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HomeMy WebLinkAbout20716 - RESOLUTIONS - 9/3/2003 ' RESOLUTION NO. 20716 OF THE CITY COUNCIL OF THE CITY OF PALM SPRINGS, CALIFORNIA, ESTABLISHING A SPECIAL PROJECTS FUND. WHEREAS, Resolution No. 18982, establishes certain policies pertaining to budget processes; and WHEREAS, the City Council must approve the creation of any new accounting Funds; and WHEREAS, it is prudent to have an accounting structure in place to track revenue and expenses associated with developers, property owners or others who are paying for the required legal, environmental and other reviews of their projects. NOW THEREFORE BE IT RESOLVED by the City Council of the City of Palm Springs, California, as follows: / Section 1. Establishment of Special Projects Fund The Special Projects Fund is hereby established, as a new Fund in the Special ' Revenue Group of City funds, and the Director of Finance & Treasurer is directed to create the appropriate accounting structure. ADOPTED this 3rd day of September 2003. AYES: Members Hodges, Mills, Oden, Reller—Spurgin and Mayor Kleindienst NOES: None ABSENT: None ATTEST: CITY OF PALM SPRINGS, CALIFORNIA City Clerk City Man ger REVIEWED &APPROVED AS TO FORM