Resolution 03623RESOLUTION NO. 3623
DISSOLVING ThE "STREET IMPROVEMENT FUND"..CREATING
A NEW FUND TO BE KNOWN AS "TEAFFIC SAFETY FUNW,
AND TBANSFERRING FUNDS FRGINi THE SThEET IMPROVENENT
FUND TIETERET 0
WHEREAS, Chapter 11..00 of the 1947 Statutes of California amends Section
770 of the Vehicle Code and provides that all fines and forfeitures collected
shall be paid into the city treasury and deposited in a special fund to be known
as the "Traffic Safety Fimd" in place of the Street Improvement Fund, as heretofore;
NOW, THEREFORE, BE IT RESOLVED BY TEE COUNCIL CF THE CITY OF ALAMEDA,
as follows:
That the "Street Improvement Fund" is hereby dissolved;
That a new, special fund to be known as the "Traffic Safety Fund" is
hereby created;
That all funds in said Street Improvement Fund at the date of the passage
of this resolution be, and the sane are hereby, transferred to said "Traffic
Safety Fund."
The Auditor and Treasurer are hereby authorized and directed to create
said now special fund and to make the necessary transfers on their respective books.
I, the undersigned, hereby certify that the foregoing Resolution was
duly and regularly introduced and adopted by the Council of the City of Alameda
in regular meeting assembled on the 7th day of October, 1947, by the following
vote, to wit:
AYES: Councilmen Osborn, Sweeney and President Branscheid, (3).
NOES: None.
ABSENT: Councilmen Anderson and Jones, (2).
IN WITNESS WBEEECF, I have hereunto set my hand and affixed the offi-
cial seal of said City this 3th day of October, 1947.
J. P. CLARK
City Clerk of the City of Alameda
I hereby certify that the foregoing is a full, true and correct copy of
"Resolution No. 3623, DISSOLVIN! THE "STREET IMPROVEMENT FUND"'. CREATING A NEW
FUND TO BE KNOWN AS TRAFFIC SAFETY FUND". AND TRANSFERRING FUNDS FROM THE STREET
IMPROVEMENT FUND THERETO," introduced and adopted by the Councilon the 7th day
of October, 1947.
City q1elok of the City of Alameda
M
0—SEROWN
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