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R 119G / - / - 7 ~ .._.-. RESOLUTION' N0. ~ ~ 1 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ,.i ,:,_ ,„ ADOPTING BUDGET AND APPROVING MEMORANDUM OF AGREEMENT FOR EXPENDITURE OF ~J ~`~' 1/4 CENT GAS TAX ALLOCATED FOR STREETS OF MAJOR IMPORTANCE NHEREAS, a memorandum of agreement has been presented to be entered into with the State of California in accord- ante with a project statement for expenditure of the 1/4 cent gas tax for the fiscal year 1 ~~-~, allocated for streets of mayor importance other than State highways in the City of oyo f3P-~d and 4YHEREAS, the city council has heard read said agree- ment in full and is familiar with the contents thereof; THEREFORE, be it resolved by the city council of the City of •~g9;~oy;~ ~a~~>r~~~:t that said project statement be and it is hereby adopted as the budget of proposed ex- penditures of the 1/4 cent gas tax allocated for streets of mayor importance other than State highways, and said agreement be and the same is hereby approved and the mayor and the city clerk are directed to sign the same on behalf of said Gity, said agreement to be binding upon the City upon its execution by the authorized officials of the State. ADOPTED this ~ Sfi• day of _~_`~~~- 19 ~w~; of tYyE~ Cif Attest: !i[/' Lf/• Y I hereby certify that the foregoing resolution was duly and regularly passed by the city council of the City of ~,_~,;,~~ w~~I ~ at ~~regular meeting thereof held MC-lO p8a85 4-41 2M BSt~ %39