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HomeMy WebLinkAboutCC Reso No 1967-1228 RESOLUTION NO. /~:;',,;;.P A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ELSINORE, CALIFORNIA, ELIMINATING CERTAIN TRUST FUNDS KNOWN AS "EQUIPMENT POOL FUND", "ALCOHOLIC BEVERAGE CONTROL (A.B.C) FUND", AND "IN LIEU OF MOTOR VEHICLE LICENSE FEES", AND TRANSFERRING ALL MONIES IN FUNDS TO THE GENERAL FUND OF SAID CITY AND REPEALING RESOLUTION NO. 861. WHEREAS, the City of Elsinore, California, did heretofore establish certain trust funds within the city known as the "Alcoholic Beverage Control (A.B.C.) Fund", and "'In Lieu of Motor Vehicle License Feeslifund" within the accounting system of the city; WHEREAS, the City of Elsinore, California, did establish on August 22, 1955 by Resolution No. 861, a special fund known as "Equipment Pool Fund"; WHEREAS the Certified Public Accountant, employed by the City of ElSinore, did in the regular meeting of the City Council held on Monday, October 9, 1967, state that said special funds served no purpose as none of the funds are trust funds and did complicate the accounting system of the city by receiving certa.in monies in said funds and then transferring them to the General Fund of the city requiring additional and unnecessary bookkeeping procedures. WHEREAS said Certified Public Account has recommended -1- DULY ADOPTED this 23rd day of October, 1967. Thomas R. Yarborough Mayor of the City of Elsinore ATTEST: City Clerk of the City of Elsinore I, FLORENE MARSHALL, the City Clerk of the City of Elsinore, California, hereby certify that the foregoing resolution was duly and regularly introduced and adopted by the Council of said City at its meeting held on the 23rd day of October, 1967, by the following vote: AYES: NOES: ABSENT: IN WITNESS WHEREOF, I have hereunto set my hand and affixed the official seal of the City of Elsinore, California, this 23rd day of October, 1967 City Clerk of the City of Elsinore -2-