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HomeMy Public PortalAbout97-010 (01-04-97)RESOLUTION NO. 97-10 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LYNWOOD AUTHORIZING THE LYNWOOD BUSINESS INSTITUTE TRANSITION AND AUTHORIZING THE CITY MANAGER OR HIS DESIGNEE TO MAKE THE NECESSARY FUNDS APPROPRIATION AND TRANSFERS. WHEREAS, on December 3, 1996 the City Council adopted RESOLUTION NO. 96-183, ~ A Resolution of the City Council of the City of Lynwood approving the substantial change to the City's HUD Consolidated Plan One Year Action Plan for Fiscal Year 1996-97; and WHEREAS, the resolution authorized the cancellation of the Lynwood Entrepreneur Development Academy program; and WHEREAS, the resolution authorized the continuation of the City's efforts to provide business development opportunities to Lynwood businesses and residents via the Lynwood Business Institute (LBI), a program administered by the Environmental Services Division, Department of Community Development; and WHEREAS, to successfully phase out the Lynwood Entrepreneur Development Academy program and to implement the Lynwood Business Institute as a Ciry program, costs have been estimated at $77,000; and WHEREAS, such costs to be incurred by this transition are not eligible for CDBG funding;and WHEREAS, the Ciry's FY 1996-97 Budget dces not provide funding to finance the transition. WHEREAS, the amount of $71,000 for the transition needs to be appropriated. ~ NOW, THEREFORE, BE IT RESOLVED, by the Ciry Council of the City of Lynwood as follows: Section 1. Staff is authorized to complete the transition of the Lynwood Business Institute. Section 2. That the CiTy Manager or his designee is authorized to make the following funds appropriation and transfers: FROM General Fund Unappropriated Fund Balance $71,000 TO Lynwood Business Institute Transition Expenditure Acct.# $71,000 Section 3 This resolution shall take effect immediately upon its adoption. ~ PASSED, APPROVED and ADOPTED this 4th ~Y of January 1997 (~ %~/ , PAIJL H. RICHARDS II, Mayor Ciry of Lynwood EST: / i ANDREA L. HOOPER, Ciry Clerl. APPROVED AS TO FORM: rY7+~1~~ ~ ~ City Attorney City of Lynwood STATE OF CALIFORNIA ) ) ss: COUNTY OF LOS ANGELES ) APPROVED ASTO CONTENT: City Manager ~7 ~ ~ ~ ~ (~1~'~'~` ALI~FRE'fTA F. EARNEST, Asst. Ciry Manager-Admin. Services/ Directoc of Finance ~ EMILIO M. MURGA, Asst. ity ager Environmental Services/D' ecto f Public Works I, the undersigned, City Clerk of the City of Lynwood, do hereby certify that the above and foregoing resolution and duly adopted by the City Council of said City at a cegular meeti~g thereof held in the City Hall of the City on the 4tllay of JaflUdry , 1997, and passed by the following vote: AYES: COUNCILMEMBER BYRD, HEINE, HENNING, REA, RICHARDS NOES: NONE ABSENT: NONE ~a~ f City Clexk, Ciry of Lynwood STATE OF CALIFORNIA ) ) ss: COUNTY OF LOS ANGELES ) I, the undersigned, Ciry Clerk of the City of Lynwood, and Clerk of the City Council of said Ciry, do hereby certify that the abwe and foregoing is a full, true and correct copy of Resolution No. 97-10 on file in my office and that said resolution was adopted on [he date and by the vote therein stated. Dated chis 5th day of January , 199~.