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HomeMy WebLinkAboutReso 56-2003RESOLUTION NO. 56-2003 CITY COUNCIL, CITY OF SOUTH SAN FRANCISCO, STATE OF CALIFORNIA A RESOLUTION APPROVING INTERIM FUNDING FOR FISCAL YEAR 9,003-04 FOR THE SOUTH SAN FRANCISCO CONFERENCE CENTER WHEREAS, estimates of revenues from all sources and estimates of expenditures required for the proper conduct of activities of the South San Francisco Conference Center for Fiscal Year 2003-04 are being prepared; and WHEREAS, fiscal conditions may require additional time for development of budget priorities; and WHEREAS, it is the intention of the City Council to grant interim spending authority to allow for the continued orderly operation of the South San Francisco Conference Center for a period of ninety (90) days from July 1, 2003; and NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of South San Francisco that it finds: Interim spending authority is hereby granted for a period of ninety (90) days from July 1, 2003, through September 28, 2003, to allow for the continuation of operations and projects of the Conference Center. All amounts necessary for the continued operation of the Conference Center for the ninety (90) day period set forth in Paragraph 1 are hereby appropriated for expenditure. Such appropriation shall be based upon the Fiscal Year 2002-03 Operating Budget in a ratio of 365 to 90. o All annual contracts, leases and obligations previously entered into and agreed to by the Conference Center Authority may be renewed. The funds necessary to finance such renewals are hereby appropriated. The distribution of the appropriations, transfers and reserves to the various accounts of the Conference Center in accordance with generally accepted accounting practices and consistent with the approved budget is hereby authorized. o The rollover of any outstanding encumbrances from Fiscal Year 2002-03 into Fiscal Year 2003-04 is hereby authorized. The rollover of any unencumbered appropriations from Fiscal Year 2002-03 into uncompleted capital improvement project is hereby authorized. The staffing level for the Conference Center contained within the 2002-03 operating budget is hereby authorized for a period of ninety (90) days. o Consistent with the limitations set forth herein, any and all expenditures for, and agreements relating to, the programs and materials described in the budget may be expended or entered into under authority of the Conference Center Authority, are hereby approved and authorized, and payments here fore may be made. I hereby certify that the foregoing Resolution was regularly introduced and ad.ot~pted by the City Council of the City of South San Francisco at a regular meeting held on the 25 day of June 2003 by the following vote: AYES: Councilmembers Joseph A. Femekes, Richard A. Garbarino and Raymond L. Green, Mayor Pro Tem Karyl Matsumoto and Mayor Pedro Gonzalez NOES: None. ABSTAIN: None. ABSENT: None. ATTEST: City Clerk