HomeMy WebLinkAboutReso 1984-11685
RESOLUTION NO.
11685
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHUIA
VISTA APPROPRIATING FUNDS FROM THE UNAPPROPRIATED
BALANCE OF THE GAS TAX FUND TO REIMBURSE THE GENERAL
FUND FOR ELIGIBLE GAS TAX ACTIVITIES FOR FY 1983-84
The City Council of the City of Chula Vista does hereby
resolve as follows:
WHEREAS, there is a possibility new state legislation
will provide additional Gas Tax Funds to local agencies during FY
1984-85 or FY 1985-86, and
WHEREAS, the allocation of these monies may be predicated
on using the current year, 1983-84, as the "Base Year" and measur-
ing the ratio of General Fund dollars to Gas Tax dollars used to
support street related activities, and
WHEREAS, depending on the final adopted formula, the City
may receive a higher share of the additional Gas Tax funds based
on its greater Gas Tax commitment in the Base Year, and
WHEREAS, the Director of Finance recommends committing
additional Gas Tax Funds in FY 1983-84 to reimburse the General
Fund for traffic signal and street light utility costs incurred.
NOW, THEREFORE, BE IT RESOLVED that the City Council of
the City of Chula Vista does hereby appropriate $211,000 from the
unappropriated balance of the Gas Tax Fund to project No.
250-2503-GT188 (Traffic Signal/Street Light Utility Costs) and
reimburse the General Fund for traffic signal and street light
utility costs incurred as shown below:
Utility Costs Incurred as of 6/13/84
Gas Tax Reirnburement
Net Cost to General Fund
$450,916.26
-211,000.00
$239,916.26
BE IT FURTHER RESOLVED that the Director of Finance be,
and he is hereby directed to record this Council action in the
accounting records of the City.
Presented by
Approved as to form by
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Thomas J. Harron, City
Attorney
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of
ADOPTED AND APPROVED BY THE CITY COUNCIL OF THE CITY OF
_A VISTA, CALIFORNIA, this 26th day of June
~, by the following vote, to_it:
s: Councilmen Scott, Malcolm, Cox, Moore, McCandliss
ES: Councilmen None
TAIN: Councilmen None
ENT: Councilmen None
Ma
EST Jl~ "iJJI~Ld~
U City Clerk
12(1"
the City of Chula Vista
rE OF CALIFORNIA )
NTY OF SAN DIEGO ) 5 s .
OF CHULA VISTA )
I, JENNIE M. FULASZ, CMC, CITY CLERK of the City of Chula Vista, California,
iEREBY CERTIFY that the above and foregoing is a full, true and correct copy of
RESOLUTION NO. 11685
,and that the same has not been amended or repealed.
ED
City Clerk
(seal)
660