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HomeMy WebLinkAboutReso 121-2011 RESOLUTION NO. 121 -2011 CITY COUNCIL, CITY OF SOUTH SAN FRANCISCO, STATE OF CALIFORNIA A RESOLUTION APPROVING THE CONFERENCE CENTER FISCAL YEAR 2011 -2012 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 2011 -2012 budget; and WHEREAS, the Authority found that the budget represented the appropriate level of expenditures for Fiscal Year 2011 -2012 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 2011 -2012 Operating Budget" in the amount of $3,280,000 in revenue and $3,040,717 in expenditures is hereby approved by the City Council. 2. The budget identified as the "Conference Center Fiscal Year 2011 -2012 Capital Improvement Budget" in the amount of $64,060 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. * * * * * 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 28 day of September 2011 by the following vote: AYES: Councilmembers Mark Addiego, Pedro Gonzalez, and Karyl Matsumoto, Vice Mayor Richard A. Garbarino and Mayor Kevin Mullin NOES: None ABSTAIN: None ABSENT: None - ATTEST: ` ity rk