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HomeMy WebLinkAboutCity Council Resolution 10-024 ARESOLUTION OF THE CITY COUNCIL OF THE CITY OF SARATOGA AMENDING THE ANNUAL BUDGET FOR FISCAL YEAR 2009/10 TO PROVIDE FUNDING FOR THE HISTORICAL PARK LANDSCAPE IMPROVEMENT PROJECT WHEREAS, the City Council desires to finalize the Historical Park Landscape Improvement Project in the City; and WHEREAS, additional financing in the amount of $25,000 is needed for the completion 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 Historical Park Landscape Improvement Project Historical Park Project — Exp Appropriation: 412.9224.001.81161 $ 25,000 To transfer funds from Sobey Road Culvert Repair Projects to the Historical Park Landscape and Unallocated Fund Balance. Sobey Road — Transfer Out 411.9142- 002.99999 $ (100,000) Historical Park Project — Transfer In: 412.9224- 001.49999 $ 25,000 Unallocated Fund Balance — Transfer In: TBD $ 75,000 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 19th day of May 2010 by the following vote: AYES: Councilmember Chuck Page, Howard Miller, Vice Mayor Jill Hunter, Mayor Kathleen King NOES: None ABSTAIN: None ABSENT: Vacant (Susie Nagpal) Attest: Ann Su Ivan, City Clerk RESOLUTION NO. 10 - 024 Date: ,Z/ - .ZD/( Account# Amount 2 L !2/ Kathleen M. King, Mayor City of Saratoga