Resolution No. 1290 RESOLUTION NO. 1290
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 $ 100,000.00 from the City of Cypress General
Fund to the Cypress Recreation and Park General Funds;
2. That such funds be re-transferred to the City of Cypress on
or before January 1, 1973;
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 25th day of September, 1972.
MAYOR OF C TY OF. 1PRESS
ATTEST:
'4CITY CLERK OF THE 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 25th day of September, 1972, by the following roll call vote:
AYES: 4 COUNCILMEN: Frankiewich, Harvey, Roberts and Lacayo
NOES: 0 COUNCILMEN: None
ABSENT: 1 COUNCILMEN: Kanel
CITY CLERK OF THE CITY OF CYPRESS