HomeMy WebLinkAboutRDA RES 023REDEVELOPMENT AGENCY RESOLUTION N0. 23
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 amended by Resolution No. 20, passed February 26, 1976,
and;
WHEREAS, it is desirable to amend said budget�to reflect
the increased estimated cost of maintenance operations and 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/?5 $ 19,145
2. Loans to be rec'd from
City of Palm Desert 266,820
Estimated Total Resources
Appropriations:
Maintenance & Operation
Capital Improvements
62,315
223,650
Total Appropriations
$285,965
285,965
Section 2: That the Executive Direc�or be authorized to
transfer appropriations 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 8th day of April , 1976, by the following vote:
AYES: r�cPherson, Mullins, Newbrander, Seidler & Brush
NOES: None
ABSENT: None
ATTEST:
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HAR Y L. RLBU T, 'xecutive irector
City of Palm Desert, California