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HomeMy WebLinkAbout138 - Water Department and Fund EstablishedFhSOIDTION N0. 138 A PESOII7TTON OF THI CITY COUNCIL OF THE CITY OF COSTA MESA ESTULISH- ING A WAThF DHPAFTPtbTT ANL TFANSFkFF'T.NG FINDS PEFETO, kF_IFL'AS, the City of Costa Mesa is planning to engage in the b,:siness of d`strib,-V iff water within the incorporated terri. tory of Costa Mesa, and construct- ing a d+..str i! ­V nr system; NOW, THFSEFCFE, the City Council of the City of Costa Mesa does hereby resolve as follows: 1. That a Plater Lepa.rtment be and is hereby established, to be known O as the City of Costa Mesa Water Department; 2. That a fund be and is hereby established, to be ]mown as the City of Costa Mesa Water Department Fund; 3. That the sum of rorty Thousand and No/100 Dollars (*40,000.00) be and the same is hereby authorized to be transferred from the General Fand to the said Water Department Fund, herein established, on a loan basis, to be paid back from said Water Department Fund into the General Fund when such monies are available for such repayment. The above and foreooinr Fesolution was dily and rete-larly passed and adopt- ed at a remtlar meetinv of the Cita Council of the City of Costa Nesa heldon the 20th day. of June, to55, by the followive vote, to -wit: AY',S: r,00SrT_L`hb! "actin, Eelsnn, Sn'th, TeWinkle and Pinpley NOES: COC'iC_TL" EN None A3epvT CCT ^ICILzg None ":''avo he i.tv of Costa Mesa A^TEST: p Cit,, Clerk of the City c>f Costa '(esa STATE OF CALIFOFP?IA) CONTY Or MANGE )�S L ` I, A. C. SWAFTZ, City Clerk of the City of Costa Yesa, do hereby certify L that the above and foreooine Fesolution So. 138 was duly and regularly passed and adopted by the City Council of the City of Costa Mesa at a regular meeting there- of, held on the 20th day of June, 1955. Q� Cit.: Clerk and ex -officio C1 k of the City Council of the Citi- of Costa Mesa FATED: June 20th, 1055 213