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HomeMy WebLinkAboutCity Council Resolution 10-023RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SARATOGA AMENDING THE ANNUAL BUDGET FOR FISCAL YEAR 2009/10 TO PROVIDE FUNDING FOR THE SARATOGA VILLAGE PEDESTRIAN ENHANCEMENT PROJECT WHEREAS, the City Council desires to improve pedestrian safety in the Village through the Saratoga Village Pedestrian Enhancement Project; and WHEREAS, additional financing in the amount of $91,000 is needed for the implementation of said project; and WHEREAS, it is necessary to make adjustments to the Fiscal Year 2009/10 budget as follows: Account Description To appropriate additional expenditures for the Saratoga Village Pedestrian Enhancement Project Expenditure Appropriation: To appropriate additional revenue from private utilities for adjusting their facilities for the Saratoga Village Pedestrian Enhancement Project: Revenue: 411.9142.004.46441 $ 26,000 To transfer funds from the Comer Retaining Wall Project Fund Balance to the Saratoga Village Pedestrian Enhancement Project: Saratoga Village Ped Enhancement Project - Transfer In 411.9142.004.49999 Comer Retaining Wall Project - Transfer Out 411.9153.001.99999 NOW, THEREFORE, BE IT RESOLVED, that the City Council of the City of Saratoga hereby approves the above adjustments to the Fiscal Year 2009/10 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 21st day of April 2010 by the following vote: AYES: Councilmember Chuck Page, Howard Miller, Vice Mayor Jill Hunter, Mayor Kathleen King NOES: None ABSTAIN: None ABSENT: Councilmember Susie Nagpal Attest: Ivan, City Clerk RESOLUTION NO. 10 - 023 Account# Amount 411.9142.004.81161 $ 91,000 -.4A-di Kathleen M. King, Mayor City of Saratoga $ 65,000 $ ($65,000)