City Council

2.Q. A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF WEST\nHOLLYWOOD APPROVING THE INCREASE OF GENERAL FUND\nEMERGENCY RESERVES, APPROVING RELATED CHANGES TO THE\nCLASSIFICATION OF THE GENERAL FUND BALANCE RESERVES\nAND RESCINDING RESOLUTION NO. 11-4186, AND A RESOLUTION\nOF THE CITY COUNCIL OF THE CITY OF WEST HOLLYWOOD\nAPPROVING CHANGES TO THE FINANCE POLICIES AND\nRESCINDING RESOLUTION NO. 01-2603 [D. WILSON, C. SAFRIET, M.\nLINDLEY, L. QUIJANO, C. CORRALES, A. RUIZ, K. BARENG]:\nSUBJECT: The City Council will consider adopting a Resolution\napproving the increase of General Fund Emergency Reserves, including\nrescinding an outdated Resolution No. 11-4186, approving related\nchanges to the classification of the General Fund Balance Reserves, and\na Resolution approving revising the Finance Policies, including rescinding\nan outdated Resolution No. 01-2603.\nRECOMMENDATIONS: 1) Adopt Resolution No. 24-______: "A\nRESOLUTION OF THE CITY COUNCIL OF THE CITY OF WEST\nHOLLYWOOD APPROVING THE INCREASE OF GENERAL FUND\nEMERGENCY RESERVES AND APPROVING RELATED CHANGES TO\nTHE CLASSIFICATION OF THE GENERAL FUND BALANCE\nRESERVES AND RESCINDING RESOLUTION NO. 11-4186”; and 2)\nAdopt Resolution No. 24-______: "A RESOLUTION OF THE CITY\nCOUNCIL OF THE CITY OF WEST HOLLYWOOD APPROVING\nCHANGES TO THE FINANCE POLICIES AND RESCINDING\nRESOLUTION NO. 01-2603”.