HomeMy Public PortalAbout88-103 (06-29-88)RESOLUTION Pd0. 88-103
A RESOLUTION OF THE CITS• COl!Ni;IL, OF THE CITY OF LYNWOOD
AMENDING THE ANNUAL BUDGET FOR 1985-88 BY APPROPRIATING ?96NIES
TO THE RENEWAL, REPLACETMIE*JT AND BENEFIT RESERVE FONDS I.": 'THE
GENERAL FIiND, SPECIAL. REVENUE FUNDS, AN'D ENPF.NDAHLE PRUST
FUNDS
IvHEREAS, the annual budget for the City of I,ynweod
for fiscal 3-ear 1987-88 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 ]. Any unappropriated balance in the General
Fund as of June 30, 1988 shall be automatically appropriated
into the Renewal, Replacement and Benefit Reserve Funds
therein, and
Section 'L. Any unappropriated balance in the Special.
Revenue Funds as of June 30, 1988, 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, 1988, shall be automatically
appropriated into the Renewal, Replacement and Benefit Reserve
Funds therein and
Section 4. Any unappropriated balance in the
I?xpendable Trust Fund as of June 30, 1988, shall be
automatically appropriated into the Renewal, Replacement and
Benefit. Reserve Fund therein.
PASSED, APPROVED AND ADOPTED this
29th
day of
June ]988.
`~-
PAUL: H. RICHARDS II, 'Mayor
ATTEST
ANDREA L. HOOFER, City Clerk
APPROVED AS TO CODITENT:
LLi~
h~`~ __
A~t•ng Director of Accounting
City of Lynwood
APPROVED AS T'C FGR^I:
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
special meeting held on the 29th day of June 1988,
P.YES: COUNCILMEMBER HEINE, HENNING, MORRIS, WELLS, RICHARDS
NOES: NONE
ABSENT: NONE
City Cler City o Lynwo
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. 88-103 on file in my office and that said
resolution was adopted on the date and by the vote therein stated.
Dated this 12th day of July l9gg,
L~~'~Yt~C~.GL~
City Clerc