HomeMy WebLinkAboutRES 2003-611
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RESOLUTION 2003- 61
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DIAMO D BAR
APPROVING THE SALE OF PROPOSITION A FUNDS (LOCAL ETURN
TRANSIT FUNDS) TO THE CITY OF CLAREMONT.
WHEREAS, the City of Diamond wishes to transfer $350,000 of
Proposition A Local Return Transit Funds to the City of Claremont to p
transit purposes and to improve the level, quality, safety, and/or
u
for
bility of transit
services to the general public or to any group which requires special tran
assistance; and
WHEREAS, the City of Claremont has offered to assign
Funds to the City of Diamond Bar; and
WHEREAS, the City Council of the City of Diamond Bar has
) in General
ined that the
transit needs of the City can be adequately met if this fund exchange is approved
WHEREAS, the City of Diamond Bar plans to expend these funds to augm
City's capabilities in meeting the general public's needs and other City exnses.
NOW, THEREFORE, the City Council of the City of Diamond Ba does
resolve as follows:
; end
SECTION 1. The exchange of $350,000 of Proposition A Local Return Furn
exchange for the assignment of $250,250 in General Funds is authorized and apprc
SECTION 2. The Mayor is authorized to execute, on behalf of the City,
required documents to effectuate this exchange of funds.
SECTION 3. The City Clerk shall certify to the adoption of this
send certified copies to the City of Claremont.
ution
it the
!reby
Js in
ved.
any
and
The City Clerk shall certify to the adoption of this Resolution.
PASSED, APPROVED AND ADOPTED this 21st day of October, 2003.
Carol Herrera, Mayor
ATTEST:
Ly a Burgess, City Jerk
I, LYNDA BURGESS, City Clerk of the City of Diamond Bar, do hereby certify that the
foregoing Resolution was passed, approved and adopted at a regular meeting of the
City Council of the City of Diamond Bar held on the 21 st day of October, 2003, by the
following vote:
AYES: COUNCIL MEMBERS:
NOES: COUNCIL MEMBERS:
ABSENT: COUNCIL MEMBERS:
ABSTAINED: COUNCIL MEMBERS:
Chang, O'Connor, Zirbes,
MPT/Huff, M/Herrera
None
None
None
h
*LYDA
CURGESS, City Clerk
City of Diamond Bar