RESOLUTION NO.
RESOLUTION OF THE COUNCIL OF THE CITY OF GLENDALE
MAKING AN APPROPRIATION
BE IT RESOLVED BY THE COUNCIL OF THE CITY OF GLENDALE:
SECTION 1: That the sum of $2,900,000 is hereby appropriated and/or transferred from the following accounts to the following accounts:
ACCOUNTS DESCRIPTION FROM TO
27900-5810-GWP-0000-P0000- Net Position, Electric Surplus Fund, $2,900,000 T0000-F0000-0000-0000- Glendale Water & Power
47050-5820-GWP-4505- P0000- Interest on Bonds, Electric Works $2,500,000 T0000-F0000-0000-0000- Revenue Fund, Glendale Water & Power, GWP Administration
43110-5820-GWP-4505- POOOO- Contractual Services, Electric Works $400,000 T0000-F0000-0000-0000- Revenue Fund, Glendale Water & Power, GWP Administration
To appropriate funding for issuance and interest costs related to the revenue bonds.
SECTION 2: The Director of Finance / Information Technology is authorized to make such other revisions, individual appropriation line-items, changes in summaries, fund totals, grand totals, and other portions of the budget document as necessary to reflect and implement the changes specified in this resolution.
SECTION 3: The City Clerk shall certify to the adoption of this Resolution.
Adopted this day of. - 2023.
Mayor
ATTEST:
CITY OF GLENDALE
City Clerk DATE_ 12/14/2023
APPROVED AS TO FINANCIAL
PROVISION FOR $ 2,900,000
12°1.
-An Belfor
STATE OF CALIFORNIA)
COUNTY OF LOS ANGELES ) SS
CITY OF GLENDALE )
1, Suzie Abajian, City Clerk of the City of Glendale, do hereby certify that the foregoing Resolution _was adopted by the Council of the City of Glendale, California, at a regular meeting held on the_ day of _, 2023, and that the same was adopted by the following vote:
Ayes:
Noes:
Absent:
Abstain:
City Clerk