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HomeMy Public PortalAbout2003.125 (07-01-03)~ T RESOLUTION NO. 2003.125 ° A RESOLUTION OF THE CITY COUNCIL OF'THE CITY '~ ~ ~OF LYNWOOD ADOPTING THE BIENNIAL OPERATING AND CAPITAL 1MPROVEMENT BUDGET FOR FISCAL .~' . YEARS 2003/04 AND 2004/05 ~ ~ • i VVHEREAS, the City Manager has submitted the Proposed biennial 1 Operating. and Capital Improvement Budget for Fiscal Years 2003/04 and , 2004/05; and WHEREAS, the City Council has reviewed the Proposed Budget; and V.VHEREAS, the City Council held budget workshops to discuss the Proposed Operating Budget; and ~ . " 1NFIEREAS,: a copy of the Proposed, Biennial 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 o The. ~iennial Operating and Capital Improvement ~udget for Fiscal Years 2003/04 and 2004/05 is hereby approved. , . , ~ . Section 2.. ,The City Manager or. her 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 tempora'ry personnel due to . vacant positions. • 3) TFiey are within the same fund. ' ~ ~ 4) They do not exceed $10,000 per #ransfer.. ~ ~ Section 3. That all incomplete Capital Improvement Projects with t- remaining account balances and available funding sources be carried over frorr~ , the prior fiscal year, to allow the work in progress relative to these projects to continue in an uninterrupted manner. ~ ~ Section.4. This resolution shall go into effect immediately upon its~ adop~ion. ~ ' ~ ' PASSED; APPROVED AND ADOPTED this 15t day of July 2003~. , .- . - ~ , y 1 ~ , ~ . ~/~~~'ll%r~~~~ ~ ~ ~. ' ~ ERNANDO PED OZA, MA~ F2 . _~ . A~'TESTo ' ' ~ ,~ ` ~ ' . , . Andrea L. Hooper, City Clerk ° . , . ~ , APPROVED AS TO FORM: APPROVED AS TO CONTENT: 4 ~ ~'~---~~. i Attorney L rry Herr~pe, City 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 Reso(ution was passed and adopted by the City Council of the City of Lynwood at a regular meeting held on the ls~ ~ day af ,3u~ 4~ , 2003. ~ AYES: COf~I~C~IP~E~i BYRD, ~~CH~1~t~S, PED~tQZA NOES: ' C~U~lCILMEI~ P.~YE~,'~RODR~Gt~~Z ABSENT: ~QNE A~STAIN: ~Q~~ ~_ Andrea L. Hooper, City Clerk STATE OF CALIFORNIi4 COUNTY OF LOS ANGELES } } } 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 foregoing is a full, true and correetion copy of Resolution No. ~0~3. ~~5 on file in my office and that said Resolution was adopted on the date and by the vote therein stated. Dated this ~.s'~, day of ~~a~ 2003. p5 , f~ Andrea L. Hooper, City Clerk ~