HomeMy WebLinkAboutReso 16-2002RESOLUTION NO. 16-2002
CITY COUNCIL, CITY OF SOUTH SAN F1L~xNCISCO, STATE OF CALIFORNIA
A RESOLIJTION APPROVING A BUDGET APPROPRIATION OF $27,000
FROM THE CONFERENCE CENTER UNDESIGNATED FUND BALANCE
TO THE FY 2001-2002 OPERATIONS BUDGET TO FUND PROFESSIONAl,
SERVICES TO STUDY HEADQUARTER HOTEL DEVELOPMENT
RELATED TO A NEW/EXPANDED CONFERENCE/CONVENTION CENTER
WHEREAS, the City Council, on June 27, 2001, approved the budget identified as the
"Conference Center Fiscal Year 2001-2002 Budget" in the amount of $3,290,000 in revenue and
$2,770,561 in expenditures and the budget identified as the "Conference Center Fiscal Year 2001-
2002 Capital Improvement Budget" in the amount of $198,650 in capital expenditures; and
WHEREAS, the Conference Center undesignated fund balance is $574,322; and
WHEREAS, the Conference Center Authority, on March 7, 2002, approved making a request
to the City Council to appropriate $27,000 to the operations budget from the undesignated fund
balance to fund professional services to study headquarter hotel development related to a
new/expanded conference/convention center.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of South San
Francisco as follows:
1. The appropriation of $27,000 to the South San Francisco Conference Center Fiscal Year
2001-2002 operations budget from the South San Francisco Conference Center undesignated fund
balance to fund professional services to study headquarter hotel development related to a
new/expanded conference/convention center is hereby approved by the City Council.
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 regular meeting held on the 27th day of March
2002 by the following vote:
AYES:
NOES:
ABSTAIN:
ABSENT:
Councilmembers Joseph A. Fernekes, Raymond L. Green and Kar¥1 Matsumoto,
Mayor Pro Tem Pedro Gonzalez and Mayor Eugene R. Mullin
None.
None.
None.
ATTEST: