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ORD 004U ORDINANCE NO. 4 U AN ORDINANCE ESTABLISHING A SPECIAL GAS TAX STREET IMPROVEMENT FUND IN THE CITY OF RANCHO PALOS VERDES AND DECLARING THE URGENCY THEREOF THE CITY COUNCIL OF THE CITY OF RANCHO PALOS VERDES DOES ORDAIN AS FOLLOWS: Section 1. To comply with the provisions of Section 2113, of the Streets and Highways Code and to avail itself of the benefits of Sections 2106 and 2107 thereof, there is hereby created in the City Treasury a special fund to be known as the "Special Gas Tax Street Improvement Fund." Section 2. All moneys received by the City from the State of California under the provisions of the Streets and Highways Code for the acquisition of real property or interests therein for, or for engineering, or for the construction, maintenance or improvement of streets or highways by the City shall be paid into said fund. Section 3. All moneys in said fund shall be expended exclusively for the purposes authorized by, and subject to the provisions of the Streets and Highways Code. Section 4. The City has just been incorporated and has no funds whatsoever to provide for maintenance and improvement of the City streets. It is therefore neces- sary that the City acquire funds for such purposes without delay. This Ordinance is therefore necessary for the protection of the public, health, peace and safety and shall take effect immediately. The City Clerk shall cause copies of this Ordinance to be posted as required by law. PASSED, APPROVED AND ADOPTED this 12th day of September, 1973, by vote as follows: AYES: Buerk, Dyda, Ruth, Ryan and Ryan NOES: None ABSENT: None t2',t4/,,,t, MAYO /S/ MARILYN CORTINA CITY CLERK I HEREBY CERTIFY that the foregoing is a true and correct copy of Ordinance No. 4 U passed and adopted by the City Council of the City of Rancho Palos Verdes at a meeting thereof held on the 12th day of September, 1973, and that said ordin- ance was posted pursuant to law. c NeYCAO -- t IP , / CITY CLERK ' STATE OF CALIFORNIA ) COUNTY OF LOS ANGELES ) ss. AFFIDAVIT OF POSTING CITY OF RANCHO PALOS VERDES ) The undersigned, being first duly sworn, deposes says: sworn d uses and sa� y That at aI I time herein mentioned, he/she was and now is the duly ual ified and acting Deputy City Clerk of the City of Rancho Palos Verdes, California: That on the 2-7 day of `—� y o , 9 , he/she caused to be posted in three conspicuous places, as required by law, y r , a copy of which is attached hereto in the following . Y 9 public places in this City: • Ci ty Hail 31 244 Palos Verdes Drive West, Palos Verdes Peninsula, Calif. 90274 (Suite 205) 2. Los Angeles County Department, Miraleste Station an 4000 Miraleste Plaza Miraleste, California 3. Ridgecrest I ntermedicate School 28915 Northbay Road Palos Verdes Peninsula, California I certify under penalty of perjury that the foregoin g is a true and correct affidavit of posting. City Clerk, City of Ran o Palos Verdes, Cali By: - + Deputy City Clerk