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