HomeMy WebLinkAbout2010-11-30; City Council; Resolution 2010-264Exhibit 1
1 RESOLUTION NO. 2010-264
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A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
3 CARLSBAD, CALIFORNIA, APPROVING REVISIONS TO CITY
4 COUNCIL POLICY NO. 74 GENERAL FUND RESERVE
GUIDELINES.
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7 WHEREAS, the City Council adopted Council Policy 74, concerning
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General Fund reserve guidelines, on March 7, 2008; and
9 WHEREAS, the Council proposes revisions to Council Policy 74, in
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order to incorporate changes that restrict the use of General Fund reserves.
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NOW, THEREFORE, BE IT RESOLVED by the City Council of the
City of Carlsbad, California, as follows:
j4 1. That the above recitations are true and correct.
15 2. That City Council Policy No. 74 be amended to read as set forth in
16 Exhibit 2 to the Agenda Bill entitled Revise City Council Policy 74 General
17 Fund Reserve Policy.
1 8 3. That the City Clerk is hereby authorized to provide a copy of Policy
19 No. 74 to all City departments and to all persons who request a copy.
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PASSED, APPROVED AND ADOPTED at a Special Meeting of the City Council
of the City of Carlsbad on the 30th day of November, 2010, by the following vote to wit:
AYES: Council Members Lewis, Kulchin, Hall, Packard and Blackburn.
NOES: None.
ABSENT: None.
CTA'tJDTf A. LEWIS, 'Mayo
ATTEST:
LORRAINE M. WOOD, Cit/Clerk /
(SEAL) (j