HomeMy WebLinkAboutReso 1972-6557RESOLUTION N0. 6557
RESOLUTIOl'1 OF TTiE CITY COUNCIL OF TI±E CITY OF CHULA
VISTA AUTIIORIZING THE TRANSFER OF FUNDS FROI~7 THE CASH
BASIS FUND TO TEiE GENERAL FUND
The City Council of the City of Chula Vista does hereby
resolve as follows:
WHEREAS, Section 1112 of the City Charter authorizes the City
Council to make transfers from the Cash Basis Fund from time to time as
the need. arises to finance the operations of the City, and
WHEREAS, a critical period of need presently exists beginning
July 1 and extending to December 31, 1972, this being the time when ad
valorem property taxes are collected by the County of Sar. Diego and are
not yet received by the City, and
WHEREAS, this transfer will be returned to the Cash Basis
Fund by June 30, 1973 in that the County of San Diego provides the City
with the collected taxes in late December of 1972.
NOW, TI-IEREFORE, BE IT RESOLVED by the City Council of the City
of Chula Vista that the amount of $235,456.00 be, and the same is hereby
transferred from the Cash Basis Fund to the General Fund, and that such
amount shall be returned to the Cash Basis Fund by June 30, 1973.
I3E IT FURTITER RESOLVED that the Director of Finance be, and
he is hereby authorized and directed to carry out the necessary pro-
cedures required for said transfer.
Presented by Approved as to form by
,,-~
~~_ 1 - ~ ~.
ordon K.~Grant, Director of George D. Lindberg, City Attorney
Finance
ADOPTED AND APPROVED by the CITY COUNCIL of the CITY OF CHULA
VISTA, CALIFORNIA, this 15th day of_ qugi,~t , 1972, by the
following vote, to-wit:
AYES • Councilmen Hyde, Egdahl, Hamilton
NAYES : Councilmen Scott
ABSENT
ATTEST
,.:
STATE OF CALIFORNIA )
COUNTY OF SAN DIEGO )
CLTY OF CIIULA VISTA )
ss.
I~ City Clerk of the City of Chula
Vista, California DO HEREBY CERTIFY that the above is a full, true and
correct copy of Resolution No. and that the same has not been
amended or repealed. DATED
City Clerk