HomeMy WebLinkAboutRDA RES 093RESOLUTION NO. 93
A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE
CITY OF PALM DESERT, CALIFORNIA, AMENDING THE
1978-1979 BUDGET TO TRANSFER FUNDS.
WHEREAS, the Agency has budgeted, planned and awarded
a contract for the construction of the Frontage Road improvements;
and
WHEREAS, the 1978-1979 budget has allocated $358,600 in
Account No. 1455-17-79, which has a shortfall of $191,400; and
WHEREAS, said shortfall is required to be replaced to
meet the contract price of $550,000.
NOW, THEREFORE, BE IT RES LVED that $160,100 be transferred
from Account No. 1455-15-79 to Account No. 1455-17-79, and $31,300
be transferred from Account No. 1440-05-79 to Account No. 1455-17-79.
BE IT FURTHER RESOLVED, that the Account No. 1440-05-79
be reduced by $31,300 to a new balance of $38,700 for Mid B1ok
Parking Lot Access Acquisition.
PASSED, APPROVED and ADOPTED by the City Council of the
City of Palm Desert, California, on this 26thday of ri , 1979,
by the following vote, to wit:
AYES:
NOES:
ABSENT:
ABSTAIN:
Brush, McPherson, Newbrander, Mullins
None
Wilson
None
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RD D. MULLINS, C airman
ATTEST: ,
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S IEILA . G LIGAN, retary to the
Palm Desert Redevel ent Agency