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HomeMy WebLinkAbout19674 - RESOLUTIONS - 10/20/1999RESOLUTION NO. 19674 OF THE CITY COUNCIL OF THE CITY OF PALM SPRINGS, CALIFORNIA, AMENDING THE BUDGET FOR THE 1999-00 FISCAL YEAR. WHEREAS Resolution 19541, approving the budget for the fiscal year 1999-00 was adopted on June 116, 1.999; 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 19541, adopting the budget for the 1999-00 fiscal year is hereby amended as follows: SECTION 1.. ADDITIONS FUND Activity No. 803 8183 Title: North Palm Canyon Project Purpose: North Palm Cnyn. Project Account Amount 65120 Desert Shadows OPA $60,000 Reimbursement of property acquisition costs, per OPA. SECTION 2. SOURCE FUND No. 001 Title: General Fund Adopted this 20th City loan to be repaid at 6% interest. Activity Account 12416 CRA Loans Receivable day of Ortnhar Amount $60,000 , 1999. AYES: Members Barnes, Hodges, Reller-Spurgin and Mayor Kleindienst NOES: None ABSENT: Member Oden ATTEST CITY `O.F PALM SP�2ThdG5, CALIFORNIA 6r � �/ ` By cs; City Clerk City(MVagerl REVIEWED AND APPROVED AS TO FORM /9% r l