RESOLUTION NO. 2022-02-XXXX
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SIGNAL HILL, CALIFORNIA, AMENDING THE ADOPTED BUDGET AND AUTHORIZING BUDGET APPROPRIATIONS FOR FISCAL YEAR 2021-22 TO INCORPORATE FUNDING RELATED TO DRAFTING OF A CANNABIS ORDINANCE AND DEVELOPMENT OF A POTENTIAL LICENSING, PERMITTING, AND TAXATION STRUCTURE FOR CANNABIS-RELATED OPERATIONS IN SIGNAL HILL WHEREAS, the City Council approves the appropriation of funds for the purpose stated below.
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF SIGNAL HILL, CALIFORNIA, DOES HEREBY RESOLVE AS FOLLOWS:
Section 1. To authorize budget adjustment 22-XXX of the FY 2021-22 Budget as follows:
Purpose: Retain professional services to draft a cannabis ordinance and develop a potential licensing, permitting, and taxation structure for cannabis-related operations in Signal Hill.
Fund Dept Object Description Amount
1) Professional services for potential licensing, permitting, and taxation structure for Cannabis-related operations 100 47 5400 Contract Services - General $15,000
2) Legal services for drafting of a cannabis ordinance
100 47 5410 Legal Services $20,000
3) Transfer of funds
100 39 4110 Transfer to the General Fund $35,000
122 99 7900 Transfer from Economic Development Res ($35,000) Section 2. To add the above-referenced adjustments to the Budget Adjustment Status Report (Exhibit A).
PASSED, APPROVED, AND ADOPTED at a regular meeting of the City Council on this 8th day of February, 2022. ____________________________________
KEIR JONES
MAYOR
ATTEST:
___________________________
CARMEN R. BROOKS
CITY CLERK
STATE OF CALIFORNIA )
COUNTY OF LOS ANGELES )ss.
CITY OF SIGNAL HILL )
I, CARMEN R. BROOKS, City Clerk of the City of Signal Hill, California, do hereby certify that Resolution No. 2022-02-XXXX was adopted by the City Council of the City of Signal Hill, California, at a regular meeting held on the 8th day of February, 2022, and that the same was adopted by the following vote:
AYES:
NOES:
ABSTAIN:
ABSENT:
_______________________________
CARMEN R. BROOKS
CITY CLERK
Resolution No. 2022-02-XXXX
February 8, 2022