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HomeMy WebLinkAboutReso 1991-16216 RESOLUTION NO. 16216 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 l, 1991, AND JUNE 30, 1992 The City Council fo the City of Chula Vista does hereby resolve as follows: WHEREAS, pursuant to the provisions of the Charter of the City of Chula Vista, Section 1004 and 1005, the City Council is required to adopt a budget for the fiscal year beginning July 1, 1991, and ending June 30, 1992; 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 herto and incorporated herein by reference as if set forth fully and 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 1991-92 fiscal year and that the City Manager and the Director of Finance be 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 City Manager and Director of Finance are hereby authorized to approve minor intrafund project completion of an approved project, and the accumulated total transfers are less than 10% of the total original appropriation of the project to which the funds are transferred, or $20,000, whichever is lesser. 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. Resolution No. 16216 Page 2 ' 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 9% per annum which the City Council fi rids and determines is the current prime interest rate. 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 Approve as to form by J/~t~ D. Goss E)ruce M. Boogaard ·Manger City Attorney Resolution No. 16216 Page 3 Resolution No. 16216 EXHIBIT Page 6 i! ,...~ ~ il~ ~ i~ ~ '  ~ i~ Resolution No. 16216 Page 7 Resolution No. 16216 _ Page 8 PASSED, APPROVED, and ADOPTED by the City Council of the City of Chula Vista, California, this 18th day of June, lggl by the following vote: AYES: Councilmembers: Malcolm, Moore, Nader, Rindone NOES: Councilmembers: None ABSENT: Councilmembers: None ABSTAIN: Councilmembers: None Tim Nader Mayor ATTEST: 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. 16216 was duly passed, approved, and adopted by the City Council held on the 18th day of June, lggl. Executed this 18th day of June, lggl.