HomeMy WebLinkAbout18410 - RESOLUTIONS - 6/15/1994 RESOLUTION NO. 18410
OF THE CITY COUNCIL OF THE CITY OF PALM
SPRINGS, CALIFORNIA, AMENDING THE BUDGET FOR
THE 1993-94 F.ISCAL YEAR.
WHEREAS Resolution 18129 , approving the budget for the fiscal year
1993-94 was adopted on Tune 23 , 1993; 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 18129,
adopting the budget for the 1993-94 fiscal year is hereby amended
as follows:
SECTION 1. ADDITIONS
FUND Activity Account Amount
No. 171 0770 4111 Salary Changes 20,000
4350 Contract Svc. 50,000
4353 Contract Legal 30,000
4401 Contingency 100,000
4501 Land 300,000
Title: 7890 Railroad Station ,800,000
Railroad Station Station Site
Development
Purpose: To establish a Capital Projects Fund to track the revenues and expenses '
related to the development of the Train Station Site.
SECTION 2 . SOURCE State Grant of $1,150,000; transfer of Wastewater
Treatment Plant loan from Fund 161 to Fund 171
FUND Activity Account Amount
No. 161 0496 7890 $ L,150,000
Capital Projects Land Acquisition Railroad Station
Fund
171
RailTitle:road Station 3584 1,150,000
Transportation
Grant
Adopted this 15th day of June 1994 . '
AYES: Members Hodges, Lyons , Reller-Spurgin, Schlendorf and Mayor Maryanov
NOES: None
ABSENT: None
ATTEST: CITY F^ PALM SPRIN ALIFORNIA
By
amity Clerk ff City n ger
REVIEWED AND APPROVEDL�