HomeMy WebLinkAboutCC RES 90-088 RESOLUTION NO. 90- 88
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PALM
DESERT, CALIFORNIA, AMENDING THB FISCAL YEAR 1989-90
HUDGET TO PROVIDE APPROPRIATIONS TO CAPITAL PROJECT
RESERVE FUNDS.
WHEREAS , it appears that certain funds will receive
revenues in the 1989-90 fiscal year that exceed the requirements
for currently budgeted appropriations; and
WHEREAS , it is desirable to appropriate said excess
revenues to Capital Project Reserves for the construction of
future Capital Pro�ects.
NOW, THEREFORE, BE IT RESOLVED by the City Council of
the City of Palm Desert, California, that the 1989-90 Budget is
hereby amended by appropriating from the Unobligated Fund Balance
of certain funds enumerated below to the identified Capital
Projects Reserve Funds the amounts indicated.
1 . From the General Fund to the Capital
Projects Reserve Fund for:
Equipment Replacement Reserve $200, 000
General (Year 2000 Plan) Capital
Project Reserve $5, 000, 000
2. From the Traffic Safety Fund to the
Capital Pro�ects Reserve Fund for:
Streets Amount Available
(Estimated=$50, 000)
3. From the 2106 Gas Tax Fund to the General Fund,
to reimburse for street maintenance performed.
Transfer amounts:
2106 Gas Tax Funds Amounts to be
determined at time
of financial audit.
4. From the General Fund to the Haystack
Landscaping Assessment District Fund to cover
expenditures exceeding the $100 Assessment
District charge.
Haystack Landscape Amount to be
District Fund determined at time
of financial audit.
(Estimated=$24, 341 )
5. From the General Fund to Monterey Meadows
Assessment District for expenditures exceeding
the $177 Assessment.
Monterey Assessment Amount to be
District determined at time
of financial audit
(Estimated = $1, 285)
6. From the General Fund to Presidents ' Plaza
Assessment District for parking lot
modifications and for relandscaping of
Presidents' Plaza parking lots.
Presidents' Plaza Amount to be
Parking Lots determined at time
of financial audit
(Estimated=$24, 728 )
PASSED, APPROVED, and ADOPTED at a regular meeting of �
the Palm Desert City Council held on this 26th day of July, —
1990 by the following vote, to wit:
AYES: BENSON, KELLY, SNYDER, WILSON, CRITES
NOES: NONE
ABSENT: NONE
ABSTAIN: NONE
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B RD A. CRITES, MAYOR
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ATTEST:
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�--("j1 SHEILA R. ILLIGAN, CIT .i CL RK �, �
, CITY OF P M DESERT, CALIFORNIA