HomeMy WebLinkAboutReso 2013-266 RESOLUTION NO. 2013-266
RESOLUTIOT' OF THE CITY COUI`'C]L OF THE CITY OF
CHULA VISTA CLOSII`'G OUT THE SPECIAL SER'ER FUt�'D
AND TRAI`'SFERRING AVAILABLE FUNDS TO THE TRUI�'K
SEWER CAPITAL RESERVE FUI�TD
WHEREAS; the Special Sewer Fund (Fund 412) �+�as established to account for monies
received in the sale of the Ciri's excess Metropolitan Seweraee capacity: and
WHEREAS, the funds recei��ed in the sale of the City's escess Metropolitan Sewerage
capacih� ���ere to be utilized for capacih� related expenditures; and
A'HEREAS. the City established the Trunk Sew�er Capital Resen�e Fund (Fund �13) to
account for sewerage facilirv participation fees received; and
WHEREAS; the Trunk Se��er Capital Resen�e Fund (Fund 4li) is ���here se�i-eraee
capacity charges will be incurred; and
�'I IEREAS, staff recommends that the Special Sewer Fund (Fund 412) be closed and the
remainine balance in be transferred to the Trunl: Se��er Capital Reseme Fund (Fund 4li).
NOW. THEREFORE. BE IT RESOLVED that the Cin� Council of the Citv of Chula Vista
does hereby close the Special Se�ver Fund (Fund 412) and transfer available funds to the Trunl:
Se�;�er Capital Resen�e Fund (Fund 413).
Presented by Approved as to form b}�
�'l�Cf •
��L Alaria Kachadoorian G n R. Go�eins �
Director of Finance/Treasurer Ci � Attom
Resolution No. 2013-266
Pase 2
PASSED, APPROVED, and ADOPTED by the City Council of the City of Chula Vista,
California, this 17th day of December 20]3 by the following vote:
AYES: Councilmembers: Aguilar, Bensoussan, Ramirez, Salas and Coa
NAYS: Councilmembers: None
ABSENT: Councilmembers: None
� '
Cheryl Co� Mayo
ATTEST:
��� ����a�
Donna R. Norris, CMC, City Clerk
STATE OF CALIFORNIA )
COLTNTY OF SAN DIEGO )
CITY OF CHULA VISTA )
I, Donna R. Norris, City Clerk of Chula Vista, Califomia, do hereby certify that the foregoing
Resolution No. 2013-266 was duly passed, approved, and adopted by the City Council at a
regular meeting of the Chula Vista City Council held on the 17th day of December 2013.
Esecuted this 17th day of December 2013.
d2-� ��/4���S,�b
Donna R. Norris, CMC, Cit}� Clerk