HomeMy WebLinkAbout212 - Capital Outlay Fund Established - Sales Tax Revenue313
RESOLUTION NO. 212
A RESOLUTION OF THE CITY COUNCIL, Crf!r OF COSTA MESA,
ESTABLISHING A CAPITAL OUTLAY FUND FOR DISPOSITION OF
BALES TAX MONIES
WHEREAS, the City of Costa Mesa has adopted a Sales and Use Tax
Ordinance, Ordinance No. 1169 entitled PAN ORDINANCE OF THE CITY OF COSTA
MESA, IMPOSING A CITY SALES AND USE TAXI PROVIDING FOR THE PERFORMANCE BY
THE STATE BAORD OF EQUALIZATION OF ALL FUNCTION INCIDENT TO TRE AMINIBTRLTION,
OPERATION AND COLLECTION OF THE SALES AND BSE TAX HERESY IMPOSED, SUSPENDING
THE PROVISIONS OF ORDINANCE NO. 20 DURING SUCS TIME AS THIS ORDINANCE IS OPERA-
TIVEt* to become effective on April 1, 1956, and;
AHERFr1S, the City of Costa Mesa desires to deposit one-half of all
monies collected under Ordinance No. 116 in a special fund;
NON, THEREFORE, the City Council of the City of Costa Mesa does here-
by resolve, determine and order as followst
SECTION 1. A special fund is hereby created in the City Treasury to
be known as the "Capital outlay Fund," into which fund shall be deposited one-
half of all monies collected under and pursuant to the provisions of Ordinance
No. 116.
SECTION 2. This Resolution shall become effective as of April 1, 1956,
concurrent with the adoption of Ordinance lb. 116.
The above and foregoing Resolution was duly and regularly passed and
adopted at a regular meeting of the City Council of the City of Costa Mesa held
on the 19th day of March, 19569 by the following roll call vote, to-ritt
ATPS: Councilmen Martin, Pinkley, Smith, Nelson and Meyers
NOES: Councilmen - None
ABSENTt Councilmen - None
the City of Costa Mesa
ATTEST:
Ccity cleric c1V of costs. Mesa
STATE OF CALIFORNIA)
COUNTS OF ORANGE )SS
CITY OF COSTA MESA )
I, A. C. SWAM, City Clerk and ex -officio Clerk of the City Council
of the City of Costa Mesa, California, do hereby certify that the above and fore-
going Resolution was duly and regulary passed and adopted by the City Council
of the City of Costa Mesa, California, at a regular meeting thereof held on the
19th day of March, 1956.
City Clerk and ex-offio Clerk ofthe---- -
City Council of the City of Costa Mesa