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HomeMy Public PortalAbout88-106 (07-05-88)RESOLUTION NO. 88-106 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LYNWOOD ADOPTING THE ANNUAL OPERATING AND CAPITAL IMPROVEMENT BUDGET FOR THE FISCAL YEAR 1988/89 WHEREAS, the City Manager has submitted a proposed Annual Operating and Capital Improvement Budget for the Fiscal 1987/88; and WHEREAS, the City Council has studied the proposed Budget and approved same with changes; and NOW, THEREFORE, the City Council of the City of Lynwood DOES HEREBY RESOLVE as follows: Section 1. The Annual Operating and Capital Improvement Budget for the Fiscal Year 1988/89 is hereby approved and adopted along with the changes added by the City Council and attached as Exhibit 1. Section 2. Authorizes the City Manager, or his designee, to approve any transfer between accounts, provided that: 1. They are within the same general group of accounts (Personnel, Operations, or Capital Outlay); 2. They are being transferred to cover expenses of temporary personnel due to vacant positions. 3. They are within the same fund; 4. They do not exceed $10,000 per transfer. Section 3. Funds for Capital Outlay can only be used for those items listed in the approved Capital Outlay list in the FY 1988/89 Annual Budget or for those items approved by the City Manager or his designee. Section 4. This Resolution shall take effect immediately upon its adoption. PASSED, APPROVED AND ADOPTED this 5th day of July 1988. `~ PA L H. RI RDS II, Mayor City of Lynwood ATTEST: DREA~ ER,~City Jerk i FORM: APPROVED AS TO CONTENT: t orney DONALD J. FRASER of Lynwood Assistant City Manager City of Lynwood 1 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 regular meeting held on the 5th day of July ,1988. AYES: COUNCILMEMBER HEINE, HENNINC, MORRIS, WELLS, RICHARDS NOES: NONE ABSENT: NONE ~] i ~6~ City Clerk, City of Lynw od STATE OF CALIFORNIA ) ss. COUNTY OF LOS ANCELF.S ) 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. 88-106 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 1988. ~~~ ~~ ~~ City Cler