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HomeMy WebLinkAboutCity Council Resolution 08-083RESOLUTION N0.08-083 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SARATOGA AMENDING THE ANNUAL BUDGET FOR FISCAL YEAR 2008/09 TO PROVIDE FUNDING FOR THE ADDITION AND ALTERATION TO THE NORTH CAMPUS FELLOWSHIP HALL BUILDING WHEREAS, the City Council desires to finalize the renovation improvements to the North Campus Fellowship Hall Building in the City; and WHEREAS, additional financing in the amount of $69,000 is needed for the completion of said project; and WHEREAS, it is necessary to make adjustments to the Fiscal Year 2008/09 budget as follows: Account Description Account# Amount To decrease expenditure appropriation from the Highway 9 Plaase !project, and transfer funding from the Streets Furad to the Facilities Fund -North Campus Improvements project and appropriate additional expenditures for the North Campus Improvement Project Highway 9 Phase I Project -Exp Appropriation: 411.9122-001.81161 $ (25,000) Highway 9 Phase I Project -Transfer Out: 411.9122-001.99999 $ 25,000 North Campus Improvements -Transfer Iri: 413.9351-001.49999 $ 25,000 NC Improvement Project -Exp Appropriation: 413.9351-001.81161 $ 25,000 To decrease budgeted appropriation for Building Efficiency Projects and appropriate additional expenditures for the North Campus Improvement Project Building Efficiency Projects- Exp Appropriation 413.9321-002.99999 $ (44,000) NC Improvement Project -Exp Appropriation: 413.9351-001.81161 $ 44,000 NOW, THEREFORE, BE IT RESOLVED, that the City Council of the City of Saratoga hereby approves the above adjustments to the Fiscal Year 2008/09 Capital Improvement Budget. BE IT FURTHER RESOLVED, the above and foregoing resolution was passed and adopted at a regular meeting of the Saratoga City Council held on 17th day of December 2008 by the following vote: AYES: Councilmember Howard Miller, Jill Hunter, Vice Mayor Kathleen King, Mayor Chuck Page NOES: None ABSENT: Susie Nagpal ABSTAIN: None uck Page, Mayor City of Saratoga Atte iva ,City Clerk