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HomeMy WebLinkAbout23765 RESOLUTION NO. 23765 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PALM SPRINGS, CALIFORNIA, AMENDING THE BUDGET FOR FISCAL YEAR 2014-15 TO PROVIDE AN ADDITIONAL $71,500 FOR THE COACHELLA VALLEY INNOVATION HUB PROGRAM. WHEREAS, Resolution No. 23560 approving the budget for the Fiscal Year 2014-15 was adopted on June 4, 2014; and WHEREAS, the City Manager has recommended, and the City Council desires to approve, certain amendments to said budget. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF PALM SPRINGS DOES HEREBY RESOLVE that the Director of Finance is authorized to record inter- fund cash transfers as required in accordance with this Resolution, and that Resolution No. 23560, adopting the Fiscal Year 2014-15 budget is hereby amended as follows: SECTION 1. ADDITIONS Fund Activity Account Amount 001 1400 54095 $71,500 General Fund Com & Economic PS I-Hub Development Purpose: Establish funding for SECTION 2. SOURCE Fund Activity Account Amount 001 29031 $71,500 General Fund Fund Balance ADOPTED THIS 4T" DAY OF FEBRUARY, 2015. �i David H. Ready, Ci ger ATTEST: games Thompson, City Clerk Resolution No. 23765 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. 23765 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 4T" day of February, 2015, by the following vote: AYES: Councilmember Foat, Councilmember Hutcheson, Councilmember Mills, Mayor Pro Tern Lewin, and Mayor Pougnet. NOES: None. ABSENT: None. ABSTAIN: None. mes Thompson, City Clerk City of Palm Springs, Californiaolffl�o'7Zo1-5