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HomeMy WebLinkAbout70-56 - Accumulate Funds Under TOPICS95 RESOLUTION NO. 70-56 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF COSTA MESA, CALIFORNIA, INDICATING ITS DESIRE TO ACCUMULATE FUNDS UNDER THE TOPICS PROGRAM FOR PROJECTS IN SUBSEQUENT YEARS. THE CITY COUNCIL OF THE CITY OF COSTA MESA, CALIFORNIA, DOES HEREBY RESOLVE AS FOLLOWS: THAT WHEREAS, the City of Costa Mesa received confirmation on May 18, 1970, regarding approval of our application to conduct a TOPICS area -wide plan and study report with Stanford Research Institute as a consultant; and WHEREAS, the City of Costa Mesa in a letter from the State of California, dated January 23, 1970, was apportioned the amount of $74,123.00 for the 1969-1970 fiscal year; and WHEREAS, the amount approved for the study was $53,288.45 with $38,000.00 coming from TOPICS funds and $15,288.45 coming from the City of Costa Mesa in the form of in-kind services; and WHEREAS, the City does not have plans to initiate any construction projects within the 1969-1970 fiscal year which might use the balance of $36,123.00 required to finance the area -wide plan and study report. NOW, THEREFORE, BE IT RESOLVED, that the City of Costa Mesa does in fact wish to accumulate funds and combine them with another fiscal year's apportionment for use in financing a more substantive project. PASSED AND ADOPTED this 22nd day of June, 1970. � al0:2� I•n�. Mayor of the City of Costa Mesa ATTEST: l F City Clerk of the City of Costa ra STATE OF CALIFORNIA ) COUNTY OF ORANGE ) SS CITY OF COSTA MESA ) I, EILEEN P. PHINNEY, City Clerk of the City of Costa Mesa and ex -officio Clerk of the City Council of the City of Costa Mesa, hereby certify that the above and foregoing Resolution No. 70-56 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 22nd day of June, 1970. IN WITNESS WHEREOF, I have hereunto set my hand and affixed the Seal of the City of Costa Mesa, this 23rd day of June, 1970. x' wiz City Clerk and ex -officio Clerk of e City Council of the City of Costa esa