Loading...
RES-8212 Authorizing Transfer of Funds General FundRESOLUTION NO. 8212 SOLUTION OF THE CITY COUNCIL OF THE CITY OF ORANGE AUTHORIZING THE TRANSFER OF BEGINNING CASH BALANCE WITHIN THE GENERAL FUND TO THE CONTINGENCY ACCOUNT OF THE GENERAL FUND WHEREAS, the City Council of the City of Orange ("City") proposes to restrict certain funds currently on deposit within its General Fund; and WHEREAS, the City desires to restrict the use of such funds so that disbursements from such account will not be considered appropriations subject to limitations pursuant to.Article XIIIB of the State Constitution; NOW, THEREFORE, the City does hereby find, determine, declare and resolve as follows: Section 1. The City hereby authorizes the transfer of the total beginning cash balance wi thin the General Fund to the Contingency Account of the General Fund as of August 12, 1993. Section 2. Amounts transferred to the Contingency Account may not be withdrawn unless the City Council specifically approves such release to pay identified expenditures. Section 3. 1993. This resolution shall take effect on August 12, THE FOREGOING RESOLUTION was approved and adopted by the City Council of the City of Orange this 27th day of July, 1993, by the following vote: By: ATTEST: Marilyn J. Jensen CITY CLERK OF THE CITY OF ORANGE 0~AU~ puty City Cf/erk FS2\146\068416-OCJ()S\20548&4.1 (J1/ STATE OF CALIFORNIA) COUNTY OF ORANGE )ss CITY OF ORANGE ) I, MARILYN JENSEN, City Clerk of the City of Orange, do hereby certify that the foregoing Resolution No. 8212 was introduced and adopted at a regular meeting provided by law, of the Orange City Council held on the 27th day of July, 1993, by the following vote of the members thereof: AYES:COUNCIL MEMBERS: SPURGEON, BARRERA, MAYOR BEYER, COONTZ, MURPHY NOES:COUNCIL MEMBERS NONE ABSENT:COUNCIL MEMBERS NONE AND I FURTHER CERTIFY that the Mayor of the City of Orange signed said Resolution No. 8212 on the 27th day of July, 1993. IN WITNESS WHEREOF, I have hereunto set my hand and affixed the official seal of the City of Orange this 27th day of July 1993. Marilyn J. Jensen CITY CLERK OF THE CITY OF ORANGE SEAL) i!~4dJsdl~ 51 (!st-k -dj;; t-Deputy CiW Cler I, MARILYN JENSEN, City Clerk of the City of Orange, do hereby certify that the foregoing is the original Resolution No. 8212 duly passed and adopted by the City Council of the City of Orange on July 27, 1993.Marilyn J. Jensen CITY CLERK OF THE CITY OF ORANGE zdJ---u (j & ACAJ;;C-Deputy Ci~ Clerk FS2\146\06&476-0005\20S4I&4.100/