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HomeMy WebLinkAboutReso 68-1998 RESOLUTION NO. 68-9g CITY COUNCIL, CITY OF SOUTH SAN FRANCISCO, STATE OF CALIFORNIA A RESOLUTION APPROVING INTERIM FUNDING FOR FISCAL YEAR 1998-1999 FOR THE SOUTH SAN FRANCISCO CONFERENCE CENTER WHEREAS, estimates of revenues from all sources and estimates of expenditures required for the proper conduct of activities of the South San Francisco Conference Center for Fiscal Year 1998-99 are being prepared; and WHEREAS, fiscal conditions may require additional time for development of budget priorities; and WHEREAS, it is the intention of the City Council to grant interim spending authority to allow for the continued orderly operation of the City for a period of sixty (60) days; and NOW, THEREFORE, BE IT RESOLVED, by the City Council of the City of South San Francisco that it finds: 1. Interim spending authority is hereby granted for a period of sixty (60) days from July 1, 1998, through August 29, 1998, to allow for the continuation of operations and projects of the Conference Center. 2. All amounts necessary for the continued operation of the Conference Center for the sixty (60) day period set forth in paragraph 1 are hereby appropriated for expenditure. Such appropriation shall be based upon the Fiscal Year 1997-98 Operating Budget in a ratio of 365 to 60. 3. All annual contracts, leases and obligations previously entered into and agreed to by the Conference Center Authority may be renewed. The funds necessary to finance such renewals are hereby appropriated. 4. The distribution of the appropriations, transfers and reserves to the various accounts of the Conference Center in accordance with generally accepted accounting practices and consistent with the approved budget is hereby authorized. 5. The rollover of any outstanding encumbrances from Fiscal Year 1997-98 into Fiscal Year 1998-99 is hereby authorized. 6. The rollover of any unencumbered appropriations from Fiscal Year 1997-98 uncompleted capital improvement projects is hereby authorized. 7. The staffing level for the Conference Center contained within the 1997-98 operating budget is hereby authorized for a period of sixty (60) days. 8. Consistent with the limitations set forth herein, any and all expenditures for, and agreements relating to, the programs and materials described in the budget may be expended or entered into under authority of the Conference Center Authority, are hereby approved and authorized, and payments herefore may be made. 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 re g u ] a r meeting held on the 10 t h day of J u n e ,1998 by the following vote: AYES: Councilmembers James Karx1 Matsumoto, John NOES: None ABSTAIN: N o n e ABSENT: N o ne L. Datzman, Joseph A. Fernekes, R. Penna and Mayor Eugene R. Penna ATTEST~ City Clerk