HomeMy WebLinkAbout22344 - RESOLUTIONS - 9/17/2008 RESOLUTION NO. 22344
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
PALM SPRINGS, CALIFORNIA, AUTHORIZING THE
ESTABLISHMENT OF A NEW FUND TO BE TITLED THE
ENERGY EFFICIENCY LOAN PROGRAM FUND AND THE
CREATION OF APPROPRIATE ACTIVITIES, COST
CENTERS, AND ACCOUNT NUMBERS, AMENDING THE
BUDGET FOR FISCAL YEAR 2008-09 TO FUND THE
ENERGY EFFICIENCY LOAN PROGRAM.
WHEREAS, the City desires to establish an Energy Efficiency Loan Program, pursuant to
recently adopted AB811, and fund the program; and
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 AS FOLLOWS:
SECTION 1. Authorizes the Director of Finance and Treasurer to create a new special
fund to be titled the "Energy Efficiency Loan Program Fund," and directs the Director of
Finance and Treasurer to record the appropriate receipts and expenditures in this fund.
SECTION 2. Authorizes the Director of Finance and Treasurer to create the appropriate
activities, costs centers and account numbers as appropriate.
SECTION 3. Directs the Director of Finance 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 4. ADDITIONS
Fund Activity____ Account Amount
130 1290 58011 $500,000
Energy Efficiency Loan Energy Efficiency Energy Efficiency
Program Fund Loan Program Loan Program
SECTION 5. ADDITIONS
Fund Activity Account Amount
125 29361 $500,000
Recycling Reserve for
Diversion Facility
Resolution No. 22344
Page 2
PURPOSE: To initially fund the Energy Efficiency Loan Program-
ADOPTED THIS 17TH DAY OF SEPTEMBER, 2008.
David H- Ready,.Q i9Fan g r
- ATTEST:
J 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. 22344 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 17th day of September, 2008
by the following vote:
AYES: Councilmember Hutcheson, Councilmember Mills, Councilmember Weigel,
Mayor Pro Tem Foat, and Mayor Pougnet.
NOES: None.
ABSENT: None.
ABSTAIN: None.
/mes Thompson, City Clerk f��fzaa�
L/City of Palm Springs, California