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HomeMy Public PortalAbout89-119 (07-05-89)RESOLUTION NO. 89 -119 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LYNWOOD ADOPTING THE ANNUAL OPERATING AND CAPITAL IMPROVEMENT BUDGET FOR THE FISCAL YEAR 1989190 WHEREAS, the City Manager has submitted a proposed Annual Operating and Capital Improvement Budget for the Fiscal Year 1989/90 (Attachment A ); and WHEREAS, the City Council has studied the proposed budget and approved same with changes; and WHEREAS, Council held a public hearing on July 5, 1989 to allow for public comment prior to adoption; NOW, THEREFORE, the City Council of the City of Lynwood does hereby find, proclaim, order and resolve as follows: Section 1. The Annual Operating and Capital Improvement Budget for the Fiscal Year 1989/90 is hereby approved and adopted along with the changes added by the City Council at their June 14th and June 19th workshops. Section 2. Authorizes the City Manager, or his designee, to approve any transfer between accounts, provided that: 1. They are within the same general group of accounts (Personnel, Operations or Capital Outlay); 2. They are being transferred to cover expenses of temporary personnel due to vacant positions; 3. They are within the same fund; ' 4. They do not exceed $10,000 per transfer. Section 3. Funds for Capital Outlay can only be used for those items 1 through 8B, 13, 14 and 15 in the approved Capital Outlay list (Attachment A) in the FY 1989/90 Annual Budget or for those items approved by the City Manager or his designee. 1. Authorize staff to increase the ICLFA loan amount from 1 million to 2.5 million and direct staff not to apply for the 1.5 million Section 108 loan. Section 4. This resolution shall go into effect immediately upon its adoption. PASSED, APPROVED AND ADOPTED this 5th day of July 1989. - EVELYN Mayor City of Lynwood ATTEST / _ AN D RE A ANDREA L. HOOPER, Cit Clerk APPROVED AS TO FORM: Attorney of Lynwood APPROVED AS TO CONTENT: CHARLES G. GOMEZ City Manager City of Lynwood STATE OF CALIFORNIA ) ss. COUNTY OF LOS ANGELES ) I, the undersigned, City Clerk of the City of Lynwood, do hereby certify that the foregoing resolution was passed and adopted by the City Council of the City of Lynwood at a regular meeting held on the 5th day of July ,1989. AYES: COUNCILMEMBERS HEINE, HENNING, MORRIS, RICHARDS, WELLS NOES: NONE ABSENT: NONE City Clerk, City of Lyn ood STATE OF CALIFORNIA ) ss. COUNTY OF LOS ANGELES ) I, the undersigned, and Clerk of the City Council that the above and foregoing Resolution No. 89 -119 on file resolution was adopted on the stated. City Clerk of the City of Lynwood, of said City, do hereby certify is a full, true and correct copy of in my office and that said date and by the vote therein Dated this _7th day of July , 1989. City Clerk r --