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HomeMy WebLinkAboutReso 1994-17529 RESOLUTION NO. 17529 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA APPROVING THE ADOPTION OF THE FINAL BUDGET OF THE CITY OF CHULA VISTA FOR THE FISCAL YEAR BEGINNING JULY 1, 1994 AND ENDING JUNE 30, 1995 WHEREAS, pursuant to the provisions of the Charter of the City of Chula Vista, Sections 1004 and 1005, the City Council is required to adopt a budget for the fiscal year beginning July 1, 1994 and ending June 30, 1995; and, WHEREAS, the City Manager has prepared and filed with the City Clerk his proposed budget; and, WHEREAS, due notice has been given by the City Clerk, as required by law, that said proposed budget is on file and open to anyone interested; and, WHEREAS, a hearing has been held on said proposed budget as required by law, and NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Chula Vista that there is hereby appropriated out of the resources, including prospective revenues, of the City of Chula Vista for municipal purposes and for use by the various departments, the amounts shown in Exhibit "A", attached hereto and incorporated herein by reference as if set forth herein in full. The City Council finds that all appropriations contained in this resolution are within the legal spending limitations authorized by law. BE IT FURTHER RESOLVED that the appropriations attached are approved as the budget for the 1994-95 fiscal year. The City Manager and the Director of Finance are hereby jointly authorized to transfer appropriations within control accounts for all services and to transfer appropriations between control accounts for Employee Services only. BE IT FURTHER RESOLVED that the Director of Finance may, from time to time, invest temporarily idle funds from any one fund in legal investments permitted by law for charter cities. BE IT FURTHER RESOLVED that the interfund transfers described on Exhibit B, attached hereto and made a part hereof, are hereby authorized; and any such interfund transfers described thereon as loans shall bear interest at the rate of 5.5% per annum which the City Council finds and determines is the current prime interest rate. Resolution No. 17529 Page 2 BE IT FURTHER RESOLVED that revenues received from Developer Deposit Funds for projects for which consultants rather than City officers or employees are engaged are hereby continuously appropriated to the Developer Deposit Fund. Presented by Appro as to forrr)/by --. z~,~ _ 6~,L.-/ . ,x hn D. Goss Bruce M. Boogaard/// · City Attorney Resolution No. 17529 Page 3 Resolution No. 17529 Page 4 Resolution No. 17529 Page 5 EXHIBIT B Resolution No. 17529 Page 6 Resolution No. 17529 Page 7 ........... I II q Resolution No. 17529 Page 8 "1 II I Resolution No. 17529 Page 9 PASSED, APPROVED and ADOPTED by the City Council of the City of Chula Vista, California, this 21 st day of June, 1994, by the following vote: YES: Councilmembers: Fox, Horton, Moore, Rindone NOES: Councilmembers: None ABSENT: Councilmembers: Nader ABSTAIN: Councilmembers: None · ~.,,,,,~.,,~: hirley Horton r, Pro-Tempore ATTEST: Beverly AIAuthelet, City Clerk STATE OF CALIFORNIA ) COUNTY OF SAN DIEGO ) ss. CITY OF CHULA VISTA ) I, Beverly A. Authelet, City Clerk of the City of Chula Vista, California, do hereby certify that the foregoing Resolution No. 17529 was duly passed, approved, and adopted by the City Council at a regular meeting of the Chula Vista City Council held on the 21st day of June, 1994. Executed this 21 st day of June, 1994. Beverly ~'. ALjthelet, City Clerk