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HomeMy WebLinkAboutRDA RES 170RESOLUTION NO. 170 A RESOLUTION OF THE PALM DESERT REDEVELOPMENT AGENCY AMENDING THE 1982-83 BUDGET FOR THE ORIGINAL PROJECT AREA NO. 1. WHEREAS, the Acting Executive Director has presented a proposed revision of the 1982-83 budget; and, WHEREAS, it is desirable that the 1982-83 Budget be amended; NOW, THEREFORE BE IT RESOLVED by the Palm Desert Redevelopment Agency that the 1982-83 Budget for the Original Project Area No. 1 is hereby amended as follows: 1. The amounts in the column entitled "Revised Budget" of the "Estimated Resources" section of Exhibit "A" attached hereto are accepted as the estimated resources available; and, 2. The amounts in the column entitled "Revised Budget" of the "Appropriations" section of Exhibit "A" attached hereto are hereby appropriated for the activities and projects enumerated thereon. PASSED, APPROVED and ADOPTED this 1Ot h day of March 1983, by the following vote: AYES: Jackson, Kelly, Snyder, Wilson E: Puluqi NOES: None ABSENT: None ABSTAIN: None /4;7 Rbfieo S. Puluqi, Ctfai rnn ATTEST: eila R. Gilligan, Secretary Palm Desert Redevelopment Agency EXHIBIT "A" RESOLUTION NO. 170 PALM DESERT REDEVELOPMENT AGENCY PROPOSED MID YEAR 1982-83 BUDGET REVISION Estimated Resources Prior Year's Unobligated Fund Balance Borrowing Interest Earnings Estimated Total Available Appropriations Administrative Legal Services Monterey Widening Repay Previous Loan - Principal and Interest Construct Fire Station Parking Lot Monuments Highway 111 Beautification Improve Alessandro Alley Frontage Road Engineering Study Total Appropriations Current Budget $ 860,000 1,238,000 50,000 $2,148,000 $ 85,000 15,000 5,000 950,000 665,000 2,000 426,000 0 0 $2,148,000 Revised Budget $ 867,000 1,500,000 65,000 $2,432,000 $ 85,000 35,000 5,000 950,000 420,000 2,000 426,000 501,000 8,000 $2,432,000 Change +, (-) $ 7,000 262,000 15,000 $284,000 $ 0 20,000 0 0 (245,000) 0 0 501,000 8,000 $284,000 1 1 1