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HomeMy Public PortalAbout98-117 (07-20-98)RESOLUTION NO. 98-117 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LYNWOOD ADOPTING THE ANNUAL OPERATING AND CAPITAL IMPROVEMENT BUDGET FOR THE FISCAL YEAR 1998-99 WHEREAS, the City Manager has submitted the Proposed Annual Operating and Capital Improvement Budget for Fiscal Year 1998-99; and WHEREAS, the City Council has reviewed the Proposed Budget; and WHEREAS, the City Council held several budget workshops to discuss the Proposed Annual Operating and Capital Improvement Budget; and WHEREAS, a copy of the Proposed Budget was made available for public review at the City Clerk's Office; and NOW THEREFORE, BE IT RESOLVED THAT THE CITY COUNCIL OF THE CITY OF LYNWOOD, STATE OF CALIFORNIA, DOES. HEREBY RESOLVE, DECLARE, DETERMINE AND ORDER AS FOLLOW: SECTION 1. The Annual Operating and Capital Improvement Budget for the Fiscal Year 1998-99 is hereby approved. SECTION 2. The City Manager or his designee is authorized to approve any transfer between accounts, provided that:. 1. They are within the same general group of accounts. 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 $10,0000 per transfer SECTION 3. That all incomplete Capital Improvement Projects with remaining account balances and available funding sources be carried over from FY 1997-98, to allow the work in progress relative to these projects continue in an uninterrupted manner. SECTION 4. That this resolution shall take effect immediately upon its adoption. PASSED, APPROVED AND ADOPTED this loth day of Juty 1998. ' ATTEST: ~-*~.~ ~ 6 Andrea L. Hooper, City Clerk APPROVED AS TO FO ~~ City Attorney Armando Rea, Mayor City of Lynwood Fa onzales, City age AGENDA.DOC STATE OF CALIFORNIA )' COUNTY OF LOS ANGELES ~ ~ ss I, the undersigned, City Clerk of the City of Lynwood, do hereby certify that the above and foregoing resolution was duly adopted by the City Council of said City at a. regular meeting thereof held in the City Hall of said City on the day 20th dad of Jut ' ~~ ~ , .1998, and passed by the following ____i vote: AYES: NOES: ABSENT: A$STAZN: COUNCZL.~MN $1~, RZCl~,4RDS, SANCHEZ, REA NONE NONE COUNCZI~4l,4N RE1~ES STATEOF CALIFORNIA COUNTY OF LOS ANGELES City Clerk, City of Lynwood ss. 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 .forgoing is a full, true and correct copy of Resolution No. 95-117 on file in my office and that said resolution was adopted on the date and by the vote therein stated. Dated this 20th day of Juty 1998. City Clerk, City of Lynwood AGENDA.DOC