HomeMy WebLinkAbout7689 - Obligate Topics ApportionmentsRESOLUTION NO,y��
A RESOLUTION OF THE CITY COUNCIL OF THE
CITY OF NEWPORT BEACH EXPRESSING ITS
INTENT TO OBLIGATE 1971/72 AND 1972/73
TOPICS APPORTIONMENTS
WHEREAS, the City of Newport Beach has received
notification from M
Works, by letter to
that Federal TOPICS
of Newport Beach in
1971/72 fiscal year
year; and
. James A. Moe, State Director of Public
the City Council, dated March 23, 1972,
funds have been apportioned to the City
the amounts of $38,803.00 for the
and $38,803.00 for the 1972/73 fiscal
WHEREAS, the City must exercise one of four options
or combinations thereof with respect to the acceptance or
rejection of its TOPICS apportionment as outlined in
Exhibit "A" attached, prior to 60 days from March 23, 1972
and
NOW, THEREFORE, BE IT RESOLVED, that the City of
Newport Beach elects to expend the $77,606.00 of TOPICS
funds apportioned to the City in each of the 1971/72 and
1972/73 fiscal years for both (Option A) improvement pro-
jects, and (Option C) assignment of funds to other agencies.
s
ADOPTED this 8th day of May 19 72.
l
Mayor
ATTEST:
ity Clerk
go/ IFIED AS THE GIPIq
QE88 CLERK OF THE CITY OF HE ORT BEACH
9A% - _ &( -12
997
DON:ep
5/2/72
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1 'A
EXHIBIT
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4
{ 1971/72 AND 1972/73
TOPICS APPORTIONMENT
i OPTIONS
Itl A. Funds to be expended by Agency for a stated purpose
{ (for study, improvement projects, or both).
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'B. '. Agency desires to accumulate funds and combine them
with another fiscal year's apportionment for use by
that Agency in financing a more substantive program.
This to meet the requirements set forth in Item 2.
{ - Co Agency desires to assign funds to another agency within
an urban area using cooperative agreement procedures
assignment to be subject to review and recommendation
by involved Coordinating Agents and to approval by
i Department. (Copy of agreement or reciprocal resolu-
{,. .tions, together with Coordinating Agent's recommendation,
are to be furnished Department.)
D.. Agency will release funds to Department by official
action of its governing body for redistribution.
Agency's release may be made with or without
recommendations regarding the redistribution.
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