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HomeMy WebLinkAboutCC RESO 2001 - 55RESOLUTION NO. 2001 — 55 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NATIONAL CITY APPROVING AN INTERBUDGET ADJUSTMENT REQUEST (IBAR) APPROPRIATING $295,000 FROM THE GENERAL FUND UNDESIGNATED BALANCE ACCOUNT 001-2501 TO FACILITIES ACCOUNT 626-422-223-234 TO PAY FOR THE INCREASED COST OF ELECTRICITY AND GAS USED BY CITY BUILDINGS AND FACILITIES WHEREAS, due to the escalating cost of gas and electricity, it is estimated that Facilities Account 626-422-223-234 will have a shortfall of approximately $295,000 for Fiscal Year 1999-2000. NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of National City hereby approves an interbudget adjustment request (IBAR) appropriating $295,000 from the General Fund Undesignated Balance Account 001-2501 to Facilities Account 626-422- 223-234 to cover the increased cost of electricity and gas used by City buildings and facilities. PASSED and ADOPTED this 24th day of April, 2001. George H.aters, Mayor ATTEST: Lb 1vTich el R. Dall C�ly a, Clerk APPROVED AS TO FORM: George H. Eiser, III City Attorney