HomeMy WebLinkAbout1993-04-20; City Council; Resolution 93-113v
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RESOLUTION NO. 93-113
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF CARLSBAD, CALIFORNIA, ESTABLISHING THE
ECONOMIC DEVELOPMENT ACCOUNT, AND
AUTHORIZING THE APPROPRIATION AND
EXPENDITURE OF FUNDS
WHEREAS, the City Council of the City of Carlsbad has established goals i
objectives for the City that direct the efforts of the City staff; and
WHEREAS, the City Council’s Goals and Objectives include provisions
achieving economic growth and stability for the community through proactive effc
to attract target industries to the City of Carlsbad that will provide a strong econor
base; and
WHEREAS, the City staff has proceeded as directed by the City Council w
the creation of a specific economic development strategy for the Carlsbad Rarl
Project; and
WHEREAS, the carrying out of the economic development portion of t
Council’s Goals and Objectives will require the expenditure of funds for services, trak
and supplies not currently funded by the existing general fund budget.
NOW, THEREFORE, BE IT HEREBY RESOLVED by the City Council of the C
of Carlsbad, California, as follows:
1. That the above recitations are true and correct.
2. That the Economic Development Account is hereby created as part
the Community Development Department General Fund budget.
3. That the amount of $22,000 is hereby appropriated from the Gene.
fund Balance into the Economic Development Account, and is hereby combined wi
other funds transferred into this account from savings in general fund departments
bringing the total balance to $50,000.
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4. That the City Council and/or City staff are hereby authorized to t
as necessary outside the state of California when carrying out business relate
Economic Development.
5. That any balance in the Economic Development Account remainir
the end of a fiscal year 1992-93 is to be carried over and appropriated as part o
1993-94 General Fund budget.
PASSED, APPROVED AND ADOPTED at a regular meeting of the City Co
of the City of Carlsbad, California, on the 20th day of APRIL , 1993, b
following vote, to wit:
AYES: Council Members Lewis, Stanton, Kulchin
NOES: None
ABSENT: Council Members Nygaard, Finnila
ATTEST:
ALETHA L. RAUTENKRANZ, City Clerk \
(SEAL)