HomeMy WebLinkAboutCC RES 79-061RESOLUTION N0. 79- 61
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PALM DESERT,
CALIFORNIA, AMENDING THE BUDGET FOR THE 1978/79 FISCAL YEAR
TO PROVIDE FOR APPROPRIATIONS TO SPECIFIED CAPITAL IMPROVE-
MENT RESERVE FUNDS FOR IMPROVEMENTS EXPECTED TO BE CONSTRUCTED
IN FUTURE YEARS.
WHEREAS, the City has accumulated unobligated fund balances in
certain funds with the intention that they be used for certain major improve-
ments in future fiscal years; and
WHEREAS, it is desirable to specifically designate the amounts and
purposes of these capital improvement reserves;
NOW, THEREFORE BE IT RESOLUED by the City Council of the City of
Palm Desert, California that the budget for the 1978/79 fiscal year be amended
as follows:
1. The sum of �1,220,000.00 is hereby appropriated from the Unobligated
Fund Balance of the General Fund to:
A. A Capital Improvement Reserve Fund for the construction of a
civic center, the sum of �1,090,000.00;
B. A Capital Improvement Reserve Fund for the improvement of 44th
Avenue from the Palm Valley Channel to San Pascual, the sum of $100,000.0�;
C. A Capital Improvem�nt Reserve Fund for the construction of a
bike path along Route 74 from Homestead to E1 Paseo, the sum of 530,000.00.
2. The sum of $815,000.00 is hereby appropriated from the Unobligated
Fund Balance of the New Construction Tax Fund to a Capital Improvement Reserve
Fund for the construction of a civic center, the sum of $815,000.00.
PASSED, APPROVED, and ADOPTED this 14th day of June
by the following vote, to wit:
AYES :
NOES:
ABSENT:
McPherson, Newbrander, Wilson & Mullins
None
Brush
ABSTAIN: None
ATTEST:
, 1979,
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_ R D. LIPlS, MAYOR
SHEILA R. GILLIG , CITY CLER
CITY OF PALM DESERT, CALIFOR