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HomeMy WebLinkAbout18888 - RESOLUTIONS - 9/4/1996 RESOLUTION NO. 18888 OF THE CITY COUNCIL OF THE CITY FOF PALM SPRINGS, CALIFORNIA, AMENDING THE BUDGET FOR THE 1996-97 FISCAL YEAR. WHEREAS Resolution 18840, approving the budget for the fiscal year 1996-97 was adopted on June 19, 1996; 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 18840, adopting the budget for the 1996-97 fiscal year is hereby amended as follows: SECTION 1. ADDITIONS FUND Activity Account Amount No. 366 0807 4350 $18,000 Title: Energy Muni Complex Cogen Contractual Services ' Purpose: To provide funds for adjustment to SCE Power Purchase Contract SECTION 2 . SOURCE FUND Activity Account Amount No. 366 302 $18,000 Title: Energy Retained Earnings ' Adopted this 4th day of September 1996., AYES: Members Barnes, Hodges, Oden, Spurgin and Mayor Kleindienst NOES: None ABSENT: None ATTEST: CITY O P SPRI ALIFORNIA By J City Clerk - C��ity ager REVIEWED AND APPROVED AS TO FORM I/{°�