HomeMy WebLinkAboutCC RES 82-052RESOLUTION N0. 82- 52
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF PALM DESERT, CALIFORNIA, REDESIGPJATING THE
PURPOSE OF CERTAIN CAPITAL IMPROVEMENT RESERVE
FUNDS; AUTHORIZING TRANSFERS BETWEEN CERTAIN
, CAPITAL IMPROVEMENT RESERVE FUNDS; AND AMENDING
THE 1981-82 BUDGET TO PROVIDE APPROPRIATIONS FOR
TRANSFERS TO CAPITAL IMPROVEMENT RESERVE FUNDS.
WHEREAS, certain Capital Improvement Reserve Funds,
heretofore established, contain balances no longer needed for
the original purpose, and;
WHEREAS, it is desirable to transfer the year-end
fund balances of certain funds to Capital Improvement Reserve
Funds for future use;
NOW, THEREFORE, BE IT RESOLVED by the City Council
of the City of Palm Desert, California that:
1. The purpose for which certain Capital Improve-
ment Reserve Funds may be used are hereby
amended as follows:
A. C.I.R. 32 from "Highway 74 Bikepath" to
"Fred Waring Drive Improvement - Monterey
to Portola";
� B. C.I.R. 33 from "R.O.W. Acquisition C.O.D.
Plan Area" to "El Paseo Median Electrical
Service";
C, C.I.R. 37 from "Wi11ow Storm Drain" to
"Portola Culvert at Haystack Channel";
D. C.I.R. 41 from "San Pascual Spillway" to
"Edgehill-Pitahaya Drain";
E. C.I.R. 45 from "81-82 Signalization Program"
to "Signal-Monterey and Parkview";
F. C.I.R. 46 from "Signal-Monterey/Las Palmas"
to "Signal-El Paseo and Hwy 111";
G. C.I.R. 47 from "Signal-P�onterey and Country Club"
to "Signal-San Luis Rey and Hwy 111";
H. C.I.R. 53 from "A1ign Palm Va11ey Channel"
to "Magnesia Fa11s Drive Improvement";
I. C.I.R. 54 from "San Pascual Channel White-
water to Nlagnesia Fa11s" to "Monterey Avenue
Bridge";
J. C.I.R. 56 from "Pitahaya Inversion" to
� "Ironwood Park."
2. The following transfers between Capital Improve-
ment Reserve Funds are hereby authorized:
A. From C.I.R. for "Pitahaya Inversion" to
C.I.R. for "Tie-In Paving Assessment District"
the sum of $250,000;
B. From C.I.R. for "San Pascual Channel-
Whitewater to Magnesia Falls" to C.I.R. for
"Highway 111 Beautification" the sum of
$13,000 and to C.Z.R. for "Portola Culvert"
the sum of $32,000;
C. From C.I.R. for "Willow Storm Drain" to
C.I.R. for "Edgehill-Pitahaya Drain" the
sum of $50,000;
D. From C.I.R. for "San Pablo Improvement"
to C.I.R. for "F. Waring-Monterey to
Portola Improvement" the sum of $79,057.
3. The 1981-82 Budget is hereby amended by appro-
priating for the purpose of providing transfers
to Capital Improvement Reserve Funds the
following amounts for each designated fund and
purpose:
A. From the General Fund, the sum of $1,686,209
for the transfer to reserves for: "Tie-In
Paving Assessment District" $3,000; for "F.
Waring Drain Improvement" $1,447,000; for
"F. Waring Street Improvement" $1,943; for
"Highway 111 Beautification" $187,000; for
"Street Resurfacing" $17,266; for "Signal-
El Paseo & Hwy 111" $25,000 and for
"Paving Community Park Parking Lot" $5,000;
B. From the Traffic Safety Fund, the sum of
$50,000.53 for transfer to reserves for:
"E1 Paseo Median Electrical Service"
�8,516.53; for "Portola Widening-West Side,
S, of Hwy 111" $15,000; and for "Street
Resurfacing" $26,484;
C. From the Local
sum of $247,000
for "F. Waring
Portola";
Transportation Fund, the
for transfer to reserves
Improvement Monterey to
D. From the New Construction Tax Fund the
sum of $152,000 for transfer to reserves
for "Sports Center" $72,000; for "Signal-
San Luis Rey and Hwy 111" $60,000; for
"Marrakesh Park" $20,000;
E. From the Drainage Facilities Fund the sum of
$567,400 for the transfer to reserves for
"F. Waring Drain-Monterey to San Pascual"
$53,000; for "Ironwood Park Drain" $25,000;
for "Homestead Drain" $69,400; for "Edgehill-
Pitahaya Drain" $220,000; for "Monterey Avenue
Bridge" $200,000;
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*
.
F. From the Signalization Fund the sum of
$30,000 for transfer to reserve for "Signal-
El Paseo & Hwy 111."
PASSED, APPROVED, and ADOPTED by the City Council of
Palm Desert, California, on this Zp� day of Mav �
1982 , by the following vote, to wit: �—
�
AYES: McPherson, Newbrander, Puluqi, Snyder & Wilson
NOES: None
ABSENT: None
ABSTAIN: None
ATTEST:
�
,
1 _ �
SHEILA R. GILLIGAN, ty Clerk
City of Pa1m Desert, California
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