HomeMy WebLinkAboutCC RES 80-079RESOLUTION N0. 80- 79
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PALM DESERT,
CALIFOR�JIA, AP1E'VOING THE 1979J80 BUDGET TO PROVIDF FOR
TRANSFERRING UNOBLIGATED FUND BALANCES TO CAPITAL IMPROVEME^JT
RFSERVE FUNDS FOR PROJECTS TO BF EXECUTED IN FUTURE FISCAL YEARS.
WHEREAS, it is apparent that certain funds of the Cit,y will
otherwise have significant unobligated fund balances as of the close of the
current fiscal year; and
I�IHEREAS, it is desirable that such unobligated fund balances be
transferred to Capital Improvement Reserve Funds to be used for projects to
be executed in future fiscal years;
NOtJ, TNEREFORE, BE IT RESOLUFD by the City Council of the City of
Palm Desert, California, that the 1979/80 Budget is hereby amended by
appropriating from the Unobligated Fund Balances of the funds hereafter
indicated the sums so set forth for each purpose; and,
BF IT FIIRTHER RESOLVFD that the Director of Finance is hereby
authorized to transfer such amounts as of June 3�, 1979, to the respective
Capital Improvement Reserve Funds, provided that the amounts so transferred
shall not exceed the Unobliqated Fund Qalance of each fund as actuallv
determined on June 30, 1980:
1. From the Unoblioated Fund Balance of the General Fund, the sum
of �1,0��,�00 for transfer to Capital Improvement Reserve Funds for:
A. Right-of-I�Jay Acquisition - COD Specific Plan Area
B. Sand Dune Park Acquisition
C. Right-of-Way Acquisition for t,lidening MontereY
�. Right-of-Way Acquisition for Widenina Portola and
Frontage Road Intersection
E. Street Improvement - Avenue 44 from Palm Valley
Channel to San Pascual
F. Civic Center Construction
G. Street Resurfacina
H. �larrakesh Park Development
I. Community Park - Pave Parkin4 Lot
J. Spor�s Center
K. Fire Station - Northern Area
� 70,000
100,000
5,000
10,�00
5,�00
1.41,000
300,000
52 , �00
15,000
28�,0�0
22,��0
2. From the Unobligated Fund Balance of the 2107 Gas Tax Fund, the
sum of �,42,0�0 for transfer to Capital Improvement Reserve Fund for:
A. Improvement of Avenue 44 and San Pablo in vicinity of
the Civic Center �, 42,Q(l(l �
3. From the Unobligated Fund Balance of the Local Transportation
Fund the sum of 33�8,0�0 for transfer to Capital Improvement Reserve Funds for:
�
Fund for:
Fund, the sum of g35,000 for transfer to the Capital Improvement Reserve
A. The Extension of Magnesia Falls Drive
B. Street Improvements - Avenue 44 from Palm Valley
Channel to San Pascual
3150,000
158,00�
4. From the Unobligated Fund Balance of the New Construction Tax
A. Civic Center Construction
$350,�J00
5. From the Unobligated Fund Balance to the Planned Local Drainage
Fund, the sum of �535,000 for transfer to Capital Improvement Reserve Funds for:
A. Construction of Spillway of San Pascual Channel
into the ldhitewater � �O,Q�O
B. Drainage of Ironwood Park Area 240,0�0
C. Magnesia Falls Crossing of the San Pascual
Channel 1�0,0�0
D. Storm Drain - Avenue 44 from San Pascual Channel
to Portola 115,OOfl
6. From the Unoblioated Fund 6alance of the Park and Recreation
Facilities Fund, the sum of �248,000 for transfer to Capital Improvement
Reserve Funds for:
A. Sand Dune Park
B. Marrakesh Park Development
�150,000
98,OQ0
7. From the Traffic Signalization Fund, the sum of 5224,00(1 for
transfer to Capital Improvement Reserve Funds for:
A. Traffic Siqnal - Avenue 44 and Monterey 3 9�,n��
g. Traffic Siqnal - Monterey and Las Palmas Fntrance 76,0�0
C. Traffic Sianal - Monterey and Country Club Drive 58,000
, PASSED, APPROVED, and ADOPTED this 26th day of
by the following vote, to wit:
AYES: Newbrander, Puluqi, Wilson
June , 1980,
NOES: McPherson and Snyder