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RESOLUTION NO. 86-494
RESOLUTION OF THE CITY OF SAN BERNARDINO ESTABLISHING WITHIN
THE EXISTING CITY SPECIAL DEPOSITS FUND AN ACCOUNT ENTITLED
"UTILITY UNDERGROUNDING TRUST".
BE IT RESOLVED BY THE MAYOR AND COMMON COUNCIL OF THE CITY
OF SAN BERNARDINO AS FOLLOWS:
SECTION 1. There is hereby established within the existing
City Special Deposits Fund an account entitled "Utility
Undergrounding Trust".
Monies deposited in said account shall be
segregated by project, accrue interest thereon and be reserved
for expenditure within that project area.
I HEREBY CERTIFY that the foregoing resolution was duly
adopted by the Mayor and Common Council of the City of San
Bernardino at an adiourned/regularmeeting thereof, held on the
8th
day of December
, 1986, by the following vote, to
wit:
Estrada. Rei 11y 0,,;,,1
It'r;:;'7;t:lor
.
AYES:
Council Members
Strickler
NAYS:
None
ABSENT:
Council Members Hernandez. MnrkR
The foregoing resolution
~/?~~
/ City Clerk
hereby approved this 9~ day
of
Decemhp..r
, 1986.
26 Approved as to form:
27
28
.;.!)
City Attorney
11-?~-Rh