HomeMy WebLinkAbout19484 - RESOLUTIONS - 3/17/1999 RESOLUTION NO. 19484
OF THE CITY COUNCIL OF THE CITY OF PALM
SPRINGS, CALIFORNIA, 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.
001 12416 $18,000
Title:
General Fund Redevelopment Agency
Loans Receivable
Purpose: New loan to Ramon-Bogie Redevelopment Project Area to cover
administration costs at 6%, effective 4/l/99
Project Area #9 Redevelopment Area is concurrently paying
SECTION 2 . SOURCE back $72,500 on 1987 and 1988 loans
FUND Activity Account Amount
No.
804 29301 $18,000
Title:
Ramon-Bogie Fund Balance
Capital Project
Adopted this 17th day of March 1999.
AYES: Members Barnes, Hodges, Oden, Reller-Spurgin and Mayor Kleindienst
NOES: None
ABSENT: None
ATTEST-' / CI� LM S N S, CALIFORNIA
' -
By � I -
_,%City Clerk City Tanager
REVIEWED AND APPROVED AS TO FORM
1 �C-