Resolution No. 1511RESOLUTION NO. 1511
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CYPRESS
TRANSFERRING CERTAIN MONIES FROM THE GENERAL FUND OF
SAID CITY TO THE CYPRESS RECREATION AND PARK DISTRICT
FUND 62-3315 (PARK BOND PARK DEVELOPMENT FUND)
WHEREAS, included in the General Fund of the City of Cypress is a
sum of SIXTY FIVE THOUSAND FOUR HUNDRED SEVENTY-TWO AND NO/100 DOLLARS
($65,472.00) which represents fees paid to the City pursuant to the
Optional Design provisions of the City Code pertaining to subdivisions;
and
WHEREAS, said General Fund also includes the sum of TWENTY THREE
THOUSAND SEVEN HUNDRED FORTY-TWO AND NO/100 DOLLARS ($23,742.00) which
represents proceeds from a fire insurance policy covering the Cypress
Teen Center; and
WHEREAS, the aforesaid slims are properly designated for expenditure
for park and recreation purposes; and
WHEREAS, the Cypress Recreation and Park District is in the
process of developing park and recreational facilities to serve
the citizens of the City of Cypress; and
WHEREAS, said District is in need of additional funds in order to
successfully complete its park development program.
NOW, THEREFORE, the City Council of the City of Cypress hereby resolves
that the aforesaid sums of $65,472.00 and $23,742.00 now contained in the
City of Cypress General Fund be appropriated and paid to the Cypress
Recreation and Park District Fund 62-3315 Park Bond Park Development Fund.
PASSED AND ADOPTED by the City Council of the City of Cypress at
a regular meeting held on the 8th day of July, 1974.
ATTEST: MA
7-)-24.71/
CITY CLERK OF THE CITY OF CYPRESS
STATE OF CALIFORNIA )
COUNTY OF ORANGE ) SS
R OF T1
CI OF PRESS
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 8th day of July, 1974, by the following roll
call vote:
AYES: 3 COUNCILMEN: Frankiewich, Kanel and Lacayo
NOES: 0 COUNCILMEN: None
ABSENT: 2 COUNCILMEN: Harvey and Sonju
Z -L
CITY CLERK OF THE CITY OF CYPRESS