HomeMy Public PortalAbout87-103 (06-29-87)RESOLUTION NO. 87-103
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LYNWOOD
AMENDING THE ANNUAL BUDGET FOR 1986-87 BY APPROPRIATING
MONIES TO THE RENEWAL, REPLACEMENT AND BENEFIT RESERVE FUNDS
IN THE GENERAL FUND, SPECIAL REVENUE FUNDS, AND EXPENDABLE
TRUST FUNDS
WHEREAS, the annual budget for the City of Lynwood for
fiscal year 1986-87 provides that unappropriated monies be held
in prudent reserves, and
, WHEREAS, it has now been determined that appropriating
these reserve funds in a manner corresponding to the operational
mode of the City of Lynwood is reasonable and proper and
WHEREAS, funds established and monies appropriated
shall not be considered as restricted totally in their funds as
necessary to serve the future needs of the City of Lynwood.
NOW, THEREFORE, the City Council of the City of Lynwood
does hereby find, proclaim, order and resolve as follows:
Section 1. Any unappropriated balance in the General
Fund as of June 30, 1987 shall be automatically appropriated into
the renewal, replacement and benefit reserve funds therein, and
Section 2. Any unappropriated balance in the special
revenue funds as of June 30, 1987, shall be automatically
appropriated into the renewal, replacement and benefit reserve
funds therein, and
'
Section 3. Any unappropriated balance in the enterprise
funds as of June 30, 1987 shall be automatically appropriated
into the renewal, replacement, and benefit reserve funds therein
and
Section 4. Any unappropriated balance in the Expendable
Trust Fund as of June 30, 1987 shall be automatically
appropriated into the renewal, replacement and benefit reserve
fund therein.
PASSED, APPROVED AND ADOPTED this 29th day of
June 1987.
P UL H. RICHARDS II, Mayor
City of Lynwood
ATTEST:
~'~(,~.~-GL. / ~ , f ~~~Q~`~'"
ANDREA L. HOOPER, City erk
APPROVED AS TO FORM:
r'J / ; ~,1 / % % ~, _
J
City Attorne~.,, ~
City of Lynwood
APPROVED AS TO CONTENT:
EVEL DAHL
Acting Accountinq Manager
City of Lynwood
3AS-R8
1
STATE OF CALIFORNIA )
)
COUNTY OF LOS ANGELES )
I, the undersiqned, 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 s~eciat
meeting held on the 29th day of June ,1987.
AYES: COUNCILMEMBER BYORK, MORRIS, 1VELLS, RICHARDS
NOES: NONE
ABSENT: COUNCILMEMBER HENNING
C~~~~~ LE~~.~l~ ~ ~
City Clerk, City of Lynwoo
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 Re~solution
No. 87-103 on file in my office and that said resolution was adopted
on the date and by the vote therein stated.
Dated this
ss.
3rd
day of August , 1987.