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HomeMy WebLinkAboutReso 1992-16928 RESOLUTION NO. 16928 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA APPROPRIATING AND AUTHORIZING THE EXPENDITURE OF $1,250 FOR COMPUTER EQUIPMENT AND $750 FOR ENHANCED SALES TAX INFORMATION AND REPORTS FOR FY 1992-93 FROM THE GENERAL FUND WHEREAS, funds are required to procure computer equipment needed to access the sales tax data base and for enhanced sales tax information and reports for up to two quarters of FY 1992-93; and, WHEREAS, the costs to the City are estimated to be $1,250 for computer equipment and $750 for reports covering the last two quarters of FY 1992-93; and, WHEREAS, these expenses will be more than offset by expected gains in sales tax revenues ($181,250 over a two-year period) and by increases in business license revenues ($3,000-$5,000 per year) resulting from the enhanced data base. NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Chula Vista does hereby appropriate and authorize the expenditure of $1,250 for computer equipment and up to $750 for enhanced sales tax information and reports for FY 1992-93 from the unappropriated balance of the General Fund and transfer $1,250 into Account 100-0420-5560 and transfer $750 into Account 100-0420-5201. Presented by Approv as to o by / Lym~Christopher Bruce M. Boogaard Director of Finance City Attorney Resolution No. 16928 Page 2 PASSED, APPROVED and ADOPTED by the City Council of the City of Chula Vista, California, this 15th day of December, 1992, by the following vote: YES: Councilmembers: Fox, Horton, Moore, Rindone, Nader NOES: Councilmembers: None ABSENT: Councilmembers: None ABSTAIN: Councilmembers: None Tim Nader, Mayor ATTEST: Beverly~.Au~helet, 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. 16928 was duly passed, approved, and adopted by the City Council at a joint City Council/Redevelopment Agency meeting held on the 15th day of December, 1992. Executed this 15th day of December, 1992. Authelet, City Clerk