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HomeMy WebLinkAbout1/5/2011 - STAFF REPORTS - 2.I. RESOLUTION NO. 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. ADOPTED THIS 5TH DAY OF JANUARY, 2011. David H. Ready, City Manager Item No. 2 . ) . Resolution No. Page 2 ATTEST: James 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. 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 , by the following vote: AYES: NOES: ABSENT: ABSTAIN: James Thompson, City Clerk City of Palm Springs, California