HomeMy WebLinkAboutCC RES 77-122RESOLUTI011 N0. 77-122
A RESOLlRION OF THE CITY COUNCIL OF THE CITr OF PALM
pESERT. CAL!FORlIIA. AUTFIORtZING ANO OIRECTIttG A lOAN
IN THE Al�UNT OF 518.905 TO THE SUNLINE ?RANSIT AGENCY
MIEREAS. the C�ty Council of the Ctty of Paln� Oese�t, W1lfornia, is
� artltip�nt 1n the Sunllne Transit Agency's proq�a� of bus service to the !
LacAetl� Yaller. �nd:
ylNEitE11S� the Sunllne Translt Agency is in need of operating funds
p�icr to recelAt of Lotal Tra�spo�tatio� Fund allaattons and other revenues.
}IOM� THEREfORE. BE IT RESOlYEO by the City Council of the City of Palm
Oesert, Gtifornta. that:
1, TAe 0lrector of Finance is hereby authoriteE and directed to make
��oan 1n tl�e anaunt of 516.905 to the Suntine Transit Agency.
2. The saSh coan sfiall be paid fran tfie unapproprtated fu�d balance
of the 6enera{ Fund.
PASSED. APPROYED. and ADOPTED by the City Councll of the tity of Palm
Desert. California. on thls 21th day of October . 1971,
pr the follaring vote. to xit:
AYfS: 8rosh, Mewbrander. Nilson 5 Mullins
NOES: �
ABSENT: 1�cPherson
AB$TAIN: ��
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D 0. MULL N5, .r
ATTFST:
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C11r Of PALM DESERT, CALIfORNIA ,