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06921 1 1 RESOLUTION NO. 692 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ROLLING HILLS, CALIFORNIA, ASSIGNING TO THE CITY OF ROLLING HILLS ESTATES, CALIFORNIA, ITS AVAILABLE PROPOSITION C FUNDS. WHEREAS, the City of Rolling Hills has a fund balance $16,911 in Proposition C Local Return Funds; and WHEREAS, the City of Rolling Hills Estates is planning public street improvements qualifying for funding with Proposition C Local Return Funds; and WHEREAS, the City of Rolling Hills has a general interest in street improvement projects in the City of Rolling Hills Estates. NOW, THEREFORE, the City Council of the City of Rolling Hills, California, does hereby resolve as follows: Section 1. The City of Rolling Hills hereby assigns to the City of Rolling Hills Estates the sum of $16,911 of the available City of Rolling Hills Proposition C Funds to assist in the cost of such street improvement projects. . Section 2. The City Clerk shall certify to the adoption of this Resolution and shall forward certified copies to the Los Angeles County Transportation Commission and the City of Rolling Hills Estates. Section 3. The City Manager is hereby directed and authorized to execute any necessary documents, including but not limited to agreements, amendments, forms, applications, etc., to follow through with the exchange of funds. APPROVED AND ADOPTED THIS 9th day of November, 1992. ATTEST: Deputy City Clerk for CRAIG RV NEALIS, CITY CLERK I HEREBY CERTIFY that the foregoing Resolution No. 692 was duly adopted by the City Council of the City of Rolling Hills at a regular meeting thereof held on the 9th day of November, 1992, by the following vote: AYES: Councilm'embers Leeuwenburgh, Pernell, Heinsheimer, Mayor Pro Tem Murdock, Mayor Swanson. NOES: None ABSTAIN: None ABSENT: None . /C jj/"i'' Deputy City Clerk f or CRAIG R.6NEALIS, CITY CLERK