HomeMy WebLinkAboutReso. 1988-306 - Adopting the 7th amendment to the city budget resolution no. 88-235 4
RESOLUTION NO. 8$.5&
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF REDDING
APPROVING AND ADOPTING THE 7th AMENDMENT TO THE CITY
BUDGET RESOLUTION NO. 88-235 APPROPRIATING $78 , 500 FOR
THE PARKING MODIFICATIONS IN THE DOWNTOWN AREA.
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
122 741 Parking System $ 78 , 500
THAT account titles and numbers requiring adjustment by this
Resolution are as follows :
Source Use
of funds of funds
Increase Revenues :
Parking Fund
A/C No . 122-01-2110 On-Street Meter Receipts $ 50 , 000
A/C No. 122-01-2250 Space Rental Permit Fee 10 , 000
Decrease Fund Balance :
A/C No . 122-00-0000 Unappropriated Fund
Balance $ (18 , 500)
Increase Appropriations :
Parking System Operations
A/C No . 122-741-4801 Parking Modifications 78 , 500
$ 60 , 000 $ 60 , 000
THAT the purpose is to appropriate $78 , 500 for parking
modifications in the downtown area. NOTE: This transaction would
obligate the General Fund to provide $18 , 500 for the unappropriat-
ed fund balance portion. That amount will be transferred from the
General Fund upon adoption of this resolution .
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 6th day of September , 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. I.MAURPCE ) OHANNESSEN, Mayor
City/of Redding
ATTEST:
FO PPROVED:
C�z:.sC,�.0 (� •j`/�G�=��U'u� s,. eee' Com. �1
ETHEL A. NICHOLS, City Clerk DALL A. HA S, ity Attorney