HomeMy WebLinkAboutRDA RES 020REDEVELOPMENT AGENCY
RESOLUTION NO. 20
A RESOLUTION OF THE PALM DESERT REDEVELOPMENT AGENCY
APPROVING AN AMENDED 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, was adopted by Resolution No. 14 passed October 9,
1975; and
WHEREAS, it is desirable to amend said budget to reflect
the increased estimated cost of Capital Improvements;
NOW, THEREFORE, BE IT RESOLVED by the Redevelopment Agency
of the City of Palm Desert, as follows:
Section 1: That the 1975/76 budget effective July 1,
1975, is hereby amended to read as follows:
Estimated Resources Available:
1. Cash Balance at 7/1/75
2. Loan to be rec'd. from City
of Palm Desert
$19,145
44,870
Estimated Total Resources $64,015
Appropriations:
Maintenance & Operation 37,315
Capital Improvements 26,700
Total Appropriations 64,015
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.
PASSED, APPROVED and ADOPTED by the Redevelopment Agency
this 26th day of February
ATTEST:
, 1976, by the following vote:
AYES: ASTON, BENSON, BRUSH, McPHERSON & CLARK
NOES: None
ABSENT: None
HA VEY L. HURLB RT, Secretary