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CC - 1960 - 58 - Expenditure of Gas Tax Allocation• RESOLUTION NO. SO-58 0 A RESOLUTI0,1 OF THE CITY COUNCIL OF THE CITY OF ROSEiiEAD ADOPTING BUDGET AMD APPROVING i-iEhiORANOUIs OF AGREUIEOT FOR EXPENDITURE OF GAS TAX ALLOCATION FOR <IAJOR CITY STREETS. WHEREAS, a memorandum of agreement has been presented to be entered into with the State of California in accordance with a project statement submitted by the City of Rosemead for expenditure of the gas tax allocation to cities for the fiscal year 1960-61, and WHEREAS, the city council has heard read said agreement in full and is familiar with the contents thereof; THEREFORE, be it resolved by the city council of the City of Rosemead that said project statement be and it is hereby adopted as the budget of proposed expenditures of the gas tax allocation to cities, and said agreement be and the same is hereby approved and the mayor and the city clerk are directed to sign the same on behalf of said City, said agreement to be binding upon the City upon its execution by the authorized officials of the State.' ADOPTED this 23 day of August, 1960. MAYOR F T IT OF R SE AD IT CLERK OF THE CITY OF ROS A