HomeMy WebLinkAbout20084 - RESOLUTIONS - 6/20/2001 RESOLUTION NO. 20084 ,
OF THE CITY COUNCIL OF THE CITY OF PALM SPRINGS,
CALIFORNIA,AMENDING THE BUDGET FOR THE 2000-01
FISCAL YEAR.
WHEREAS Resolution 19817 approving the budget forthe fiscal year 2000-01 was adopted
on June 21, 2000; 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
19817, adopting the budget for the 2000-01 fiscal year is hereby amended as follows:
SECTION 1. ADDITIONS
FUND Activity Account Amount
No. 001 12416 $300,000
Title: General Fund Redevelopment
Agency Loans '
Receivable
Purpose: New loan to Merged Area#1 Capital Project to cover on-going administration
costs at 6%, effective 6/21/01.
SECTION 2. SOURCE Merged Area #1 is concurrently paying back $300,000 in
loans from the General Fund.
FUND Activity Account Amount
No. 811 29301
$300,000
Title: Merged Area#1
Capital Project Fund Balance
Adopted this 20th day of June 12001
AYES: Members Hodges, Oden, Reller-Spurgin and Mayor Kleindienst
NOES: Member Jones
ABSENT: None
P��FEST: CITY OF PALM SPRINGS, CALIFORNIA
City Clerk City Manager
REVIEWED AND APPROVED AS TO FORM