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Resolution No. 1291 r/ 1 i . . . . sr. ,. 4 • 3 RESOLUTION NO. 1291 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 $ 100,000.00 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, 1973; 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 25th day of September, 1972. vy MAYO OF E CIT OF CYPRESS ATTEST: L47€64‘6" CI COUNCIL OF THE' CITY OF CYPRESS STATE OF CALIFORNIA ) SS COUNTY OF ORANGE ) I, DARRELL ESSEX, City Clerk of the City of Cypress, DO HEREBY CERTIFY, that the foregoing Resolution was 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 . --li'zy•f#:.C.WV CITY CLERK OF THE CITY OF CYPRESS