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HomeMy WebLinkAbout23932 RESOLUTION NO. 23932 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PALM SPRINGS, CALIFORNIA, AMENDING THE BUDGET FOR FISCAL YEAR 2015-2016 TO APPROPRIATE $1,045,467 PLUS ACCRUED INTEREST FOR THE CONVENTION CENTER PARKING LOT IMPROVEMENTS (CP 14-09). A6802. WHEREAS, Resolution No. 23838 approving the Budget for the Fiscal Year 2014-2015 was adopted on June 17, 2015; and WHEREAS, the City Manager has recommended, and the City Council desires to approve, certain amendments to the budget for Fiscal Year 2015-2016. NOW, THEREFORE THE CITY COUNCIL DETERMINES, RESOLVES AND APPROVES AS FOLLOWS: SOURCE(S): Fund Activity Account Amount 880 Fund Balance $1,045,467 2007 Bond (plus accrued Proceeds #2 interest) ADDITION(S): Fund Activity Account Amount 880 TBD New Account $1,045,467 2007 Bond (plus accrued Proceeds #2 interest PURPOSE: Appropriation of unexpended 2007 Series C Tax Allocation Bonds for the Convention Center Parking Lot Improvements, City Project No. 14-09. ADOPTED THIS 4T" DAY OF NOVEMBER, 2015. David H. Ready, City ager ATTEST: ames Thompson, City Clerk Resolution No. 23932 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. 23932 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 the 4th day of November, 2015, by the following vote: AYES: Councilmember Foat, Councilmember Hutcheson, Councilmember Mills, Mayor Pro Tem Lewin, and Mayor Pougnet. NOES: None. ABSENT: None. ABSTAIN: None. mes Thompson, City Clerk City of Palm Springs, California 1