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HomeMy WebLinkAboutPCDC Resolution 2011-11 06/20/2011RESOLUTION NO. 2011 -11 PETALUMA COMMUNITY DEVELOPMENT COMMISSION PROVIDING TEMPORARY APPROPRIATIONS OF $20 MILLION DOLLARS TO ALLOW FOR NORMAL OPERATIONS OF THE PETALUMA COMMUNITY DEVELOPMENT COMMISSION BEGINNING JULY 1, 2011 WHEREAS, after public hearing, the Petaluma Community Development Commission (PCDC) adopts an annual budget for its fiscal year, which begins July 1st of each year; and, WHEREAS, a key component to the budget is the cost for staff salaries and benefits; and, WHEREAS, negotiations with the City's various labor groups are currently under way and it is anticipated that the negotiations will not be completed by June 30 of this year; and, WHEREAS, the PCDC may make temporary appropriations for current expenses, chargeable to the adopted budget for the year when passed, in an amount sufficient to cover the necessary expenses of the PCDC, until the annual budget is in force; and, WHEREAS, the Executive Director and the Finance Director have determined that $20 million is sufficient to cover the necessary expenses and maintain the operations of the PCDC beginning July 1, 2011 until the annual PCDC budget is adopted. NOW, THEREFORE, BE IT RESOLVED by the Petaluma Community Development Commission that temporary appropriations of $20 million is hereby authorized to maintain the operations of the PCDC beginning July 1, 2011 until the annual budget is adopted. ADOPTED this 20th day of June, 2011 by the following vote: r L.� Commisslloner �'�r " _ :� � �� Aye _, r No Absent r ��!'AAtisfimrin VIE Albertson X Barrett X Chair Glass X Harris X Vice Chair Healy X Kearney X Renee X C!J David Glass, Chair PCDC Resolution No. 2011 -11 Page 1 ATTEST: Claire Cooper, CMC, Recording S retary APPROVED AS TO FORM: Eric W. Danly, General Counsel PCDC Resolution No. 2011 -11 Page 2