HomeMy WebLinkAbout20281 - RESOLUTIONS - 2/20/2002 RESOLUTION NO. 20281
' OF THE CITY COUNCIL OF THE CITY OF PALM SPRINGS,
CALIFORNIA,AMENDING THE BUDGET FOR THE 2001-02
FISCAL YEAR.
WHEREAS Resolution 20062 approving the budget for the fiscal year 2001-02 was adopted
on June 6, 2001; 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
20062, adopting the budget for the 2001-02 fiscal year is hereby amended as follows:
SECTION 1. ADDITIONS
Fund Activity Account Amount
001 12416 $616,785
General Fund Redevelopment
Agency Loans
Receivable
' Purpose New Loan to Merged Area#1 Capital Projects to cover on-going costs, and
the cost of the Desert Shadows OPA.
SECTION 2. SOURCE Merged Area #1 is concurrently paying back $616,785 in
loans from the General Fund,
FUND Activity Account Amount
811 29301 $616,785
Merged Area#1 Fund Balance
Capital Project
Adopted this 20thday of February , 2002.
AYES: Members Oden, Rell.er—Spurgin and Mayor Kleindienst
NOES: None
ABSENT: None
ABSTAIN: Member Mills
A�):ES-T: CITY OF PALM SPRINGS, CALIFORNIA
L
City Clerk City Mann§er
REVIEWED AND APPROVED
I y A