HomeMy WebLinkAboutReso 1980-9921
.--
RESOLUTION NO. 9921
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA
VISTA APPROPRIATING $116,647 FROM THE GENERAL FUND
TO TRANSIT SERVICE FUND AND APPROPRIATING LTF OVER-
PAY}ffiNT FOR FY1978-79 AND AUTHORIZING REFUND
The City Council of the City of Chula Vista does hereby
resolve as follows:
WHEREAS, the required subsidy of the City of Chula Vista
for the Chula Vista Transit operations has been computed to be
$176,647 or $116,647 over the $60,000 heretofore budgeted and
appropriated for such purposes, and
WHEREAS, the City has received $767,000 from LTF although
based upon eligibility requirements, the City would receive only
$463,842 thus establishing excess revenues in the amount of $303,158,
and
WHEREAS, it is now recommended that the City appropriate
the sum of $116,647, and
WHEREAS, it is recommended that the excess monies in the
amount of $303,158 received during FY1978-79 be returned through
CPO to the City's LTF reserve account.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the
City of Chula Vista that the sum of $116,647 be appropriated from
the unappropriated balance of the General Fund and placed in the
Transit Service Fund and that the sum of $303,158 be appropriated
from the unappropriated balance of the Transit Service Fund and
said sum be reserved to the LTF reserve account through CPO.
Presented by
Approved as to form by
/, J /) /} ;..,
tA../, i' /((l-'Z;-t~~
W. J. obens, Development
Services Administrator
~~~
George . Llndberg, C~ty Attorney
ADOPTED AND APPROVED by the CITY COUNCIL of the CITY OF
CHULA VISTA, CALIFORNIA, this 10th day of January , 19 ~,
by the following vote, to-wit:
AYES: Councilmen Scott, Gillow, Cox, Hyde, McCandliss
NAYES: Councilmen None
ABSENT: Councilmen None
Mayor of the City of Chula Vista
ATTEST
City Clerk
STATE OF CALIFORNIA)
COUNTY OF SAN DIEGO) SSe
CITY OF CHULA VISTA)
I, , City Clerk of the
City of Chula Vista, California, DO HEREBY CERTIFY that the above is
a full, true and correct copy of Resolution No. , and that the
same has not been amended or repealed. DATED
City Clerk