HomeMy WebLinkAbout1979-08-07; City Council; Resolution 5883I RESOLUTION NO. 5883 /I
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reserve fund to fund future capital projects, and
WHEREAS, the city general fund will require an additional
$1,676,022 to fund capital construction in 1979-80, and,
WHEREAS, the remaining balance in the capital construction
reserve fund should be appropriated to fund future capital projects.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the
City of Carlsbad, California as follows:
1. That thesum of $1,426,082 is hereby transferred from
the capital construction reserve fund to the city general fund.
2. That the remaining balance in the capital construction
reserve fund of $754,136 is hereby appropriated.
PASSER, APPROVED AND ADOPTED at a regular meeting of the City
Council of the City of Carlsbad, California, held on the 7th day of
August, 1979, by the following vote, to wit:
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CARLSBAD, CALIFORNIA, TRANSFERRING FUNDS FROM THE CAPITAL CONSTRUCTION RESERVE FUND TO THE GENERAL FUND TO SUPPORT CAPITAL
THE REMAINING BALANCE OF THE CAPITAL CONSTRUCTION RESERVE FUND.
CONSTRUCTION DURING 1979-80, AND APPROPRIATING
WHEREAS, the City Council established the capital construction
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NOES :
ABSENT:
RONALD C. PACKARD, Mayor JATTEST: