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HomeMy Public PortalAbout84-070 (06-29-84)A RE; CITY LOAN WITH YEAR RESOLUTION N0. 84-70 iOLUTION OF THE CITY COUNCIL OF THE OF LYNWOOD APPROVING THE TEMPORARY OF GENERAL FUND CASH TO ALL FUNDS DEFICIT CASH BALANCES FOR FISCAL ENDING JUNE 30, 1984 WHEREAS, 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, BE IT RESOLVED that the City Council of the City of Lynwood hereby: Section 1. Authorize the Accounting Manager to process temporary loans of General Fund cash to all funds with deficit cash balances at fiscal year end (June 30, 1984). PASSED, APPROVED and ADOPTED this 29th day of June 1984. o E. L. MO IS, MAYOR CITY OF LYNWOOD ATTEST: ANDREA L. HOOPER, CITY LERK CITY OF LYNWOOD APPROVED AS TO CONTENT: APPROVED AS TO FORM: CITY ATTORNEY ~-~- ~ (~ ~~~ BARBARA FIKEL, ACCOUNTING MANAGER 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 29th day of June 1984. AYES: COUNCILMEN HENNING, ROWS, THOMPSON, MORRIS NOES: NONE ABSENT: COUNCILMAN BYORK C:1TY CL I~F LS