HomeMy WebLinkAbout17806 - RESOLUTIONS - 3/4/1992 " RESOLUTION NO. 17806
OF THE CITY COUNCIL OF THE CITY OF PALM SPRINGS,
CALIFORNIA, APPROVING DESIGNATING THE PARKING FUND
AS AN ENTERPRISE FUND.
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WHEREAS, the City Council collects parking revenue in Fund 131 , the Parking In-Lieu Fund;
and
WHEREAS, the Parking Fund has been operating as a Special Revenue Fund; and
WHEREAS, designating the Parking Fund as an Enterprise Fund will enhance the City's ability
' to administer these funds,
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Palm Springs,
California that the Parking Fund, be redesignated from a Special Revenue Fund to the Parking
Enterprise Fund.
ADOPTED this 4th day of March 1992.
" AYES: Councilmembers Broich, Hodges, Murawski , Neel and Mayor Bono
NOES: None
ABSENT: None
ATTEST: CITY OF PALM
SP RINGS LIFORNIA
BY:
City Clerk City ager
REVIEWED AND APPROVED:
Y
L
L
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