HomeMy WebLinkAboutResolution 8581 N.C.S. 06/25/1979ry PLK:!a 7-20-79
Resolution No ........ 85:81... .;;VN. C. S.
RE&OL" UTION' ENCOURAGI'NG ` lPEND''LTURE OF INCOP1E " FROM
THE, THOMAS LEE C"AWI'TY 'FUND
INTRODUCED BY COUNCILMAN----------- -----_---------- P&tr_.ca a.,H.i.l.]; gos� ---.. --- ---- ................ ---- .. ......... ...-._..-:and
} SECONDED BY COUNCIL1vIA t-----------•---_---- _- &.:__Rn1�►a-d H'oad ata
---- ....-----•...................•--•••......---reg4l ar_.,adj-o`&- ie.d-----------------•---= --- . ......-.Meeting of the City Council of the
.City of Petaluma, on the ............ 2.5th...........day "of ...................... Jwie ........ . ...... ---- •-------.................19 ... 7.q
WHEREAS, on. December '1, 1941•,, by Reso.1 uti on No. 5332, C,. 4S. the City, of Petaluma
accepted a bequest from 'Thomas Lee, deceased, in trust for certain charitable pur-
poses; and,
WHEREAS, through the y,e"a�,rs , qualIf ed applicant's `for relieffrom said fund
have failed to apply for su,ffd
a ent funds to utilize .the earnings ,therefrom; and,
WHEREAS, said. f.und'.h
as "now qrown•to substantial proportions, due to said
Tn'abi,l i°ty ,to, fully utilize. the earning : therefrom, an,d s.,a'i-d °fund' produces a sub-
stanti.al yearly income,
NOW, THEREFORE, BE IT 'RE -,,.SOLVED that. it is the, pol'i`cy. o:f. the ,City Council as
admi'nistra'tor of said fund to. s,ee,k' to :ot.ilze thea entire annual, earnings from said
fund for the benefit o'f qua`li'fied ,ap,pl_i'caats,, and, th'e C,ommit,tee desi.gn;ated to
admin'i.ster said fund 7ft so encouraged.
under the °power and authority. conferred upon this Council.'bthe Charter of',said City:
I hereby certi£ that the fore' om .Resolution was duly and regularly ntroduced and '
adapted by they Council of. the City of Petaluma,,'`on the __._ h.............................
day- of: _dune ----..-................................. 1979 .-_._....by the following votes:
AYES:g y Y LL 9' s
Councilman Bond, Ca�van'a h,. Daly, :Harbe'rson and. "Mayor H'- l i os
NOES: None
ABSENT: Co IT wand ;Perry
ATTEST s
. ,. City Clerk - - —_ -• Mayo
FORW'CA