HomeMy WebLinkAboutReso 1990-15692 RESOLUTION NO. 15692
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, 1990
AND ENDING JUNE 30, 1991
The City Council of the City of Chula Vista does hereby resolve as
follows:
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 l, 1990 and ending June 30, 1991, 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 treasury 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 fully and 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 1990-91 fiscal year and that the City Manager and the
Director of Finance be authorized to transfer appropriations between control
accounts for Employee Services only.
BE IT FURTHER RESOLVED that all proceeds of tax revenues received in
excess of the budget estimate are hereby appropriated up to the legal spending
limit to the reserve for contingency account of the applicable fund.
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
provided 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 10% per annum
which the City Council finds and determines is the current prime interest rate.
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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.
BE IT FURTHER RESOLVED that the Finance Director is authorized to close
Fund 205 Special Capital Outlay and transfer the balance to the General Fund.
Presented by Approved ~ t~ b~
J G~ Bruce M. Boogaar
ohrl . OSS
C1 ger '
', City Attorney
/
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PASSED, APPROVED, and ADOPTED by the City Council of the City of Chula
Vista, California, this 19th day of June, 1990 by the following vote:
AYES: Councilmembers: Malcolm, McCandliss, Moore, Nader, Cox
NOES: Councilmembers: None
ABSENT: Councilmembers: None
ABSTAIN: Councilmembers: Malcolm (only from account numbers
55-5510 through 55-5680 relating to
Open Space District)
~rego~Cox~, Mayor~'
ATTEST:
Beverly A~kAuthelet, 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. 15692 was duly passed,
approved, and adopted by the City Council of the City of Chula Vista,
California, at a regular meeting of said City Council held on the 19th day of
June, 1990.
Executed this 19th day of June, 1990.
Beverly A./~uthelet, City Clerk