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HomeMy WebLinkAbout62-103 - Fixing General Reserves for Recreation and Park District (FY 1962-1963)247' RESOLUTION NO. 62-103 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF COSTA MESA ACTING AS THE SUPERVISING AUTHORITY OF THE COSTA MESA RECREA- TION AND PARK DISTRICT, AUTHORIZING AND FIXING THE GENERAL RESERVES FOR SAID RECREATION AND PARK DISTRICT FOR THE 1962- 1963 FISCAL YEAR. WHEREAS, the City Council of the City of Costa Mesa acting as supervising authority of the Costa Mesa Recreation and Park District, has adopted the budget of said Recreation and Park District for the Fiscal year 1962-1963 by its Resolution No. 62-100, passed and adopted on this 16th day of July, 1962; and WHEREAS, this Council deems it necessary, advisable, and in the best interest of the City, that provision be made for the operation and maintenance of said Recreation and Park District during the interim period preceding the receipt of 1963-1964 tax revenue by said District; NOW, THEREFORE, BE IT RESOLVED, by the City Council of the City of Costa Mesa that the amount of $102,824.00 be, and the same is hereby, authorized, fixed and established as General Reserves to be included in the Costa Mesa Recreation and Park District's 1962-1963 budget. PASSED AND ADOPTED this 16tb day of July, 1962. Mayor of the City of Costa Mesa ATTEST: City Clerk of the City of Costa Mesa STATE OF CALIFORNIA ) COUNTY OF ORANGE ) SS. CITY OF COSTA MESA ) I, C. K. PRIEST, City Clerk of the City of Costa Mesa, hereby certify that the above and foregoing Resolution No. 62-103 was duly and regularly passed and adopted by the City Council of the City of Costa Mesa at a regular meeting thereof held on the 16th day of July, 1962. IN WITNESS WHEREOF, I have hereunto set sly hand and affixed the Seal of the City of Costa Mesa, this 17th day of July, 1962. City Clerk and ex -officio Clerk of the City Council of the City of Costa Mesa