HomeMy WebLinkAboutReso 78-1997RESOLUTION NO. 78-97
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 1997-98 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 1997-98 budget; and
WHEREAS, the Authority found that the budget represented the appropriate level
of expenditures for Fiscal Year 1997-98 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 1997-98
Operating Budget" in the amount of $2,705,805 in revenue and $2,389,716 in expenditures
is hereby approved by the City Council.
2. The budget identified as the "Conference Center Fiscal Year 1997-98 Fund
Balance/Designated/Undesignated Reserves" in the amount of $169,840 in capital
expenditures, $60,000 in City of South San Francisco General Fund loan payment
expenditures, and $175,031 in designated reserves 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.
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 requl ar meeting held
on the 25th day of ,June ,1997 by the following vote:
AYES: Councilmembers James L. Datzman, Eugene R. Mullin, John R.
Penna, Robert Yee and Mayor Joseph A. Fernekes
NOES: None
ABSTAIN: None
ABSENT: None
City Clerk