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HomeMy Public PortalAboutOrd. 0723ORDINANCE N0. 723 AN ORDIN~.PICE AMENDING ORDINANCE N0. 384 CREATING A FUND FOR CAPITAL OUTLAYS. The City Council of the City of Lynwood. does ordain as follows; Section l. Section 1 of City Ordinance No. 384 is amended as follows: A fund. is hereby created.for capital outlays under the provisions of Article 4, Title 5, Division 2 of Part 1 of the Government Code. Section 2. Section 2 of City Ordinance No. 384 is amended to provide as follows: Such fund shall be known as "Special Fund for Capital Outlays" and it shall remain inviolate for the making of any capital outlays, and no moneys shall be disbursed therefrom excepting for such a purpose, excepting upon consent of the electors obtained. as provided in said Article 4. Section 3. The City Clerk is hereby ordered and d.irected to certify to the passage o£ this ordinance and to cause the same to be published once in the Lynwood Press, a newspaper of general circu- lation,printed and published. in the City of Lynwood. First read at a regular meeting of the City Council of said City held on the 5th day of September, 1961, and.finally adopted and ordered published at a regular meeting of said. Council held on the 19th day of September, 1g61, by the following vote: Ayes: Councilmen Noes; Councilmen Duncan, Ham, Rowe. None. STATE OF CALIFORNIA ) COUNTY OF LOS ANGELES: ss. CITY OF LYNWOOD ) I, the undersigned, City Clerk of the City of Lynwood, and. ex-officio clerk of the Council of said City, do hereby certify that the above is a true and correct copy of ordinance No. 723 adopted. by the City Council of the City of Lynwood and that same was passed on the date and by the vote therein stated. Dated this 20th da~ of September ~ 19 61 ,