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HomeMy WebLinkAboutAgenda Statement 1976/06/29 Item 16CITY OF CHULA VISTA COUNCIL AGENDA STATEMENT ITEM NO 16 FOR METING OF: 6-29-76 ITEM TITLE: Resolution #8237 -Appropriating funds for CETA equipment leases SUBMITTED BY~ City Manager ITEM EXPLANATION Leases on certain CETA vehicles expire on June 30, 1976. Funds for meeting these costs will be available from Federal funds after a new contract for the fiscal year beginning July 1, 1976 is executed. Since expenses incurred by the City for materials and supplies in support of the CETA program reflect in the 1976-77 budget as income to the General Fund, an appropriation from the General Fund is required. The current status of the CETA program indicates that we are assured of funding at least through December of 1976 and, while such leases for CETA vehicles could be extended through June 30, 1977 at a slight reduction in cost, we are only requesting an appro- priation to extend the leases through December, 1976. Subject leases would amount to approximately $7,750 for the 6-month period. Financial Statement: Appropriate $7,750 from the unappropriated General Fund reserve, the entire amount to be repaid from CETA funds when available. tXllltfl 15 X11 I Hl~l-1tU Agreement Resolution X Ordinance Plat Other Environmental Document; Attached Submitted on STAFF RECOMMENDATION: Approve resolution. BOARD/ COMMISSION RECOMMENDATION APPROVE D by the CitJ Council cf COUNCIL ACTION Cl,uia Vista, Ca~ifornia Form A-113 (Rev. 5-75)