HomeMy WebLinkAbout21491 - RESOLUTIONS - 1/18/2006 RESOLUTION NO. 21491
' A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
PALM SPRINGS, CALIFORNIA,AMENDING THE BUDGET FOR
THE FISCAL YEAR 2005-06.
WHEREAS Resolution 21283 approving the budget for the fiscal year 2005-06 was adopted
on June 8, 2005; 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
21283, adopting the budget for the 2005-06 fiscal year is hereby amended as follows:
SECTION 1. ADDITIONS
Fund Activity Account Amount
NIo. 001 12416 $400,000
General Fund Redevelopment
Agency Loans
Receivable
Purpose: New loan to Merged Area #2 Capital & Admin to cover on-going costs.
SECTION 2. SOURCE Merged Area #2 is concurrently paying back $400,000 in loans
from the General Fund.
Fund Activity Account Amount
NIo. 812 29301 $400,000
Merged Area #2 Fund Balance
Capital & Admin
ADOPTED this 18" day of January, 2006.
David H. Ready,Cit�- Manager
ATTEST:
Jd es Thompson, City Clerk
Resolution No. 21491
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. 21491 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 January 18, 2006, by the following vote:
AYES: Councilmember McCulloch, Councilmember Mills, Councilmember Pougnet,
Mayor Pro Tem Foat, and Mayor Oden
NOES: None
ABSENT: None
ABSTAIN: None
es Thompson, City Clerk
ity of Palm Springs, California