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HomeMy WebLinkAboutCC Reso No 1978-09RESOLUTION NO RESOLUTION OF THE CITY COUNCIL OF CITY OF LAKE ELSINORE APPROVING THE EXCHANGE OF SAFER OFF-SYSTEM ROAD FUNDS fOR SECTION 2106 FUNDS WHEREAS, the City of Lake Elsinore is entitled to $3,774.58 under the provisions and in accordance with the formula agreed upon from the Safer Off-System Road Funds, and; WHEREAS, these funds could best be utilized on a project much larger in scope than would 6e permitted within the amount allocated, and WHEREAS, County of Riverside is proposing such a project and is in the position to utilize these funds as prescribed by law, and; WHEREAS, City of Lake Elsinore is willing to assign these funds for use by County of Riverside, and; WHEREAS, Gounty of Riverside shall pay City of Lake Elsinore $2,830.94 in Section 2106 Funds (California Streets and Highways Code). NOW THEREFORE, BE IT RESOLVED that the City Council of the City of Lake Elsinore approve the assignment of the Safer Off-System Road funds to Riverside County. Passed and approved by the citv council at a meeting held the ,gth_day of March , 1978. ATTEST: Mayor of the City of Lake Elsinore City Clerk