HomeMy WebLinkAboutResolution No. 1827RESOLUTION NO. 1827
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF AZUSA AUTHORIZING AND DIRECTING THE CITY
CLERK TO PURCHASE CERTAIN SERIES "C" WAR
BONDS WITH FUNDS OUT OF THE LIGHT AND WATER
FUND OF THE SAID CITY OF AZUSA.
The City Council of the City of Azusa does
resolve as follows:
BE IT RESOLVE D,that the City Clerk of the
said City of Azusa is hereby authorized and
directed to purchase Series "C" War Bonds
totaling the sum of $20,000.00, $12,000.00
worth of such bonds to bepaid for out of the
Light Department of said City and when pur-
chased to be held in the Light Reserve Fund.
The City Clerk and City Treasurer are hereby
authorized to draw a check or warrant against
the Light Fund in said sum of 12,000.00 for
the purchase of said bonds. 8,000.00 of
said bonds are to be paid for with funds out
of the Water Fund of the City of Azusa and
the City Treasurer and City Clerk are hereby
authorized to draw a check or warrant against
said Water Fund in the sum of $8,000.00 for
the purchase of said bonds. Said $8,000.00
bonds purchased with Water Funds shall be held
in favor of the Water Reserve Fund of said
City.
The Mayor shall sign this Resolution and the
City Clerk shall attest the same and certify to the
passage and adoption thereof.
Passed, approved and adopted
this 3rd day of July, 1944.