HomeMy WebLinkAboutReso 1980-10153
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RESOLUTION NO. 10153
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA
VISTA ESTABLISHING "RESERVE FOR CONTINGENCY" ACCOUNTS
AND APPROPRIATING FUNDS THERETO
The City Council of the City of Chula Vista does hereby
resolve as follows:
WHEREAS, because of the restraints of Proposition 4, the
"Gann Initiative", it is not desirable to carry forward certain
unappropriated funds into fiscal year 1980-81 which would set
limitations on all future appropriations of the City, and
WHEREAS, funds appropriated during the 1979-80 fiscal
year are not affected by such limitations and it is, therefore,
desirable to authorize the appropriation of unappropriated
balances from the following funds as such balances may exist on
June 30, 1980 into a reserve for contingency account in each of
the following funds:
General Fund
State Library Act Fund
Sewer Service Fund
Parking Meter Fund
Transit Service Fund
Special Gas Tax Fund
Sewer Income Fund
Park Acquisition and Development
Residential Construction Tax
Special Capital Outlay
NOW, THEREFORE, BE IT RESOLVED that the City Council of
the City of Chula Vista does hereby create an account entitled
"Reserve for Contingency".
BE IT FURTHER RESOLVED that as of June 30, 1980, the
Director of Finance of the City of Chula Vista be, and he is
hereby authorized to transfer said fund balances into the
appropriate reserve for contingency account as permitted by
Section 5 of the Gann Initiative.
Presented by
Approved as to form by
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Gordon K. Grant, Director George D. Lindberg, City
of Finance City Attorney
ADOPTED AND APPROVED BY THE CITY COUNCIL OF THE CITY OF
CHlLA VISTA, CALIFORNIA, this 24th
19'1 0 , by the following vote, to-wit:
day of.
June
:
AYES: Cooocilmen Cox, Hyde, McCand1iss, Scott, Gi 11 ow
NAYES: Councilmen None
ABSTAIN: Cculcilmen None
ABSENT: Councitnen None
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Mayor of the City of ChuIa Vista
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ATT~4t-Z'U"'. _ '1., J' ~
I~ - City Clerk
STATE OF CALIFORNIA )
COUNTY OF SAN DIEGO ) 55.
CITY OF CHULA VISTA )
I, JENNE M. FULASZ, CPtC, CITY CLERK of the City of Chulo Vista, California,
DO HEREBY CERTIFY that the above and foregoing is 0 full, true and correct copy of
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RESOLUfrON NO. 10153 ,and that the same has not been amended or repealed.
DATED
City Clerk
( seal)
CC-660
10 ( '53