HomeMy WebLinkAbout19364 - RESOLUTIONS - 9/16/1998 RESOLUTION NO. 19364
OF THE CITY COUNCIL OF THE CITY OF PALM
SPRINGS, CALI'FORNIA, AMENDING THE BUDGET FOR
THE 1998-99 FISCAL YEAR.
WHEREAS Resolution 19268 , approving the budget for the fiscal year
1998-99 was adopted on June 3 , 1998 ; 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 19268,
adopting the budget for the 1998-99 fiscal year is hereby amended
as follows:
SECTION 1 . ADDITIONS
FUND Activity Account Amount
No• 921 101 $678,923.64
Title:
Plaza Theatre Cash
Purpose: To provide cash in the Plaza Theatre Fund for the purchase of the Plaza Theatre via the
transfer of the Monte Vista Hotel note to the General Fund '
SECTION 2 . SOURCE
FUND Activity Account Amount
No. 111 118 $I578,923.64
Title:
General Fund Notes Receivablia
Adopted this 16th day of September 1998 .
AYES: Members Barnes, Hodges, Reller-Spurgin & Mayor Kleindienst
NOES: None
ABSENT: Member Oden '
ATTEST: CI CQgF PALM SP G CALIFORNIA
B - /
�' City Clerk City anacyer
REVIEWED AND APPROVED AS TO FORM