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HomeMy WebLinkAbout140 - Petty Cash and Payroll Funds Increased215 HESCMJTION NO. 140 A FFSOL:TTTCiT OTTHP CITY COLNCIL OF THi CITY OF COSTA MESA INCFEAS-:VG THE PFTTY CASH EnNL' FPOM h100.00 TO .^250.00 ANL INCFEASING THE PAYROLL F''.NL FFOS^ X10,000.00 To w15,000.00. kilFEAS, the City Council did heretofore establish a Petty Cash Fund in the sum of AlOO.00 and did heretofore establish a Payroll Fund in the sum of 810,000.00; and WHEFEAS, both of said funds have, through experience, been shown to be inadequate. NOir, THEFEFOFE, the City Council of the City of Costa Mesa does hereby resolve as follows: 1. That the Petty Cash Fund be increased from y100.00 to ;:250.00. 2. That the Payroll Fund be increased from 510,000.00 to (15,000.00. The a!ove and foregoing kesolntion was duly and regclarly passed and adopted at a regular meeting of the City Council of the City of Costa Mesa, held on the 20th da of June, 1055, by the following vote, to -wit: AYE.`-: CC) NCTL'i, Martin, Nelson, Smith, TeWinkle and Pinkley NOES: CO_NCTI2 EN None A6SENT COTNCILMEN None ATTEST: Mayor of the City of Costa Mesa City Clerk of the City of Costa Mesa STATE OF CALIFOFNIA) )SS CO''NTY OF OFANGE ) I, A. C. S6,'AFTZ, City Clerlc of the City of Costa Mesa, do hereby certify that the amve and foregoing hesolution No. 140 was duly and regularly passed and adoptedby the City Council of the City of Costa Mesa at a regular meeti'np there- of held on the 20th da,. of June, 1055. E 25 City Clerk anand ex officS.o Cle of the City Council of the City of Costa Mesa DATED: June 20th, 1955