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R-229 FIN:CMD BT f\admm\sttrpts\resopaap 98 Parkmg Authority Meetmg June 24, 1997 Santa MOnica, California RESOLUTION NO. ~ (Parking Authority Series) A RESOLUTION OF THE PARKING AUTHORITY OF THE CITY OF SANTA MONICA APPROVING ITS BUDGET FOR THE FISCAL YEAR 1997-98 WHEREAS, the proposed budget for the fiscal year 1997-98 was submItted to the Parkmg Authority not less than thirty-five (35) days prior to July 1, 1997, and WHEREAS, the Parkmg Authority held a public heanng on said budget after a notice of said budget hearing was published not Jess than ten (10) days prior thereto, and WHEREAS, after saId public heanng, the Parking Authority considered further Its proposed budget, NOW THEREFORE, THE PARKING AUTHORITY OF THE CITY OF SANTA MON ICA RESOLVES AS FOLLOWS SECTION 1 The budget as submItted by the Executive Director and reVised by the Parking Authority, entitled "City of Santa Monica, Proposed Budget, 1997-98" (Budget), IS hereby approved and adopted In adoptmg the Budget, the Parking Authority mtends to, and by thiS Section does, adopt and approve the totai operatmg appropriatIon, consisting of - 1 - Salaries and Wages, Supplies and Expenses, and CapItal Outlay major expendIture categories, each program category of the Capital Improvements budget, and the revenue detail The ExecutIve Director IS authorized to allot as appropriated A copy of the Budget IS attached hereto as Exhibit A SECTION 2 A certified copy of the Budget shall be filed with the Director of Finance/City Controller and with the City Clerk, and certified copIes of the Budget shall be reproduced and made available for use as directed by Section 1505 of the Charter of said City SECTION 3 In adopting the Budget, the Parking AuthOrity does hereby reappropriate the unencumbered balances and unexpended encumbrances of the fiscal year 1996-97 Capital Improvements budget In an amount not to exceed $23,192 SECTION 4 The Secretary shall certify to the adoption of thiS Resolution, and thenceforth and thereafter the same shall be In full force and effect APPROVED AS TO FORM } ,~\ 1-1 .../; /' " fUh" 11 I , I j ,I .- " I I' I',~ If-{ J Lt~___~ ( 1/tA:--- '.(....t:."t-'...t, --"t.-- MARSHA JONES MOUTRIE CIty Attorney - 2 - Adopted and approved thIS 24th day of June. 1997 A ~O~ rame1a -O'Connor, Charr I hereby certIfy that the foregomg ResolutIOn 1\0 229 (PAS) was duly adopted at a meetmg of the Parkmg Authonty held on the 24th day of June. 1997 by the follow~ng vote Ayes Agency ~ember Ebner. Femstem, Genser, Greenberg. Holbrook. O'Connor. Rosenstem ]\ oes Agency Member None Abstam Agency Member None Absent Agency Member: None ATTEST '- ~~-~0.4 Maria ~1 Stewart,3ecretarv