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HomeMy WebLinkAbout18513 - RESOLUTIONS - 11/16/1994 RESOLUTION NO. 18513 OF THE CITY COUNCIL OF THE CITY OF PALM SPRINGS, CALIFORNIA, AMENDING THE BUDGET FOR THE 1994-95 FISCAL YEAR. WHEREAS Resolution 18409 , approving the budget for the fiscal year 1994-95 was adopted on June 15, 1994 ; 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 18409 , adopting the budget for the 1994-95 fiscal year is hereby amended as follows: SECTION 1. ADDITIONS FUND Activity Account Amount No. 112 0218 4651 200,000 I Title: Community Promotion Special Events Principal i Purpose: To appropriate funds for the repayment of the 11/88 loan from the Wastewater Treatment Plant for the Vintage Grand Prix race. SECTION 2 . SOURCE Dis-appropriation of funds in the Convention Center Administration activity clue to expected savings on LMI contract FUND Activity Account Amount No. 112 0280 4359 200,000 Title: Community Promotion Convention center Other Contract Administration Services 1 Adopted this 16th day of _November , 1994 . AYES: Members Hodges, Kleindienst, Lyons, Reller-Spurgin and Mayor Maryanov NOES: None ABSENT: None ATTEST: CI`1 PALM I G , CALIFORNIA ALP By City Clerk-'- -- Ci ger REVIEWED AND APPROVED J'� �