HomeMy WebLinkAboutResolution 2002-168 N.C.S. 10/21/2002Resolution No. 2002-168 N.C.S.
of the City of Petaluma, California
UNRESERVING $500,000
OF THE PREVIOUSLY RESERVED
GENERAL FUND -FUND BALANCE
FOR STREET IMPROVEMENTS
WHEREAS, the City previously reserved $250,000 for street improvements in FY 2001
and $250,000 for street improvements in FY 2002; and,
WHEREAS, the City Council wishes to appropriate $500,000 of this reserved balance
for street maintenance purposes; and,
WHEREAS, the intended use of these reserved funds is in accordance with the intent
when the funds were reserved.
NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of
Petaluma, California removes the designation of "reserved" from the General Fund -Fund
Balance for the previously reserved $500,000 that was intended for street improvements.
Under the power and authority conferred upon this Council by the Charter of said City.
REFERENCE: I hereby certify the foregoing Resolution was introduced and adopted by the Approved as to
Council of the City of Petaluma at a (Regular) (Adjourned) (Special) meeting
on the .........21st day of ........October •,,,,,,,,,,,,,,,,,~ 20.~~, by the
......... .......................
following vote: •••••••••••• : ••••••• ••
C ty Attorney
AYES: Cader-Thompson, Vice Mayor Healy, Maguire, Moynihan, O'Brien, Mayor Thompson, Torliatt
NOES: None
ABSENT: None 7 ~~
ATTEST: ............... ~ ~i~~L~~ ...... ..1.:~: .......... ....................................................................
City Cler Mayor
Council Filc ...................................
Res. No........2QQ2-.1.6$........1.0.5.