HomeMy Public PortalAbout96-004 (01-02-96)RESOLUTION NO. 96 -4
' A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LYNWOOD
AUTHORIZING THE REAPPROPRIATION AND TRANSFER OF FUNDS TO
COVER OUTSTANDING CDBG ENCUMBRANCES AND OBLIGATIONS
REMAINING AT FISCAL YEAR ENDING JUNE 30, 1995
WHEREAS, the CDBG Budget included appropriations to various public service
and economic development programs. Purchase orders were issued to subrecipients to
encumber funds for services, however all invoices were not received prior to year ending
June 30, 1995, and
WHEREAS, certain CDBG programs had not met all program requirements,
which has resulted in carryover of cost into the current fiscal year; and
WHEREAS, funding was appropriated during fiscal year 1994 -95 to cover
incurred cost for providing services, and
WHEREAS, Fiscal year 1995 -96 Annual Operating Budget does not include
appropriations for outstanding obligations, therefore the balance of these encumbrances
require reappropriations; and
WHEREAS, the reappropriation of funds is a standard procedure in governmental
accounting and is in accordance with Generally Accepted Accounting Principles.
NOW, THEREFORE, the City Council does hereby find, order and proclaim as
follows:
Section 1 . That the City Manager or his designee is authorized to make the
following appropriations:
ACCOUNT NO.
PROJECT NAME
AMOUNT TO BE
CARRIED OVER
A.
28- 4669 -4239
Genesys Academy
4,476.54
B.
28- 4669 -4289
Truevine Homeless Men Program
2,685.64
C.
28- 4669 -4295
Drive By Agony
1,342.85
D.
28- 4669 -4243
New Testament Nursery
2,686.24
E.
28- 4669 -4234
Project Impact
2,685.60
F.
28- 4669 -4286
Economic Development
7,955.23
I Section 2 . This resolution shall become effective immediately upon its adoption.
PASSED OPTED THIS 2nd day of January
1996. �-
PAUL H. RICHARDS II, MAYOR
CITY OF LYNWOOD
ATTEST:
q ,4-j DREA L.HOOPER
CITY CLERK
APPROVED AS TO FORM:
CITY ATTORNEY
STATE OF CALIFORNIA )
COUNTY OF LOS ANGELES )
APPROVED AS TO CONTENT:
FAUST G
CITY MANAGER
( ��' i, 4L"-Z��
L RETTA F. EARNEST
DIRECTOR OF FINANCE
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 2nd day of January,
1995.
AYES: COUNCILMEMBER BYRD, HEINE, HENNING, REA, RICHARDS
NOES: NONE
ABSENT: NONE
STATE OF CALIFORNIA ) §
COUNTY OF LOS ANGELES )
City Clerk, City of Lynwo d
I, the undersigned City Clerk of the City of Lynwood, and Clerk
of the City Council of said City, do hereby certify that the above and
foregoing is a full, true and correct copy of Resolution No. 96 -4 on file
in my office and that said resolution was adopted on the date and by the
vote therein stated.
Dated this 2nd day of January, 1996.