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HomeMy WebLinkAbout18519 - RESOLUTIONS - 12/7/1994 RESOLUTION NO. 18519 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 4652 $67,917 Title: Community Promotion Special Events Interest Purpose: To provide funds for the repayment of the accrued interest on the 1988 $250,000 loan from the Wastewater Treatment Plant Fund to the Community Promotion Fund for the vintage car race concrete rails. SECTION 2 . SOURCE Disappropriation of Convention Center Operations Account FUND Activity Account Amount No. 112 0280 4359 ($ 67,917 ) Title: Community Promotion Convention Center Other contract Operations Services Adopted this 7th day of December , 1994 . AYES: Members Hodges, Kleindienst, Lyons, Reller-Spurgin and Mayor Maryanov NOES: None ABSENT: None ATTEST: Cjcy AL SP GS, CALIFORNIA i \ r-- By '_ r' �� l/ City Clerk Manag r REVIEWED AND APPROVED /16< _