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HomeMy WebLinkAboutRDA RES 014REDEVELOPMENT AGENCY RESOLUTION NO. 14 A RESOLUTION OF THE PALM DESERT REDEVELOPMENT AGENCY APPROVING AN OPERATING BUDGET FOR THE PERIOD OF JULY 1, 1975, THROUGH JUNE 30, 1976. WHEREAS, a budget for the period of July 1, 1975, through June 30, 1976, has been prepared by the Executive Director; and WHEREAS, the Redevelopment Agency has examined said budget; and WHEREAS, the Redevelopment Agency has, after due delibera- tion and consideration made any amendments in the budget as they considered desirable. NOW, THEREFORE, BE IT RESOLVED by the Redevelopment Agency of the City of Palm Desert as follows: Section 1: That the 1975-76 budget is hereby approved and effective July 1, 1975. This budget provides for the following total expenditures and resources: Resources Available: 1. Cash Balance at 7/1/75 $19,145 2. Loan to be received from the City of Palm Desert, California $38,170 Estimated Total Resources Appropriations: Maintenance and Operation Object 16: Services, Professional Technical, Etc. - $37,315, provides for the completion of the existing consulting contract and the prepara- tion of the construction drawings for the proposed landscaping and irriga- tion on Highway 111 and El Paseo from Highway 74 to Deep Canyon. $57,315 $37,315 Capital Improvements: $20,000 Section 2: That the Executive Director be authorized to transfer appropriation within the activities, provided no change is made in the total amount provided for any activity. Page 1 REDEVELOPMENT AGENCY RESOLUTION #14 PASSED, APPROVED and ADOPTED by the Redevelopment Agency this 9th day of October, 1975, by the following vote: AYES: BRUSH, McPHERSON, AND CLARK NOES: ABSENT: ASTON AND BENSON ATTEST: /� Iw1►/A HARVEY L. HURLBU'RT, Secretary HENRY B. CLAD, Chairman Page 2