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HomeMy WebLinkAbout21271 - RESOLUTIONS - 5/18/2005 RESOLUTION NO. 21271 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PALM SPRINGS, CALIFORNIA, AUTHORIZING THE ESTABLISHMENT OF A NEW SPECIAL REVENUE FUND TO BE CALLED THE NEIGHBORHOOD INVOLVEMENT FUND AND AUTHORIZING THE DIRECTOR OF FINANCE TO CREATE THE APPROPRIATE ACTIVITIES (COST CENTERS) AND ACCOUNT NUMBERS WHEREAS, the City has adopted the Office of Neighborhood Involvement Ordinance; and WHEREAS, one of the provisions of the Ordinance is the establishment of a Fund to accept tax deductible contributions and to account for the expenditures; and WHEREAS, the most efficient method of segregating the revenue and expenditures is to record the transactions in a separate fund. THE CITY COUNCIL OF THE CITY OF PALM SPRINGS DOES HEREBY RESOLVE AS FOLLOWS: SECTION 1. To create a new special revenue fund to be called the Neighborhood Involvement Fund. i SECTION 2, To direct the Director of Finance & Treasurer to record the appropriate receipts and expenditures in this fund. SECTION 3. To authorize the Director of Finance & Treasurer to create the appropriate activities (cost centers) and account numbers, as necessary. i ADOPTED THIS 18th day of May, 2005. I David H. Ready, bty-V'annager ATTEST: Ja' es Thompson, City'Clerk Kesolutlon No. Z12/1 Page 2 CERTIFICATION STATE OF CALIFORNIA ) COUNTY OF RIVERSIDE ) ss. CITY OF PALM SPRINGS ) I, JAMES THOMPSON, City Clerk of the City of Palm Springs, hereby certify that Resolution No. 21271 is a full, true and correct copy, and was duly adopted at a regular meeting of the City Council of the City of Palm Springs on May 18, 2005, by the following vote: AYES: Members Foat, Mills, McCulloch, Pougnet and Mayor Oden NOES: None ABSENT: None ABSTAIN: None Thompson, City Jerkyes of Palm Springs, California