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HomeMy Public PortalAbout80-058 (06-17-80)RESOLUTION N0. 80-58 A RESOLUTION OF THE CITY COUNCIL OF-THE CITY OF LYNWOOD APPROPRIATING UNAPPROPRIATED FUNDS FOR FISCAL YEAR 1979-80. WHEREAS, the Annual Budget for the City of Lynwood for fiscal year 1979-80 provides that unappropriated monies that are defined as proceeds of taxes to be held in prudent reserves for the purpose of establishing funds to provide for recognized liabilities; and WHEREAS, monies appropriated to establish funds shall not be considered as restricted in availability and use, and amounts may be adjusted between funds, as necessary, to serve the future needs of the City; and WHEREAS, it is the intention of the City Council to appro- priate all such unappropriated funds, and, in the event that the amount of such unappropriated funds exceeds the aggregate of the following appropriations, the excess, if any, is hereby appropriated proportionate- ly to the following accounts and the budget for general and special purposes for fiscal year 1979-80 is hereby amended accordingly: A. Appropriation from the unappropriated balance of the General Fund: Special Contingency Fund Retirement, Sick Leave and Vacation Fund B. Appropriation from the unappropriated balance of the Water Fund: Water and Sewer Capital Improvements C. Appropriation from the unappropriated balance of Self Insurance Fund: Workmen's Compensation Liability Reserve D.' Appropriation from the unappropriated balance of the Gas Tax 2106 and the Gas Tax 2107 funds: Capital Improvement and ,Street Maintenance Activity Contingency Fund $300,000 723,000 825,000 220,000 344,800 NOW, THEREFORE, BE IT RESOLVED, that the City Council of the City of Lynwood authorizes the appropriation of all unappropriated funds and approves amendment to the budget for fiscal year 1979-80. APPROVED AND ADOPTED this 17th day of June, 1980. ATTEST / Ctrl ~~ LAU~RENE COFFEY, CITY C E K CITY OF LYNWOOD CITY OF LYNWOOD 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 ~3th day of JUNE 3 1980• AYESo Councilmen; BYORK, MORRIS, THOMPSON, GREEN. NOES: Councilmen; ROWE. ABSENT: Councilmenl• NONE. e ~~ . Cat Clerk, City`of ynwood ~- - ~ - ---- LAURENE COFFEY - _- - - - _ _ ST3TE OF CALIrORNI~ ~ i . COUNTY OF LOS !~NGSLSS ~ ss . I, the undersigned, City Clerk of the City of Lynwood, do her°by certify that the above and foregoing resolution. . -eras duly adopted by t.he.City Council of said City at a regular meeting thereof"' held in the City Hall of .said---Ci~~-on the-17th_-- day o-f ---- _~.. - ; -. ~ __ .I- JUNE - , 1 980 , - -. and pas-sed by the following vote: . -.. A''~S: COUNCIL.`~EN - BYORK, MORRIS, THOMPSON, GREEN. :~10LS: COUNCIL:`~EN -ROWS. ?.SScNT: COUNCILl~1EN --NONE. " ~~ /s/ LAURENE COFFEY /s/ -:. ~. City Clem,. City of Lynwood ,~ ;. -. --- ST:~TS- Of -C~LhrG-RN-I ~ .. ~ .. ._ __.~__ . _ . __. , .- COUNT`_' OE LOS ~NGcLSS ss .: I, the undersigned City Cler'.~ of the City of .Lynwood, . ..and cler'~c of the City Council oz said City, 'do hereby certify that the above and foregoing is a full, true and correct copy oz Resolution No. 80_58- .on file in my of ~.i ce and that said resolution T~ras adopted on the data 3::d .~y the vote therein stated. dated this 19th 'day of JUNE , i 9 80 ~~~~ ~~ ~:ty Cle~'t, City O(f (,Lynwood