CC RESOLUTION 3632RESOLUTION NO. 3632
A RESOLUTION OF THE CITY COUNCIL OF THE
CITY OF EL SEGUNDO, CALIFORNIA, APPROVING
THE TRANSFER OF FUNDS WITHIN THE VARIOUS
DEPARTMENT ACCOUNTS AND ADOPTING SUPPLEMENTAL
BUDGETARY ADJUSTMENTS FOR THE FISCAL YEAR
1989 -90.
THE CITY COUNCIL OF THE CITY OF EL SEGUNDO,
CALIFORNIA, DOES RESOLVE AS FOLLOWS:
WHEREAS, at the time the Budget for 1989 -90 was
prepared, the City Council approved the distribution of the
salary detail, materials and supplies details, other charges
detail, and capital outlay detail shown under each of the
respective departments and each of the respective accounts in
said proposed budget.
WHEREAS, when the Budget for 1989 -90 was adopted, the
City Council authorized the City Manager to transfer funds and to
then notify the City Council in writing of such transfer.
WHEREAS, Section 3 of Resolution No. 3606 adopting the
City of El Segundo's 1989 -90 Operating Budget limits the City
Manager's authority to budget transfers of $10,000 or less.
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF EL
• SEGUNDO, CALIFORNIA, DOES HEREBY RESOLVE AS FOLLOWS:
SECTION 1. The Operating Budget of the City of El
Segundo for 1989 -90 as adopted on August 15, 1989 is hereby
modified to incorporate the transfers and changes as enumerated
on the attached Schedule A, and the supplemental budgetary
adjustments as enumerated on the attached Schedule B.
SECTION 2. That $190,450 from the unappropriated
balance of the General Fund be transferred to the Equipment
Replacement Fund to supplement funds accumulated for the
replacement of the City -wide telephone system.
L�
SECTION 3. That $98,800 of this transfer will be
• advanced in anticipation of Asset Forfeiture Funds which will
become available during the next fiscal year, and that City staff
is authorized to administer the repayment transfers as funds
I
become available.
1990.
PASSED, APPROVED AND ADOPTED this 17th day of April,
Mayor o
(SEAL)
•
I ' I
city of El Segundo,
ifornia.
STATE OF CALIFORNIA )
I* COUNTY OF LOS ANGELES ) SS
CITY OF EL SEGUNDO )
I, Ronald L. Hart, City Clerk of the City of El Segundo, California, DO
HEREBY CERTIFY that the whole number of members of the City Council of said
City is five; that the foregoing resolution, being Resolution No. 3632 was duly
passed and adopted by the said City Council, approved and signed by the Mayor of
said City, and attested by the City Clerk of said City, all at a regular meeting of
the said Council held on the 17th day of April, 1990 and that the same was so
0 passed and adopted by the following vote:
AYES: Councilmembers Clutter, Dannen,
West, Anderson and Mayor Jacobson
NOES: None
ABSENT: None
WITNESS MY HAND THE OFFICIAL SEAL OF SAID CITY this 24st day
of April, 1990.
9
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11V1`ILAUJ L. HART
City Clerk of the
City of El Segundo, California
(SEAL)