Loading...
HomeMy WebLinkAboutCC RES 76-011RESOLUTION NO. 76-11 A RESOLUTION OF THE CITY COUNCIL OF ?HE C2?Y dF PALM D SSRT, CALIFORNIA. AUTEiORiZINC A LOA[ I OF NO? ?0 . EXC68D $23,400 OF GBNERAL FUND lDNEY TO THE DOt4![JNITY D VBLOPl I R Fl1ND. ' i1HERF.AS. the 19 5•76 budget anticipates zeceipt of a grant fror the Dtpast ent of Nou ting and Co mit Development in an t not to acceed 11+enty-three Thouaand Four Hundred Dollars ($23,400.00). to pay the costs of conducting a Special Census and to pay the coat of updating the Master Drainage Plan. and; WEiERF.AS, the procedures prescribed by the Department of Housing and Cammuaity Development and the Riverside County Department of Develop ent provide that the Grant aill be paid to the City as reim- bursement for the costs of said Cenaus and Drainage Plan update costs; N01i, THEREFORE. BE IT R 50LVED, that the transfez of a sum not to exceed Twenty-three Thousand Four Hundred Dollars (523.400.00) fmm the General Fund to the Co unity Development Fund is herebp authorized. Said transfer shall be carried on the Citq'a books as a loan from the CoIImunity Development Fund and shall be repaid as grant reimbursements are received from the Riverside County Depazt- nent of Development. The City Clerk shall certify to the passage and adoption of this Resolution; enter the same in the book of original minutes of the meeting at vhich the same is passed and adopted. PASSED. APPROVED and ADOPTED by the City Council of the City of Palm Desert this ' 22nd day of Januar . 1976, by the follo +- iag v ote: AYES: ASTON, BENSON, BRt;SH. 1[cPHERS01 d CLARS NOES: NONE ABSENT: NONE ATfEST: . • , ty er City of Pals Desert, Califoraia