HomeMy WebLinkAbout18374 - RESOLUTIONS - 4/20/1994 RESOLUTION NO. 18374
OF THE CITY COUNCIL OF THE CITY OF PALM
SPRINGS, CALIFORNIA, AMENDING THE BUDGET FOR
THE 1993-94 FISCAL YEAR.
WHEREAS Resolution 18129, approving the budget for the fiscal year
1993-94 was adopted on June 23 , 1993 ; and
WHEREAS the City Mgnager 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 18129,
adopting the budget for the 1993-94 fiscal year is hereby amended
as follows:
SECTION 1. ADDITIONS
FUND Activity Account Amount
No. 345 285 $419,000
Title:
Golf Capitalized Notes Payable
Interest
Purpose: To provide funds for the payment of the May, 1994 debt service on
the Golf Course Expansion Project. The loan will be repaid by 6/30/95 at
47 annual interest.
SECTION 2 . SOURCE
FUND Activity Account Amount
No. 342 118 $419,000
Title:
Wastewater Treatment Notes Receivable
Plant
' Adopted this 20th day of _ April 1994 -
AYES: Members Hodges, Lyons, Schlendorf and Mayor pro tem Reller-Spurgin
NOES: None
ABSENT: Mayor Maryanov
ATTEST, CIT OF SPR CALIFORNIA
By�
\k_�/ City Clerk �J City M n er
REVIEWED AND APPROVED (/rG�