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HomeMy WebLinkAboutResolution No. 6911RESOLUTION N0. 6911 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF AZUSA CREATING A WORKING CAPITAL FUND. The City Council of the City of Azusa does resolve as follows: SECTION 1. The City Council does hereby create a working capital fund. SECTION 2. The working capital fund is created to protect the City in periods of reduced revenues. SECTION 3. Any charges to the working capital fund must have the prior approval of the City Council. SECTION 4. The City Clerk shall certify to the adoption of this Resolution. 1980. ADOPTED AND APPROVED this 9th day of June, I hereby certify that the foregoing Resolution was duly adopted by the City Council of the City of Azusa at an adjourned regular meeting thereof held on the 9th day of June, 1980, by the following vote of Council: AYES: COUNCILMEN: Decker, Moses, Solem NOES: COUNCILMEN: Fry ABSENT: COUNCILMEN: Cruz City Clerk