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HomeMy WebLinkAboutCC RES 81-014RESOLUTION N0. 81-14 A RESOLUTION OF TNE CITY COUNCIL OF THE CITY OF PALM DESERT, CALIFORNIA, AMENDING THE 1980-81 BUDGET FOR THE CAPITAL IMPROVEMENT PROGRAM. I�HEREAS, the budget for the 1980-81 Capital Improvement Program has been reviewed and numerous changes are deemed necessary; NOIJ, THEREFORE, BE IT RESOLVED by the City Council of the City of Palm Desert, California, that the 1980-81 budget for the Capital Improvement Program is hereby amended as follows: ' 1. The sum of $22,000.00 is hereby transfered from the Capital Improve- ment Reserve Fund for a Fire Station-Northern Area to the Capital Improvement Reserve Fund for the Highway 74 Bikepath; 2. The sum of �200,000.00 of the General Fund Contribution in the Capital Improvement Reserve Fund for Civic Center Construction is hereby transfered to a Capital Improvement Reserve Fund for Construction of the San Pascual Channel from the Magnesia Falls Crossing to the lJhitewater Spillway; 3. The sum of $50,000.00 of the Capital Improvement Reserve Fund for Street Resurfacing is hereby transferred to the Capital Improvement Reserve Fund for Construction of the San Pascual Channel from Magnesia Falls Crossing to the Whitewater Spillway; 4. The sum of $�0,000.00 of the Capital Improvement Reserve Fund for Street Resurfacing is hereby transferred to a Capital Improvement Reserve Fund for the Citys' share of realignment of the Palm Valley Channel; 5. The estimated Revenues as shown on the attached table (Exhibit A) in the column entitled "Revised" are hereby accepted as the estimated revenues far 1980-81 for each fund and source indicated thereon; 6. The amounts shown on the attached table (Exhibit B) in the column entitled "Revised Budget" are hereby appropriated to each project indicated thereon. PASSED, APPROVED AND ADOPTED this 22nd day of January , 19 8 1, by the following vote, to wit: AYES: McPherson� Newbrander, Puluqi, Snyder & Wilson NOES: None ABSENT: None ABSTAIN: None ATTEST: r - '� ' � o ,, � `:�:�/ � �- '� .�' ' .� � '�SHEILA R. 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