HomeMy WebLinkAbout22656 RESOLUTION NO. 22666
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
PALM SPRINGS, CALIFORNIA, AMENDING THE BUDGET
FOR THE 2009-10 FISCAL YEAR.
WHEREAS, Resolution No. 22531 approving the budget for the Fiscal Year 2009-10
was adopted on June 17, 2009; 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.
22531, adopting the Fiscal Year 2009-10 budget is hereby amended as follows:
SECTION 1, ADDITIONS
Fund Activit Account Amount
No. 001 12416 $545,000
General Fund Redevelopment
Agency Loan
Receivable I
Purpose: Establish funding for new loan to Merged Area #2 Capital & Admin to cover on-
going costs.
SECTION 2. SOURCE: Merged Area #2 is concurrently repaying $545,000 in loans
from the General Fund.
Fund Activity Account Amount
No 812 29301 $545,000
Merged Area #2 Fund Balance
Capital & Admin
ADOPTED this 20th day of January, 2010,
David H. Ready, City ger
ATTEST:
ames Thompson, City Clerk
Resolution No. 22656
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. 22656 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 20th day of January, 2010, by
the following vote:
AYES: Councilmember Foat, Councilmember Mills, Councilmember Weigel, Mayor
Pro Tem Hutcheson and Mayor Pougnet.
NOES: None.
ABSENT: None.
ABSTAIN: None.
mes Thompson, City Clerk �� 8rok�
City of Palm Springs, California