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HomeMy WebLinkAboutReso. 1988-237 - Adopting the 1st amendement to the city budget resolution no. 88-235 4 RESOLUTION NO.S S-25 7 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF REDDING APPROVING AND ADOPTING THE 1st AMENDMENT TO THE CITY BUDGET RESOLUTION NO. 88-235 APPROPRIATING $12 , 500 FOR A TEMPORARY FUNDING AGREEMENT WITH THE ECONOMIC DEVELOPMENT CORPORATION. . BE IT RESOLVED BY THE COUNCIL OF THE CITY OF REDDING: THAT the Annual Budget Resolution No . 88-235 be and is hereby amended as follows: FUND DEPT DESCRIPTION DECREASE INCREASE 111 427 Non-Departmental $ 12 , 500 THAT account titles and numbers requiring adjustment by this Resolution are as follows : Source Use of funds of funds Decrease Fund Balance: General Fund A/C No. 111-00-0000 Unappropriated Fund Balance $ 12 , 500 Increase Appropriations : Non-Departmental A/C No. 111-427-2554 Economic Development Corp. 12 , 500 $ -0- THAT the purpose is to appropriate $12 , 500 for a temporary funding agreement with the Economic Development Corporation . I HEREBY CERTIFY that the foregoing Resolution was introduced and read at a regular meeting of the City Council of the City of Redding on the 5th day of July , 1988 , and was duly adopted at said meeting by the following vote: AYES : COUNCIL MEMBERS : Buffum, Carter, Dahl , Fulton, & Johannessen NOES: COUNCIL MEMBERS : None;, ABSENT: COUNCIL MEMBERS : None ABSTAIN: COUNCIL MEMBERS : None /-/ K. MAURIC�E JOHANNESSEN, Mayor City of Redding ATTESTT: /�/- TPPROVED:6, ��,er`�.Ccil ETHEL A. NICaOLS , City Clerk L A. HAYty Attorney 0