Resolution Number 63-6-24-226
RESOLU'ION NO. 63-6--24-2
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
11 OF SAN JUAN CAPISTRANO ESTABLISHING A FUND
2� FOR RESERVES FOR INVESTMENT.
3I WHEREAS, The City Council having heretofore adopted a tax
4I rate and having analyzed the preliminary budget considered establish -
6i ing a fund out of monies in the unappropriated reserve for invest-
6lment and the accumulation of interest; and
7 WHEREAS, the City Council finds that it,is in the best in -
8 terests of the City to establish such a fund.
9 NOW THEREFORE, BE IT RESOLVED by the City Council of the City
10!0f San Juan Capistrano that it establish and it does hereby establish
11a fund out of monies in the unappropriated reserve for investment
12 purposes.
131 PASSED, ADOPTED and APPROVED this 24th day of June, 1963,
141 at a regular meeting of the Ctiy Council of the City of San Juan
15 Capistrano, by the following vote, to wit:
16 AYE AYES: COUNCILMEN: BUCHHEIM, CLIFF, DURNFORD, .
OLIVARES and BATHGATE
17I NOES: COUNOILMPN: NONE
18 ABSENT: COUNCILMEN: NONE
19
20 ayor of the Ci'�jr to i'
San Juan Capistrano
21)
ATTEST:
22
23
241
ity of
City
San Juan"Capistrano
Clerk
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