HomeMy WebLinkAbout1995-02-14; City Council; Resolution 95-42e 0 EXHIBI'
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RESOLUTION NO. 9 5 - 4 2
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
CARLSBAD AUTHORIZING THE TRANSFER OF $31 8,539
FROM THE STREET LIGHTING ASSESSMENT FUND
BALANCE TO THE FY 94-95 STREET LIGHTING BUDGET
FOR PURCHASE OF AN SDG&E STREET LIGHTING
SYSTEM WITHIN THE CITY OF CARLSBAD
WHEREAS, The City Council of the City of Carlsbad has approved the purch
an SDG&E public street lighting system; and
WHEREAS, the total cost of the lighting system is determined to be $318,53!
WHEREAS, direct payment for the lighting system must be made from the CI
FY Street Lighting budget; and
WHEREAS, the current Street Lighting Fund balance has sufficient funds ava
to cover the cost of the lighting system.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Carl
1. That the above recitations are true and correct.
2. That the transfer of $318,539 from the Street Lighting Fund Balance to thc
active FY 94-95 Street Lighting Budget is approved.
3. That the Finance Director is hereby authorized to complete said fund tran
PASSED, APPROVED AND ADOPTED at a regular meeting of the City Counc
the City of Carlsbad, held on the I 4th day of FEBRUARY , 1995, by the
following vote, to wit:
AYES: Council Members Lewis, Nygaard, Kulchin, Finnila, Hall
NOES: None
ABSENT: None
ATTEST:
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AL€THA L. RAUTENKRANZ, City Clerk I