HomeMy WebLinkAboutCity Council Resolution 01-092RESOLUTION NO. 01-092
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF SARATOGA AMENDING THE 2001-2002 BUDGET
WHEREBY CAPITAL IMPROVEMENT FUNDS ARE
ESTABLISHED AND AMOUNTS ARE APPROPRIATED
FOR CAPITAL PROJECTS, IN ACCORDANCE TO THE
2001-2006 CAPITAL IMPROVEMENTS PLAN
WHEREAS, the City Council desires to implement the 2001-2006 Capital Improvements Plan
as adopted by Resolution 01-094; and
WHEREAS, the City finds it necessary to establish new funds and appropriate dollars in an
effort to appropriately account for projects separate from the C~ty operating budget; and
WHEREAS, the City also desires to allocate said funds among various capital improvements on
a project-length basis (Attachment).
NOW, THEREFORE, The City Council of the City of Saratoga hereby resolves as follows:
Section 1. Establishment of Capital Improvement Funds
Appropriation
Public Safety CIP
Infrastructure CIP
Facilities CIP
Parks and Trails CIP
$ 3,650,000
$ 4,525,000
$1,045,000
$ 3,866,350
Section 2. Fund Transfers
Contributions will be provided by (operating transfer/equity reduction) from the general fund and
the parks development fund in the amounts of $5,295,000 and $951,350, respectively.
AND BE IT FURTHER RESOLVED, the above and foregoing resolution was passed and
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adopted at a regular meeting of the Saratoga City Council held on the 19 day of December 200
by the following vote:
AYES:
Councilmembers John Mehaffey, Ann Waltonsmith,
Vice Mayor Evan Baker, Mayor Nick Streit
NOES: None
ABSENT: Councilmember Stan Bogosian
Nick Streit, Mayor