HomeMy Public PortalAbout87-102 (06-29-87)RESOLUTION NO. ~7-102
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LYNWOOD
APPROVING THE TEMPORARY LOAN OF GENERAL FUND CASH TO ALL
FUNDS WITH DEFICIT CASH BALANCES FOR FISCAL YEAR ENDING JUNE
30, 1987
WAEREAS, it is anticipated that there will be several
funds with deficit cash balances at the end of the fiscal year;
and
WHEREAS, it is fiscally prudent to eliminate these
deficit cash balances prior to closing the fiscal year.
NOW, THEREFORE, the City Council of the City of Lynwood
does hereby find, proclaim, order and resolve as follows:
Section 1. That the Accounting Manager is authorized to
process temporary loans of General Fund cash to all funds with
deficit cash balances at fiscal year end (June 30, 1987).
PASSED, APPROVED AND ADOPTED this 29th day of
June lgg~,
~~~~~~-~.-- ~
PAUL H. RICHARDS II, Mayor
City of Lynwood
ATTEST:
~~~., ~ ,~~~EC~G~
' ANDREA L. HOO ER, City Clerk
APPROVED AS TO CONTENT:
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Accounting Manager
City of Lynwood
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APPROVED AS TO FORM:
STATE OF CALIFORNIA )
)
COUNTY OF LOS ANGELES )
ss.
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 special
meeting held on the 29th day of June ,1987.
AYES: COUNCILMEMBER BYOHK, MORRIS, WELLS, RICHARDS
NOES: NONE
ABSENT: COUNCILMEMBER HENNING
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%r~ Ci~ f Lyn od
City Clerk,
STATE OF CALIFORNIA )
) ss.
COUNTY OF LOS ANGELES )
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. 87-102 on file in my office and that said resolution
was adopted on the date and by the vote therein stated.
Dated this 3rd day of August , 1987.
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City Cler~-