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HomeMy WebLinkAboutCC RES 91-097RBSOLUTION N0. 91- 9� A RSSOLUTION OF TH� CITY COUNCIL OF THE CITY OF PALH DESSRT, CALIFORHIA, AHENDING THE FISCAL YEAR 1990-91 BUDGET TO PROVID� APPROPRIATIONS TO CAPITAL PROJBCT RSSERVE FUNDS. WHEREAS, it appears that certain funds will receive revenues in the 1990-91 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 Projects. NOW, THEREFORE, HE IT RESOLVED by the City Council of the City of Palm Desert, California, that the 1990-91 Budget is hereby a�ended 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 Projecta Reserve Fund foro Equipment Replacement Reserve 200,000 General (Year 2000 Plan) Capital Project Reserve 5,000,000 Building Maintenance Reserve 2,000,000 2. From the Traffic Safety Fund to the Capital Projects Reserve Fund fors Streets 3. Amount Available (Estimate - 55,000) From the 2106 Gas Tax Fund to the General Fund, to rei�burse for street maintenance performed. Transfer amounta: 2106 Gas Tax Funds Amounts to be determined at time of financial audit. 4. Fron the General Fund to the Haystack Landscaping Asaesament District Fund to cover expenditures exceeding the S62 Assessment Diatrict Chargc. Hayatack Landscape District Anount to be determined at time of tinancial audit. (Estimated�S33,433) .-�" � From the General Fund to Monterey Meadows Assessment District for modifications to landscaping. Amount to be determined at time of financial audit. (Estimated � S4,908) Monterey Assessment 6. From the General Fund to Presidents' Plaza Assessment District for parking lot modifications and for relandscaping of Presidents' Plaza parking lots. Presidents' Plaza Parking Lots Amount to be determined at time of financial audit. (Estimated�$8,900) 7. From the Art in Public Places Fund to a Art in Public Places Maintenance Reserve equal to 20$ of the Art piece. PASSED APPROVED, and ADOPTED at a regular meeting of the Palm Desert City Council held on this 22nd day of Au�vst , 1991 by Lhe following vote, to wit: AY E S e CRIT�S , KELS.Y, WII�.SON , SNYDER NOES: P]OI� AB S E NT : 3�dSON ABSTAIN: :VI�NE WALTER SNYDER, MAYOR ATTEST: a SHEILA A. LLIGAN, TY CLERK CITY OF PA H DESER CALIFORNIA