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HomeMy WebLinkAboutReso - CC - 038-19451 RESOLUTIONd NO. 38-45 RESOLUTION FIXING 10 PERCENT OF ALL GROSS LC�I TS TO BE PLLCED Id L SINKING FUND RESOLVED by the City Council of the City of Burlingame, that pursuant to Section 624 of the Ordinance Code of the said City, that from and after July 1, 1945, 10 percent of the gross receipts collected each and every month by the Municipal dater System of the City shall be placed in a fund designated by said Code as the "Burlingame rater System Sinking Fund", and all moneys accumulated in said fund shall be used for the purpose of replacement and renewal of the water distributing system. i Il Jas. P. Dwan, City Clerk of the City of Burlingame, do hereby certify that the foregoing Resolution was introduced at a regular meeting of the City Council held on October 1, 1945, was adopted by the following vote: AYES: NOES: ABSENT OCT 2 1945 tsrra n n ASSEfi' s8 :-SY Or HU i;Jev;,;an�c COUNCIDIEN: Dahl-Harris-Hunt -Roth -'.ahitsell COUNCILi11N: None COUNCIUMi: None City Clerk