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HomeMy Public PortalAbout1999.162 (10-01-99)RESOLUTION NO. 99.162 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LYNWOOD ADOPTING THE ANNUAL OPERATING AND CAPITAL IMPROVEMENT BUDGET FOR FISCAL YEAR 1999-2000 WHEREAS, the City Manager has submitted the Proposed Annual Operating and Capital Improvement Budget for Fiscal Year 1999-2000; and , WHEREAS, the City Council has reviewed the Proposed Budget; and WHEREAS, the City Council held several budget workshops to discuss the Proposed Operating Budget; and WHEREAS, a copy of the Proposed Budget was made available for public review in the City Clerk's Office: NOW THEREFORE, the City Council of the City of Lynwood does hereby find, order, and resolve as follows: Section 1. The Annual Operating and Capital Improvement Budget for Fiscal Year 1999-2000 is hereby approved. Section 2. The City Manager or his designee is authorized to approve any transfer between accounts, provided that: F_'"~ 4 j 1) They are within the same general group of accounts. 2) They are being transferred to cover expenses of temporary personriel due to vacant positions. 3) They aze within the same fund. 4) They do not exceed $10,000 per transfer. ~ . Section 3. That all incomplete Capital Improvement Projects with remaining account balances and available funding sources be carried over from FY 1998-99, to allow the work in progress relative to these projects continue in an uninterrupted manner. Section 4. This resolution shall go into-effect immediately upon its adoption. PASSED, APPROVED AND ADOPTED this l s t day of October 1999. RICA~DO SANCHEZ, MA ATTEST: Andrea L. Hooper, City Jerk APPROVED AS TO FORM: Attorney APPROVED AS TO CONTENT: Ral Davis, Interim City Manager F. Earnest ' of Finance & Administration 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 1st, day of October, 1999. AYES: COUNCIL' MEN BYRD, REYES, RICHARDS, SANCHEZ NOES: COUNCILMAN REA ABSENT: NONE ,t City Clerk, City of Lynwood 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. 99.162 on file in my office and that said resolution was adopted on the date and by the vote therein stated. Dated this 1st day of October, 1999. , City Clerk