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HomeMy WebLinkAboutCC RES 79-090RESOLUTION N0. 79- 90 A RESOLUTIO�! OF THE CITY COUNCIL OF THE CITY OF PALM DESERT, CALIFORNIA, AUTHORIZING THE CREATION OF A SPECIAL FUND FOR THE PAYMENT OF THE COSTS OF DAMAGES TO CITY FACILITIES FROM THE JULY 20, 1979, FL00� AND AUTHORIZING THE ADVANCE OF MO�JEYS FROM THE CIVIC CENTER CAPITAL IMPROVEMENT RESERVE FUND TO SAID FLOOD DAMAGE FUND. WHEREAS, the storm of July 20, 1979, caused extensive damage to various streets and other public facilities; and WHEREAS, the direct costs of repairing the damage to each facility may be partially or wholly reimbursable from State and/or Federal Disaster programs; and IJHEREAS, it is therefore desirable to maintain a segregation of the direct costs to the City from said flood from the normal budgeted city costs; NOIJ, THEREFORE BE IT RESOLVED b.y the City Council of the City of Palm Desert, California, that: 1. The Director of Finance is hereby directed to estaFlish a special fund to be known as the "July 20, 1979, Floo� Fund"; 2. The Director of Finance is hereby authorized and directed to pay all proper direct costs of said flood and charge such costs to said fund; 3. To provide te�porary financing of such direct costs, the Director of Finance is authorized to advance such moneys as may be required, not to exceed $400,000, to said flood fund from the Civic Center Construction Capital Improvement Reserve Fund. PASSED, APPROVED, and ADOPTED this 26th day of July , 1979, by the following vote, to wit: AYES: Brush, McPherson, Wilson, Mullins NOES: None AaSENT: NewbrandE AftSTAIPJ: None ATTEST: ( � ,, , - , (� —/--�--- �\ ^ �' l`���,i�-�',,:� �� ,L\i� ,C.(-1y�;1� ';. i ,Y y ) SHEILA R. GILLIGAr1, CITY CLER �,� CITY OF PALM DESERT �