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HomeMy WebLinkAboutCC Res 3299 1983-08-22 I I . I RESOLUTION NUMBER ~.:l99 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SEAL BEACH, CALIFORNIA, AUTHORIZING TB4PORARY CASH TRANSFERS AMONG CITY FUNOS. WHEREAS, General Fund. Retirement Fund and Tideland Beach Fund expenditures may exceed revenues, for a portion of the ffscal year; and WHEREAS, the excess of expenditures over revenues may cause a deficit in said funds; and WHEREAS, there are monies available in certain other City funds; and WHEREAS, the City Council deems it to be in the best interest of the City of Seal Beach that an adequate operating cash balance exist in said funds. NOW, THEREFORE, BE IT RESOLVEO that the amounts specified below be transferred' as herein specified: FROM TO AMOUNT $506,322 300,000 166,630 250,000 150,000 201,450 Plant & Equipment Fund General Fund Retirement Fund Tideland Beach Fund Genera 1 Fund General Fund General Fund Cash Basis Fund Traffic Safety Fund Special Gas Tax Funds Water Maintenance & Operating Funds Revenue Sharing General Fund General Fund 219,660 176,000 BE IT FURTHER RESOLVED that all amounts transferred in accordance with this resolution be returned to the fund from which transferred by fiscal year end in compliance with Seal Beach City Code together with interest on the amounts transferred from Federal Revenue Sharing, State Gas Tax and Water Maintenance and Operating Funds. PASSEO, APPROVED and ADOPTED by the q t,y Council of fte Ci ty of Seal Beach at a meeting thereof held on the c:;1d"':~ day of~ , 1983, by the following vote: AYES: NOES: ABSENT: r-> Council members Counci lmembers Councilmembers ,~ 140- ATTEST: (~...jh/ c'^ City er I ~ STATE OF CALIFORNIA ) COUNTY OF ORANGE ) SS CITY OF SEAL BEACH ) ImJil.~ $~Of SEAL s.. II, .=- -_.......~.,... " 1~"'~"i:oa.o...I... C ~ ; ;:; ,<to ".\'So t ~. .,,:. to... a " ~ 0: :4 rho ~., .: ~ l"......,. ..Ott "1t"Q""'~~' ~ ~,. \~~ "'-:" c ". ..... ,r;.... -""\\ OUN1'(. I, Joanne, M. Yeo, City Clerk of the City of Seal Beach, Californla, do hereby certify that the foregolng resolution lS the original copy of Resolutlon Number ~ on file in the offlce of the Clty Clerk, passed, approved anCliddPted by the Clty Council of the I City of 1 Beac~t a regular meetlng thereof held on the ~~'*'~ day of L , 1983. ) /'1 . / ,~