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HomeMy WebLinkAboutCity Council Resolution 08-084RESOLUTION N0.08 - 084 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SARATOGA AMENDING THE ANNUAL BUDGET FOR FISCAL YEAR 2008/09 TO PROVIDE FUNDING FOR THE IMPROVEMENT TO THE SARATOGA LIBRARY BUILDING WHEREAS, the City Council desires to make improvements to the Saratoga Library Building in the City; and WHEREAS, additional financing in the amount of $310,000 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 increase expenditure appropriation from the Saratoga Library Capital Improvement Fund and appropriate additional expenditures for the Library HVAC Improvement Project Library Capital Improvement Fund -Transfer Out 711-8701-99999 $310,000 Library 2009 HVAC Upgrade -Transfer In 413-9374-001-49999 $310,000 Library 2009 HVAC Upgrade -Project Const 413-9374-001-81161 $310,000 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 Chuck Page, Mayor City of Saratoga At* -~~ Alan Sull_ san, City Clerk