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HomeMy WebLinkAboutReso 135-1998RESOLUTION NO. 135-98 CITY COUNCIL, CITY OF SOUTH SAN FRANCISCO, STATE OF CALIFORNIA A RESOLUTION OF THE CITY COUNCIL OF SOUTH SAN FRANCISCO APPROVING THE CONFERENCE CENTER FISCAL YEAR 1998-99 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 meetings, considered available public input, and reviewed the Fiscal Year 1998-99 budget; and WHEREAS, the Authority found that the budget represented the appropriate level of expenditures for Fiscal Year 1998-99 and recommended 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 1998-99 Operating Budget" in the amount of $2,631,422 in revenue and $2,436,113 in expenditures is hereby approved by the City Council. 2. The budget identified as the "Conference Center Fiscal Year 1998-99 Fund Balance/Designated/Undesignated Reserves" in the amount of $164,750 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 limits 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 make 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. 7. The interim funding Resolution No. 99-98 adopted by the City Council is hereby rescinded. 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 regul ar meeting held on the 28th day of October , 1998 by the following vote: AYES: Councilmembers James L. MatsOmeto, ~John R.' l~enna NOES: None ABSTAIN: None ABSENT: None Datzman, Joseph A. Fernekes, Karyl and Mayor Eugene R. Mullin City Clerk