HomeMy WebLinkAbout1979-06-25; City Council; Resolution 58221
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RESOLUTION NO. 5822
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF CARLSBAD, CALIFORNIA CREATING AND ESTAB- LISHING A MAINTENANCE AND OPERATION RESERVE FUND.
WHEREAS, the City Council carries over funds from year to
rear to meet the City’s fluctuating need for operating funds; and
WHEREAS, such funds have been carried over as unappropriated
fund balances not specifically appropriated for such purposes; and
WHEREAS, the City Council desires to appropriate funds for
such purposes:
NOW, THEREFORE, BE IT RESOLVED by the City Council of the
:ity of Carlsbad, California, as follows:
1. There is hereby created a fund to be known as the Main-
:enance and Operations Reserve Fund.
2. The City Council from time to time may appropriate funds
:o, or expend or transfer funds from the Maintenance and Operations
teserve Fund as the Council deems necessary for any purpose.
3. There is hereby appropriated from the unappropriated
;enera1 Fund balance the sum of one million dollars ($l,OOS,OOO) for
leposit in the Maintenance and Operations Reserve Fund.
PASSED, APPROVED AND ADOPTED at an adjourned meeting of the
:ity Council of the City of Carlsbad, California, held on the
25th day of June , 1979, by the following vote,
:o wit:
AYES Mayor Packard, Councilmen Skotnicki, Lewis, Anear
NOES None Councilwoman Casler
---._ -3 /*”. ABSENT None ,“. ..f -/k@$tn///<:
-G% Ai / /\ m B
iLETHA L. RAUTENKRANZ, City’Cldk ANITA DACK MURPHY, Deputy City Clerk [seal)
-
RONALD C. PACKARD, Mayor
and