HomeMy WebLinkAbout19487 - RESOLUTIONS - 3/17/1999 RESOLUTION NO. 19487
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 crash 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. 842 8282 49625 $1001000
Title:
Tahquitz-Andreas Tahquitz-Andreas City Loan Principal
Purpose: Pay back portion of May, 1987 loan from General Fund at 7% ,
effective 4/1/99
SECTION 2 . SOURCE Surplus funds from Tax Increment have accumulated in Fund
Balance.
FUND Activity Account Amount
No.
001 12416 $1001000
Title:
General Fund Redevelopment Agency
Loans Receivable
Adopted this 17th day of Mn h 1999 .
AYES: Members Barnes, Hodges, Oden, Reller-Spur in and Mayor Kleindienst
NOES: None
ABSENT: None
ATTEST: CIT RIN ORNIA
S QCALIF '
T
BY Cl ��� L,`�'1 ;
,) city Clerk City M Hager
REVIEWED AND APPROVED AS TO FORM a' je�z
I S F