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HomeMy WebLinkAboutAgenda Statement 1975/10/14 Item 12CITY OF CHULA VISTA ITEM N0. ' 2 ' E DA STATEMENT COUNCIL AG N 10/14/75 FOR MEETING OF: #7926 ITEM TITLE: Resolution f Authorizing the establishment of a separate fund for State Beach, Park, Recreational and Historical Facilities Bond Act of 1974 SUBMITTED BY~ Director of Finance ITEM EXPLANATION To comply with the provisions of the State Beach, Park, Recreational and Historical Facilities Bond Act of 1974, the City of Chula Vista is required to establish a separate interest bearing account for advance grant payments. The following are the proposed revisions to the various budgetary accounts: Revenue Account Amount Adopted Budget 01-3661 $177,000.00 Proposed Revision 65-3661 $177,000.00 Appropriation Adopted Budget 61-7001-5569 $177,000.00 Proposed Revision 65-7005-5563 $177,000.00 This action is strictly an internal housekeeping function to comply with special provisions and project agreements of the grant. r'\II II P11T/'~ ATTA/\1 Ir11 t~ryirsi i ~ ~i IHI~I"1CU Agreement Resolution X Ordinance Plat Other Environmental Document: Attached Submitted on STAFF RECOMMENDATION: Approval BOARD/ COMMISSION RECOMMENDATION APP~20 VED Ci-cy Co~~nvi1 COUNCIL ACTION G Cy~ula Va -t;a, Ca.Iiio1nia Dated... /~_ j~_ J Form A-113 (Rev 5-75)