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HomeMy WebLinkAboutResolutions - No. 2581RESOLUTION NO. 2581 RESOLLTIM PROVIDNG FOR INCREASE IN PLANNED TOTAL E)GU D(TURE FOR CAPITAL NFROVEVIN17 PROJECTS VAS, under the terms of Public Law 87-658, approved September 14, 1962, the United States of America has authorized the making of grants to aid in financing construction of specific public works projects, provided the proposed or planned total expenditure of the public body for its capital improvement projects is increased by an amount approxi- mately equal to the non -Federal funds required to complete such public works projects: NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Lodi 1. That as of the date of filing of an application by the City of Lodi (hereafter called Applicant) with the Housing and Herne Finance Agency, United States Government, for a grant to aid in financing the con- struction of the Southside Sanitary Sewer, the Applicant had a capital improvements plan or capital improvement budget for the fiscal year or years during which construction of the proposed project is ex- pected to occur; and that the total expenditure for capital improve- ments in said plan or budget was $424,991 for the fiscal year ending June 30, 1963. 2. That, in the event that said Federal grant is approved by the United States of America, said capital improvements plan or capital budget is hereby increased by $1,800 for the fiscal year ending June i0, 1963 in the pro osed or planned total expenditure for capital improve- ment projects exclusive of Federal funds) . 3. That said increase in tha proposed or planned total axpenditure for capital improvement projects is approximately equal to the non - Federal funds required to complete the public works project for which the application is to be submitted. This resolution is adopted pursuant to the authority provided by the State of California Government Code, Section 38900. Dated: November 21, 1962. I hereby certify that the foregoing Resolution No 2581 was passed and adopted by the City Council of the City of Lodi in regular meeting held November 21, 1962, by the following vote: AYES: Councilmen - BROWN, CULBERTSON, DOW, ULLMANN and KATZAKIAN NOES: Councilmen - NONE ABSFNr'. Councilmen - NONE C C10 C1er