Resolution No. 1399RESOLUTION NO. 1399
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CYPRESS
AUTHORIZING AND DIRECTING A TEMPORARY TRANSFER OF FUNDS
TO THE CYPRESS RECREATION AND PARK DISTRICT.
THE CITY COUNCIL OF THE CITY OF CYPRESS HEREBY DOES RESOLVE AS FOLLOWS:
1. That the City Treasurer, who also is the Treasurer of the
Cypress Recreation and Park District, be authorized and
directed to make a temporary transfer of funds in the
amount of $80,000.00 from the City of Cypress General Fund
to the Cypress Recreation and Park General Fund;
2. That such funds be re -transferred to the City of Cypress
on or before January 1, 1974;
3. That such funds be used only for "maintenance purposes,"
as that term is used in Section 25, of Article XIII of
the California Constitution; and
4. That such transferred funds shall be replaced by the District
as soon as the District receives any tax monies, before any
other obligation of the District is met from such tax monies.
PASSED AND ADOPTED by the City Council of the City of Cypress at a regular
meeting held on the 9th day of October, 1973.
ATTEST:
CITY CLERK OF THE CITY OF CYPRESS
STATE OF CALIFORNIA )
COUNTY OF ORANGE ) SS
lel
CITY OF 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 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 0 TEE CI OF CYPRESS