HomeMy WebLinkAboutRDA RES 034REDEVELOPMENT AGENCY RESOLUTION NO. 34
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, amended by Resolution
No. 20, passed February 26, 1976, and amended by Resolution No. 23, passed
April 8, 1976.
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 7/1/75 $ 19,145
2. Loans to be rec'd from
City of Palm Desert 342,820
Estimated Total Resources
Appropriations:
Maintenance & Operation 138,315
$361,965
Capital Improvements 223,650
Total Appropriations $361,965
Section 2: That the Executive Director 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 of the City of
Palm Desert, California, this 29th day of April, 1976, by the following vote, to
wit:
AYES:
NOES:
ABSENT:
ABSTAIN:
ATTEST:
McPherson, Mullins, Newbrander, Seidler & Brush
None
None
None
♦
EY L. LBU , xecutive Director
City of Palm Desert, California