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HomeMy WebLinkAboutRDA RES 038REDEVELOPMENT AGENCY RESOLUTION NO. 38 A RESOLUTION OF THE PALh1 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, amended by Resolution No. 23, passed April 8, 1976, and amended by Resolution No. 34, passed April 29, 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 2. Loans received from City of Palm Desert Estimated Total Resources Appropriations: Maintenance & Operation Capital Improvements Total Appropriations 361,964.85 476,243.24 Balance to be funded from Other Sources 114,278.39 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 24th day of June , 1976, by the following vote: AYES: NOES: ABSENT McPherson, Mullins, Newbrander, Seidler & Brush None None . RUSH, Chairman ATTEST: $ 19,144.85 342,820.00 296,708.24 179,535.00 E L. LB T, xecutive Director Redevelopment Agency, Palm Desert 6�z�/�6 ATTACHMENT "A" 11CTI VITY , Activity 5016 Redevelopment Plan Prototype Block Plar� Legal k�ork Landscape Design Bond Counsel Economic Study City Staff Tir��e Reim- bursenent Accrued Interest on City Advances Planning Study Re- mainirg Blocks Engineerir,g-Reverse Loop System Special City Contract SUBTOTAL Activity 5030 Office Supplies TOTAL MAINTENANCE & OPERATIONS CAPITAL IMPRO��EMENT FUN DS Alessandro Project First Pha�e Landscaping San Pablo Extension Terry Hill Property TOTAL C.I. FUNDS PALM DESCRT RCDEVELOPMENT AGENCY REVISIOPI OF 1975/76 QUDGET AS OF JUNE 24, 1976 AS OF 6/11/76 7,944 14,350 -0- 13,432 3,000 16,000 7,000 � 60 , 000 15 ,000 -0- 136,726 -0- 136,726 154,000 29,989 30,000 11,250 225,239 REVISED ESTIMATE 7,061.OQ 9,383.00 1,065.00 13,432.00 3,OOG.00 16,000.00 6,657.73 11,942.51 70,000.00 � 158,000.00 296,541.24 167.00 296,708.24 146,596.00 29,989.00 2,700.00 250 179,535.00 NET TOTAL PROGRAM I 361,965 � 476,243.24 BUDGET QUUGET CHANGES INCREF,SE DECREASE 1,065.00 11,9�2.51 � 10,000.00 � 158,000.00 159,815.24 167.00 159,982.24 0 114,278.24 883.�0 4,9G7.00 342.27 15,00�.00 7,404.00 27,300.00 11,000.00 45,704.00