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HomeMy WebLinkAbout17424 - RESOLUTIONS - 2/6/1991 RESOLUTION NO. 17424 OF THE CITY COUNCIL OF THE CITY OF PALM SPRINGS, CALIFORNIA, AMENDING THE BUDGET FOR THE 1990-91 FISCAL YEAR. WHEREAS Resolution 17193 approving the budget for the fiscal year 1990-91 was adopted on July 11 , '1990 ; and WHEREAS the City Manager has recommended, and the City Council desires to approve , certain amendments to said budget; NOW THEREFORE BE IT RESOLVED that the Director of Finance is authorized to record inter-fund cash transfers as required in accordance with this Resolution, and that Resolution 17193, adopting the budget for the 1990-91 fiscal year is hereby amended as follows: SECTION 1 . ADDITIONS FUND ACTIVIITY ACCOUNT AMOUNT No. 811 301 $210,850 Title: Central Business District Fund Balance Capital Projects Purpose : - SECTION 2. SOURCE / Loan from Parking Fund, interest at 8% to be repaid from tax increment. FUND ACTIVITY ACCOUNT AMOUNT No. 131 301 $210,850 Title: Parking Fund Fund Balance Adopted this 6th day of February 1991 AYES: Councilmembers Broich, Hodges, Murawski , Neel and Mayor Bono NOES: None ABSENT: None ATTEST: CITY OF ;PALM SPRINGS, CALIFORNIA By --Ca City C er City Manager REVIEWED & APPROVED_ £