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HomeMy WebLinkAboutReso 45-2006 RESOLUTION NO. 45-2006 CITY COUNCIL, CITY OF SOUTH SAN FRANCISCO, STATE OF CALIFORNIA A RESOLUTION APPROVING THE CONFERENCE CENTER FISCAL YEAR 2006-2007 BUDGET WHEREAS, South San Francisco Municipal Code ~2.78.010 et seq. requires that the Conference Center budget be approved by the City Council; and WHEREAS, the Conference Center Authority has conducted public Ineetings, considered available public input, and reviewed the Fiscal Year 2006-2007 budget; and WHEREAS, the Authority found that the budget represented the appropriate level of expenditures for Fiscal Year 2006-2007 and recOlnlnended that the proposed budget be approved by the City Council. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of South San Francisco as follows: 1. The budget identified as the "Conference Center Fiscal Year 2006-2007 Operating Budget" in the alnount of$3,486,130 in revenue and $2,843,861 in expenditures is hereby approved by the City Council. 2. The budget identified as the "Conference Center Fiscal Year 2006-2007 Capitall1nprovement Budget" in the alnount of $1,490,334 in capital expenditures is hereby approved by the City Council. 3. Each budget category listed in Municipal Code ~2.78.106 is funded to the lilnits specified in the proposed budget. 4. The funds collected pursuant to Municipal Code ~4.20.035 are hereby appropriated to fund the Conference Center budget. 5. The City Manager and Finance Director are hereby directed and authorized to Inake the specified funds available to the Conference Center. 6. Copies of the Conference Center budget shall be made available for public review and inspection in the Offices of the City Clerk and Administrative Offices of the Conference Center. * * * * * I hereby certify that the foregoing Resolution was regularly introduced and adopted by the City Council of the City of South San Francisco at a Special meeting held on the 21 st day of June 2006 by the following vote: AYES: Councihnembers Mark N. Addiego, Pedro Gonzalez and Karyl Matsulnoto, Vice Mayor Richard A. Garbarino and Mayor Joseph A. Femekes NOES: ABSTAIN: ABSENT: ATTEST: