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AgdaPkt 2018-06-25 Joint SA PFA
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AgdaPkt 2018-06-25 Joint SA PFA
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Last modified
6/27/2018 2:01:05 PM
Creation date
6/21/2018 5:47:06 PM
Metadata
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Template:
CC Index
CC Index - Document Type
Agenda Packet
Meeting Type
Joint
Agency Type
City Council and Successor Agency and Public Financing Authority
Date
6/25/2018
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Page 2 of 2 <br />ATTY/RESO.0060/BUDGET ADOPTION FY 18-19 <br />REV: 06-18-18 DZ <br />Successor Agency, are appropriated. <br /> <br />SECTION 3. Provision for Interim Expenditures After June 30, 2018; <br />Reappropriations. The City Manager and Assistant City Manager of Administrative <br />Services are authorized and directed to charge expenses incurred prior to July 1, 2019 <br />to the appropriations of Fiscal Year 2018-19. The City Manager and Assistant City <br />Manager of Administrative Services are further authorized to pay all contractual <br />obligations, including but not limited to payroll, contracts, and other expenses, <br />incurred between July 1, 2019 and the date that the appropriations are adopted for <br />Fiscal Year 2019-2020; to this end the City Council, on behalf of the City, appropriates <br />1/12 of the amounts that were appropriated for operating purposes in Fiscal Year <br />2018-2019 to each fund, to be effective July 1, 2019. Upon adoption of a budget for <br />Fiscal Year 2019-2020 this appropriation shall be superseded. <br /> <br />SECTION 4. Effective Date and Operative Date. In accordance with Section <br />51.5 of the Charter of the City of Redwood City, this resolution shall be effective <br />immediately upon adoption. <br /> <br /> <br /> <br /> <br /> <br />* * * <br /> <br />8.C. - Page 8
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