HomeMy WebLinkAboutRDA RES 160RESOLUTION NO. 160
A RESOLUTION OF THE CITY OF PALM DESERT REDEVELOPMENT
AGENCY AMENDING THE AGENCY BUDGET FOR THE FISCAL YEAR
JULY 1, 1982 THROUGH JUNE 30, 1983.
WHEREAS, the City of Palm Desert Redevelopment Agency has adopted
a budget for 1982-83 by the passage of Resolution No. 151E on August 19, 1982; and
WHEREAS, it is necessary to make certain amendments to said
budget.
NOW, THEREFORE, BE IT RESOLVED by the City of Palm Desert
Redevelopment Agency that Resolution No. 151B is hereby rescinded, and that the
following budget is hereby adopted for the 1982-83 fiscal year:
by the
ATTEST:
jSHEILA R. GILLIGAN, SECRETARY J
PALM DESERT REDEVELOPMENT AGENCY
SECTION 1: The following appropriations are hereby authorized:
A. Repay existing loan and interest
B. Administrative Costs
C. Legal Costs
D. Highway 111 Beautification
E. Construct Fire Station (part)
F. Consultant Services (Right-of-way
estimates)
G. Presidents' Plaza Plaques
Total Appropriations
$950,000.00
85,000.00
15,000.00
426,000.00
665,000.00
5,000.00
2,000.00
$2,148,000.00
SECTION 2: The following are accepted as the estimated sources of
funding said appropriations:
A. Unobligated Cash Balance
July 1, 1982 $ 860,000.00
B. Estimated Interest Earnings 50,000.00
C. Estimated proceeds of borrowing 1,238,000.00
Total Estimated Funding Sources $2,148,000.00
PASSED, APPROVED and ADOPTED this 26th day of Ammt , 1982,
following vote, to wit:
AYES:
NOES:
ABSENT:
ABSTAIN:
McPherson, Newbrander, Puluqi, Snyder & Wilson
None
None
None
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RESOLUTION NO.
ESTIMATED EXPENDITURES
Administrative costs
Repay existing loan and
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Fire Station
Consultant Services (Right of Way Estimates)
Presidents Plaza Plaques
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