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HomeMy WebLinkAbout1998-02-10; City Council; Resolution 98-291 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 1 @SOLUTION NO.: 98-29 e Exhibit 1 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CARLSBAD, CALIFORNIA, APPROVING THE DISBURSEMENT TO THE SAN DIEGO COUNTY INVESTMENT POOL WHEREAS, total appropriations for each fund may only be increased or decreased by authorization of the City Council: and WHEREAS, the Council has received and agrees with the findings that errors were made in the apportioning of interest earnings to participants in the San Diego County Investment Pool and that the City was over paid. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Carlsbad, California, as follows: 1. That the above recitations are true and correct. 2 That the disbursement to the San Diego County Investment Pool be approved and appropriated from the General Fund Balance. PASSED, APPROVED AND ADOPTED at a regular meeting of the Carlsbad City Council held on the 10 day of February , 1998, by the following vote, to wit: AYES: Coiuncil Members Lewis, Kulchin, Hall, Nygaard & Ramona (SEAL) - 1