HomeMy WebLinkAbout22435 - RESOLUTIONS - 2/18/2009 RESOLUTION NO. 22435
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
PALM SPRINGS, CALIFORNIA, AMENDING THE BUDGET
FOR FISCAL YEAR 2008-09.
WHEREAS, Resolution No. 22265 approving the budget for the Fiscal Year 2008-09 was
adopted on June 18, 2008; 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_ 22265,
adopting the Fiscal Year 2008-09 budget is hereby amended as follows:
SECTION 1. ADDITIONS
Fund Activity Account Amount
261 Capital Project 1395 City Facility 63574 Marriott $855,000
Improvement Reservation
System
Purpose: Establish funding for partial advance call on Land Purchase note for Village
Green.
SECTION 2. SOURCE: Transfer of$855,000 from General Fund to Capital Project
Fund. The City made a partial advance call on a note receivable from the CRA to cover
this transfer.
Fund Activity Account Amount
001 General Fund 29301 $855,000
Fund Balance
ADOPTED this 18th day of February, 2009.
Tom Wilson,,/ASting City Manager
ATTEST: '
as Thompson, City Clerk
Resolution No. 22435
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. 22435 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 181" day of February, 2009
by the following vote:
AYES: Councilmember Foat, Councilmember Hutcheson, Councilmember Weigel,
and Mayor Pougnet.
NOES: None.
ABSENT: Mayor Pro Tern Mills.
ABSTAIN: None.
?mes Thompson, City Clerk
f Palm Springs, California a2!�Se2�nR