80,000.00 from the General Fund of
the City of Cypress, to the General Fund of the Cypress Recreation
and Park District, to be replaced on or before January 1, 1974; and
2. That the Mayor and City Clerk respectively be authorized and
directed to execute any and all such documentation, after approval
by the City Attorney.
PASSED AND ADOPTED by the City Council of the City of Cypress at a regular
meeting held on the 9th day of October, 1973.
MAYOR OF E CITY OF CYPRESS
ATTEST:
CITY CLERK OF 'SHE 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 duly adopted at a regular meeting of the said City
Council held on the 9th day of October, 1973, by the following roll call vote:
AYES: 3 COUNCILMEN: Frankiewich, Kanel and Roberts
NOES: 0 COUNCILMEN: None
ABSENT: 2 COUNCILMEN: Harvey and Lacayo
CITY CLERK OF THE C OF CYPRESS