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HomeMy WebLinkAbout1999-09-14 - RESOLUTIONS - PROP A FUNDS DIAMOND BAR AGMT (2)RESOLUTION NO. 99-157 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SANTA CLARITA, CALIFORNIA, AUTHORIZING THE EXECUTION OF AN ASSIGNMENT AGREEMENT WITH THE CITY OF DIAMOND BAR FOR EXCHANGE OF PROPOSITION A FUNDS FOR GENERAL FUNDS WHEREAS, the City of Diamond Bar wishes to exchange Proposition A Local Return Funds for General Funds; WHEREAS, the City of Santa Clarita has projects that are eligible uses of Proposition A Local Return Funds; WHEREAS, the City Council of the City of Santa Clarita states its intent and desire to exchange its General Funds for Proposition A Local Return Funds; NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF SANTA CLARITA does resolve as follows: SECTION 1: That the City Manager is hereby authorized to execute an Assignment Agreement with the City of Diamond Bar for the exchange of General Funds for Proposition A funds. SECTION 2: That the City Clerk shall certify to the adoption of this Resolution and shall forward a certified copy thereof to the City of Diamond Bar. PASSED, APPROVED AND ADOPTED THIS 14 day of Spilt 1999. // , �' �//' � � '-� g, -e"' � ATTEST: .AN -1l. "�'7 `-' CITY CLERK RESOLUTION NO. 99-157 Page 2 STATE OF CALIFORNIA) COUNTY OF LOS ANGELES) ss CITY OF SANTA CLARITA) I, Sharon L. Dawson. City Clerk of the City of Santa Clarita, do hereby certify that the foregoing Resolution was duly adopted by the City Council of the City of Santa Clarita at a regular meeting thereof, held on the 14 day of Sept 19 99 , by the following vote of the Council. AYES: COUNCILMEMBERS Klajic, Heidt, Ferry, Weste, Darcy NOES: COUNCILMEMBERS None ABSENT: COUNCILMEMBERS None BB:hds m dWee99159