File #: Res 1410-2012    Version: * Name: M 841 - Transfer City funds between various agencies in FY'12 to implement changes to the City's expense budget, (MN-4)
Type: Resolution Status: Adopted
Committee: Committee on Finance
On agenda: 6/28/2012
Enactment date: Law number:
Title: RESOLUTION APPROVING THE MODIFICATION (MN-4) OF UNITS OF APPROPRIATION AND THE TRANSFER OF CITY FUNDS BETWEEN AGENCIES PROPOSED BY THE MAYOR PURSUANT TO SECTION 107(b) OF THE NEW YORK CITY CHARTER.
Sponsors: Domenic M. Recchia, Jr.
Council Member Sponsors: 1
Attachments: 1. Memorandum, 2. Committee Report, 3. Hearing Transcript 6-28-12, 4. Hearing Transcript - Stated Meeting 6-28-12
Date Ver.Prime SponsorAction ByActionResultAction DetailsMeeting DetailsMultimedia
6/28/2012*Domenic M. Recchia, Jr. City Council Approved, by CouncilPass Action details Meeting details Not available
6/28/2012*Domenic M. Recchia, Jr. Committee on Finance Hearing on P-C Item by Comm  Action details Meeting details Not available
6/28/2012*Domenic M. Recchia, Jr. Committee on Finance P-C Item Approved by CommPass Action details Meeting details Not available
Preconsidered Res. No. 1410
By Council Member Recchia
 
RESOLUTION APPROVING THE MODIFICATION (MN-4) OF UNITS OF APPROPRIATION AND THE TRANSFER OF CITY FUNDS BETWEEN AGENCIES PROPOSED BY THE MAYOR PURSUANT TO SECTION 107(b) OF THE NEW YORK CITY CHARTER.
 
      Whereas, at a meeting held on June 28, 2012, the Committee on Finance of the City Council of the City of New York (the "City Council") considered a request, attached hereto as Exhibit A (the "Modification"), from the Office of Management and Budget of the Mayor of The City of New York (the "Mayor"), to modify units of appropriation and transfer city funds in the amount of $574,077,553  between various agencies in the Fiscal Year 2012 expense budget as adopted by the Council on June 29, 2011, pursuant to Section 107(b) of the New York City Charter (the "Charter"); and
      Whereas, pursuant to Section 107(b) of the Charter, the City Council has thirty (30) days after the first stated meeting of the City Council following such receipt within which to act upon the Modification;
      NOW, THEREFORE, The Council of The City of New York hereby resolves as follows:
1.  Approval of Modification.  The City Council hereby approves, pursuant to Section 107(b) of the Charter, the actions proposed by the Mayor as set forth in the Modification.
      2.  Effective Date.  This resolution shall take effect as of the date hereof.
 
I hereby certify that the foregoing is a true and complete copy of a resolution adopted by The Council of The City of New York on                                      file in this office.
                                                                                                   
Clerk of the Council of the
City of New York