HomeMy WebLinkAbout1977-11-14 20 AF RESOLVEso Ar
1,tr d,ced by councilor Soucy, NoveMuer 14, 19]]
CITY OF BANGOR
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Ass stanc Payme is
By the City CoNro3 �tM CYgI1y NBouler:
R68CLVM, THAT WHEREAS the Public Works Act of 1976 (Public
Law 94-369) created a system of Antirecession Fiscal Assistance
payments to State and Local Governments, and
WHEREAS, the Act requires the obligating of funds received
within six (6) months of receipt, and
WHEREAS, the amount received to -date by the City exceeds the
amount budgeted by some 8354,590,
NOW THHHEFORE, be it RESOLVED, THAT the City Council designate
the above mentioned revenue as first monies spent together with
Federal Revenue Sharing entitlements ahead of all other sources
of revenue generated by the City.
STATEMENT OF FACT: The above action will put the City in
compliance with the six-month spending
requirement contained in the Act.
20 AF
IN CITY COUNCIL µco -
Navember 14, 1977
Passed. RES 0 L YE
7
Use of Federal Andre on Fiscal
Assistance Payments '/7 4 oil