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HomeMy WebLinkAboutCity Council Resolution 10-060Account Description Revenue: Expenditure Appropriation: NOES: None ABSENT: None ABSTAIN: None Ann livan, City Clerk RESOLUTION NO. 10 -060 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SARATOGA AMENDING THE ANNUAL BUDGET FOR FISCAL YEAR 2010/11 CREATING AN ACCOUNT TO ACCEPT A $1,160,458 VTA GRANT FOR PEDESTRIAN ENHANCEMENTS IN THE VILLAGE WHEREAS, the City Council desires to improve and enhance pedestrian safety in the Village by accepting a Valley Transportation Grant in the amount of $1,160,458 for the Saratoga Village Pedestrian Enhancement Project - Phase II Grant; and WHEREAS, it is necessary to make adjustments to the Fiscal Year 2010/11 CIP budget as follows: Account# Amount To appropriate revenue from VTA Grant for Pedestrian Enhancements in the Saratoga Village: 481.9142.004.42264 $ 1,160,458 To appropriate expenditures for the Saratoga Village Pedestrian Enhancement Project: 481.9142.004.81161 $ 1,160,458 NOW, THEREFORE, BE IT RESOLVED, that the City Council of the City of Saratoga hereby approves the above adjustments to the Fiscal Year 2010/11 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 20th day of October 2010 by the following vote: AYES: Councilmember Manny Cappello, Chuck Page, Howard Miller, Vice Mayor Jill Hunter, Mayor Kathleen King l iAl Kathleen M. King, Mayor City of Saratoga