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HomeMy WebLinkAboutCity Council Resolution 01-052RESOLUTION NO. 01-052 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SARATOGA MAKING APPROPRIATION ADJUSTMENTS TO THE FISCAL YEAR 2001-01 BUDGET WHEREAS, the City Council adopted Resolution No. 01-036 adopting the budget for Fiscal Year 2001-02 and 2002-03 on June 6, 2001; and WHEREAS, subsequent to the adoption of said Resolution, the City Council is requested to make changes to the City's budget; and WHEREAS, the City wishes to contribute $25,000 to the Housing Trust Fund of Santa Clara County; and WHEREAS, there are sufficient budgeted contingencies to fund the contribution; and WHEREAS, the City Council has considered the request pfthe Trust and believes that contributing $25,000 will be in the best interest of the City. NOW, THEREFORE, the City Council of the City of Saratoga herby resolves to establish a contribution to the Housing Trust Fund of Santa Clara County, using budgeted contingencies. AND BE IT FURTHER RESOLVED, the above adjustment to the City of Saratoga's Fiscal Year 2001-02 budget will be made using the following entries: FROM: TO: 001-1010-511-5002 (Contingencies) 001-1005-511-4070 (City Council) The above and foregoing resolution was passed and adopted at a regular meeting o the Saratoga City Council held on the 18th day of July 2001 by the following vote: AYES: Councilmembers Evan Baker, Ann Waltonsmith, Vice Mayor Nick Streit NOES: None ABSENT: Councilmember Stan Bogosian, Mayor John Mehaffey ABSTAIN: None Nick Streit, Vice Mayor