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HomeMy Public PortalAbout84-065 (06-19-84)RESOLUTION NO. 84-65 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LYNWOOD AUTHORIZING AN APPROPRIATION OF TWO HUNDRED FORTY THOUSAND DOLLARS ($240,000) FROI'fl FUND BALANCES TO PURCHASE FOR RESALE (WATER ONLY) IN FISCAL YEAR 1983/84. WHEREAS, The City Council, in June, 1983, adopted the Budget for fiscal year 1983/84; and WHEREAS, The line item of Purchases for Resale (Water only) was budgeted for three hundred fifty thousand dollars ($350,000); and WHEREAS, Central Basin Municipal Water District increased the assessment for water from sixteen dollars ($16) per acre foot to twenty seven dollars ($27) per acre foot, effective July 1, 1983; WHEREAS, Metropolitan Water District increased their water rate from one hundred seventy one dollars ($171) per acre foot to two hundred twenty four dollars ($224) per acre foot, effective January 1, 1984; and WHEREAS, Additional funds are required to cover the un- anticipated large increase of water cost through fiscal year 1983/ 1984; and WHEREAS, The City Council has studied this appropriation and its budget implications: ' NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Lynwood that: Section 1. The City Manager be authorized to make the following appropriation: From: To: Fund Balances ---- $240,000 2-4405-2309 Purchases for Resale (Water only) $240,000 Section 2. This Resolution shall become effective immediately upon adoption. PASSED, APPROVED and ADOPTED this 19th day of ,71,nP , 1984. ATTEST: ~ ANDREA L. HOOFER, CITY C ERK ~ ~~~ ~~~ CITY OF LYNWOOD APPROVED AS TO FORM: CITY ATTORNEY //--c~~~~ Y9 APPROVED AS TO CONTENT: 0 EPH Y. P.E., RECTOR O PUBLIC WORKS/ CITY ENGINEER (Temporary) ~~,~~ BARBARA FIKEL, ACCOUNTING MANAGER 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 regular meeting held on the~gth day of ,7tinP 1984. AYES: COUNCILMEN HENNING, ROWE, THOMPSON, MORRIS NOES: NONE ABSENT: COUNCILMAN BYORK CITY CLERK, CITY OF LY OOD ~p I