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HomeMy WebLinkAboutCC RES 82-120RESOLUTION N0. 82- 120 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PALM DESERT, CALIFORNIA, AP�ENDING THE 1982-83 BUDGET TO PROVIDE FOR INCREASED COSTS OF CONSTRUCTIO�J OF THE SPORTS CENTER. WHEREAS, the low bid for construction of the Sports Center is in excess of the current appropriation for such purpose; and: WHEREAS, the City has been advised of the approval of a State Park Bond Fund grant of �74,500.00 which will be available for construction of the Sports Center; NOW, THEREFORE BE IT RESOLVED by the City Council of the City of Palm Desert, California, that the 1982-83 Budget is hereby amended as follows: SECTION 1: There is hereby established a State Park Bond Fund with estimated revenues from State Grant in the amount of �74,500.00 and said amount is hereby appropriated to an account "Sports Center Construction." SECTION 2: The Director of Finance is hereby authorized to advance a sum, not to exceed $74,500.00 from the Capital Improvement Reserve Fund for the Monterey Bridge to the State Park Bond Fund pending receipt of the State Park Bond Fund Grant. SECTION 3: The balance of $150,000.00 now in the Capital Improvement Reserve Fund for Sand Dune Park is hereby transferred to the Capital Improvement Reserve Fund for the Sports Center. SECTION 4: The appro�riations of the Sports Center Capital Improve- ment Reserve Fund for the Sports Center Construction are hereby increased from $450,000.00 to $635,000.00. PASSED, APPROVED and ADOPTED this 12� day of Au�us t , 1982, by the following vote: AYES: r�ewbrander, Puluqi, Snyder �u [Jilson NOES: None ABSEPJT: McPherson ABSTAIN: None ATTEST: .��ILiLlI 1\• 41LI�L�+I���� V11 1 1\1\ CITY OF PALM DESERT, CA F RNIA