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R 0576 RESOLUTION NO. 576 RESOLUTION AUTHORIZING AND DIRECTING ES'mBLISHMENT OF THE SEPARATE PIANN- ING ACCOUNTS WHEREAS , the City Council of the City of Arroyo Grande desires to establish a separate planning account for the purpose of re- ceiving and dispersing funds of money received from the Housing and Home Finance Agency under authority of Public Law 560, dated May 27, 1961; and the Joint Power Agreement dated September 22, 1961; and acceptance of the grant offer by Council Resolution No. 499 under the date of september 12, 1961. BE IT RESOLVED that a separate account be established with Bank of America NT & SA Arroyo Grande Branch entitled "PIANNING ACCOUNT" to be used in accordance with the provisions of this Resolution. On motion of Councilman Jacobs , seconded by Council- man Lee , on the following roll call Qote, to-wit: AYES: Gounc~lmen Lee, Wood, McNe~l. Jacobs and Mayor Burt NOES: None ABSENT: None the foregoing Resolution was adopted this 12th day of March , 19 --2.;L . ,~~ t2 tZcd ATTEST:~ '.../~ CitY~k I, POLLY S. MILLER, City Clerk of the City of Arroyo Grande, County af San Luis Obispo, State of California, do hereby certify that the foregoing Resolution No. 576 is a true, full and correct copy of said Resolution passed and adopted by the City Council of the City of Arroyo Grande at a regular ~ .0.. .....n meeting of said Council on the 12th day of March , 1963 . WITNESS my hand and the seal of the City of Arroyo Grande affixed the 13th day of March , 1963 . ~J~~?~// City rk of e City of (Seal) Arroyo Grande