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AgdaPkt 2002-08-26
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AgdaPkt 2002-08-26
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Last modified
7/5/2005 2:53:51 PM
Creation date
8/22/2002 3:02:35 PM
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Template:
CC Index
CC Index - Document Type
Agenda Packet
Agency Type
City Council
Date
8/26/2002
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SECTION 3. Transfers, Additional Appropriations, Cancellations. From time <br />to time during the Fiscal Year to which said Budget applies, the Council may transfer <br />sums from any appropriated item to any other appropriated item by resolution. <br />Additional appropriations may be made and authorized in accordance with the <br />procedure referenced in Section 51.5 of the Charter of the City of Redwood City. No <br />appropriation set forth in said Budget or in any subsequent ordinance or resolution, shall <br />be cancelled in whole or in part except by ordinance adopted by the affirmative vote of <br />5/7ths of all members of the Council; provided, however, that transfers of sums from <br />one appropriated item to any other appropriated item may be accomplished by <br />resolution. <br /> <br /> SECTION 4. Expenditures. The City Manager and the Director of Finance are <br />hereby authorized to expend all sums set forth in the abovementioned Budget for the <br />purposes and objects specified therein. <br /> <br /> Expenditures made, liabilities incurred, or warrants issued in excess of any of the <br />budget appropriations as originally approved or as thereafter increased or decreased <br />shall not constitute an obligation or liability of the City. Any official making or incurring <br />such expenditures in an amount known to him or her to be in excess of the available <br />balance of the appropriation against which it is drawn, shall be liable therefor upon his <br />or her official bond. The City Manager and the City Council shall approve no claims and <br />the Director of Finance shall issue no warrant or check for any expenditure 'in excess of <br />existing appropriations except on an order of a Court of competent jurisdiction or for an <br />emergency as herein provided. <br /> <br />F:Affy/Ord/O~.158 <br />073002 3 <br /> <br /> <br />
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