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CITY COUNCIL OF THE CITY OF PLEASANTON <br /> <br /> ALAMEDA COUNTY, CALIFORNIA <br /> <br /> RESOLUTION NO. 97-57 <br /> <br /> RESOLUTION APPROVING 1996-97 THIRD <br /> QUARTER FINANCIAL REPORT AND UPDATE OF <br /> CITY'S GENERAL FINANCIAL POLICIES <br /> <br />WHEREAS, each quarter a report of financial condition is presented to Council which <br /> includes any staff recommendations for budget amendments or actions <br /> needed; and <br /> <br />WHEREAS, staff presented to Council such a report (SR97: 176) for the third quarter of <br /> the fiscal year ending June 30, 1997; and <br /> <br />WHEREAS, as a result of the third quarter financial review, staff made <br /> recommendations as outlined in that report. <br /> <br />NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF PLEASANTON <br />RESOLVES AS FOLLOWS: <br /> <br />Section 1: The Operating Budget amendments outlined in Appendix A are approved. <br /> <br />Section2: The Capital Improvement Program Budget amendments outlined in <br /> Appendix B are approved. <br /> <br />Section 3: The City's General Financial Policies are revised to conform to the <br /> Economic and Fiscal Element of the General Plan, per Appendix C. <br /> <br />Section 4: This resolution shall become effective immediately upon its passage and <br /> adoption. <br /> <br />Section 5: This resolution shall be published once within fifteen (15) days after its <br /> adoption in "The Valley Times", a newspaper of general circulation, <br /> published and circulated in the City of Pleasanton. <br /> <br /> <br />