1950-17551
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RESOLUTION NO. 1755
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
ANAHEIM, CALIFORNIA, CREATING A SPECIAL FUND TO BE KNOWN AS THE
CITY EMPLOYEES' RETIREMENT FUND AND PROVIDING FOR THE TRANSFER OF
FUNDS FROM THE MUNICIPAL UTILITY AND FIRE DEPARTMENT FUND TO SAID
SPECIAL FUND.
THE CITY COUNCIL OF THE CITY OF ANAHEIM, CALIFORNIA
DOES RESOLVE AS FOLLOWS:
THAT WHEREAS, by Resolution No. 1676 the City Council
did create and establish a sinking Fund known and designated as the
Municipal Utility and Fire Department Fund of the City of Anaheim to
accumulate and provide necessary funds to meet expenditures for the
purchase of pipe, supplies, construction materials and labor for the
Water, Light, Power, Sewer and Fire Departments of the City of Anaheim,
and a fire truck for the Fire Department of the City of Anaheim, and
WHEREAS, there is now accumulated in said fund the sum
of Thirty -six Thousand Two Hundred Seventy -three and Fourteen /One
Hundreths $36, 273.14 Dollars, which is no longer needed to meet
expenditures provided for in said Resolution No. 1676, and
WHEREAS, the City Council of the City of Anaheim finds
it is necessary and desirable to use said funds to meet the City of
Anaheim's share of costs in the participation of the State Employees'
Retirement System contract with the State of California, and
WHEREAS, it is necessary to create and establish a
special fund for said purpose and to transfer from said Municipal Utility
and Fire Department Fund the funds remaining therein to said special fund:
NOW, THEREFORE, BE IT RESOLVED by the City Council of the
City of Anaheim that there be, and there is hereby created and established
a special fund which shall be known as the City Employees' Retirement
Fund of the City of Anaheim to accumulate and provide the necessary
funds to meet the City of Anaheim's share of costs in the participation
of the State Employees' Retirement System contract with the State of
California, and
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BE IT FURTHER RESOLVED that the City Treasurer of the
City of Anaheim be, and he is hereby authorized and directed to establish
said special fund and designate it as the City Employees' Retirement
Fund of the City of Anaheim and to transfer from the Municipal Utility
and Fire Department Fund established by Resolution No. 1676, the sum
of Thirty --six Thousand Two Hundred Seventy -three and Fourteen One
Hundredths $36,273.14 Dollars to said special fund, and
BE IT FURTHER RESOLVED that the City Treasurer of the
City of Anaheim be, and he is hereby authorized and directed to transfer
from the City General Fund to said special fund each month the sum of
Five Thousand Five Hundred $5,500.00 Dollars, beginning on the 1st
day August, 1950 for so long a period as he shall be directed so to do
by the City Council by Resolution.
The foregoing Resolution is signed and approved by me
this llth day of July, 1950.
ATTEST:
Arev
CI CLERK OF t�I� Y OF ANAHEIM
STATE OF CALIFORNIA
COUNTY OF ORANGE ss.
CITY OF ANAHEIM
AYES: COUNCILMEN
NOES: COUNCILMEN
ABSENT: COUNCILMEN
SEAL
None.
I,_CHARLn:S E. GRIFFITH, City Clerk of the City of Anaheim, do hereby
certify that the foregoing Resolution was passed and adopted at a regular
meeting of the City Council of the City of Anaheim, held on the 11
day of July, 1950, by the following votes of the members thereof:
Pearson, Wisser, Heyin Honey, Van Wagoner.
None.
AND I FURTHER CERTIFY that the Mayor of the City of Anaheim signed and
approved said Resolution on the 11 day of July, 1950.
IN WITNESS WHEREOF, I have hereunto set my hand and affixed the seal of
the City of Anaheim this 11 day of July, 1950.