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HomeMy WebLinkAbout22852 RESOLUTION NO. 22852 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PALM SPRINGS, CALIFORNIA, APPROVING A BUDGET TRANSFER FOR FISCAL YEAR 2010-11. WHEREAS, Resolution No. 22714 approving the Budget for the Fiscal Year 2010-2011 was adopted on June 2, 2010; and WHEREAS, the City Manager has recommended, and the City Council desires to approve, certain amendments to the budget for Fiscal Year 2010-11. NOW THEREFORE THE CITY COUNCIL DETERMINES, RESOLVES AND APPROVES AS FOLLOWS: SECTION 1. The Director of Finance is authorized to record inter-fund cash transfers as required in accordance with this Resolution, and Resolution No. 22714, adopting the Budget for Fiscal Year 2010-11 is hereby amended as follows: ADDITION(S): Fund Activity Account Amount 117 2022 54105 $50,000 Economic Recovery Economic Recovery BID Support Plan Plan SOURCE(S): Fund Activity Account Amount 117 2022 50050 $50,000 Economic Recovery Economic Recovery Economic Recovery Plan Plan Holding PURPOSE: City support for the Business Improvement District. Resolution No. 22852 Page 2 ADOPTED THIS 5TH DAY OF JANUARY, 2011. 1�� David H. Ready, Ci ager ATTEST: mes Thompson, City Clerk 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. 22852 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 5th day of January, 2011, by the following vote: AYES: Councilmember Hutcheson, Councilmember Mills, Mayor Pro Tern Weigel, Mayor Pougnet. NOES: None. ABSENT: None. ABSTAIN: Councilmember Foat. Yityes Thompson, City Clerk a>t /�9 h®� f Palm Springs, California /