Loading...
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 ~ / ji I / " , / ;J> " /J ,/, ( '/,,:/." /' /1 /1', ,,________ /J/ _ , "c~~.~/, . c/,./' ,.?. Thomas J. Harron, City Attorney L 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above and foregoing is a full, true and correct copy of RESOLUTION NO. 11685 ,and that the same has not been amended or repealed.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