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R 137RESOLUTION N0. RESOLUTION OF THE CITY COUNCIL OF THE CITY OF AR~JYO C4AANDa ADOPTING BUDGET AND APPROVING MEMORANDUM OF AGREEMENT FOR EXPENDITURE OF 1/4 CENT GA9 TAX ALLOCATED FOR STREETS OF MAJOR IMPORTANCE WHEREAS, a memorandum of agreement has been presented to be entered Snto with the State of California in accord- ance with a pro,~ect statement for expenditure 'of the 1/4 cent gsa tax for the fiscal year 19~F7 allocated for streets of mayor importance other than State highways in the City of Arroyo Oranfl® and WHEREAS, the city council has heard read said agree- ment in fu21 and is familiar with the contents thereof; THEREFORE, be it resolved by the city council of the City of Arroyo E3rAAde 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 City, said agreement to be binding upon the City upon its execution by the authorized officials of the State. ADOPTED this 3 'Z ~ day of ~ 19+6. Attest: I hereby certify that the foregoing resolution was duly and re ularly passed by the city council of the City of firroyo ~ranCe at a ~~gular meeting thereof held 3~ ~P 19 d_ MC-lO 99085 4-fl EM SST BBSD