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HomeMy WebLinkAboutReso 66-2015 RESOLUTION NO.66-2015 CITY COUNCIL, CITY OF SOUTH SAN FRANCISCO, STATE OF CALIFORNIA A RESOLUTION APPROVING THE SOUTH SAN FRANCISCO CONFERENCE CENTER AUTHORITY BUDGET FOR FISCAL YEAR 2015-2016 WHEREAS, the South San Francisco Municipal Code § 2.78.100 requires that the South San Francisco Conference Center("Conference Center")budget be approved by the City Council;and WHEREAS, the South San Francisco Conference Center Authority ("Conference Center Authority")conducted a public meeting and reviewed the Fiscal Year 2015-2016 budget("Budget");and WHEREAS,the Conference Center Authority found that the 2015-2016 Budget represented the appropriate level of expenditures for Fiscal Year 2015-2016 and recommended that the City Council approve the proposed Budget;and WHEREAS,the City Council concurs with the Conference Center Authority's recommendation. NOW,THEREFORE,BE IT RESOLVED by the City Council of the City of South San Francisco ("City Council")as follows: 1. The Conference Center FY 2015-16 Budget attached hereto as Exhibit A showing a total revenue projection of$3,683,826 and a total expenditure request of$3,256,016 is hereby approved. 2. The capital project request of$383,200 included within the Budget is hereby approved. 3. Each budget category listed in Municipal Code§2.78.106 is funded to the limits specified in the Budget. 4. The funds collected pursuant to Municipal Code§4.20.03 5 are hereby appropriated to fund the Conference Center Budget. 5. The City Manager and the 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 the 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 24th day of June 2015 by the following vote: AYES: Councilmembers Karyl Matsumoto and Liza Normandy Vice Mayor Mark N. Addiego and Mayor Richard A. Garbarino NOES: None ABSTAIN: None ABSENT: Councilmember Pradeep Gupta ATTEST: s '° j Deputy City Clerk Exhibit A Fiscal Year 2015-2016 Budget