HomeMy WebLinkAbout102-Resolution.pdfRESOLUTION NO.__________
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SARATOGA
AMENDING THE ANNUAL BUDGET FOR FISCAL YEAR 2010/11
TO PROVIDE LOCAL MATCH GRANT FUNDING FOR CAPITAL IMPROVEMENT
PROJECTS
WHEREAS, the City Council desires to improve pedestrian safety in the Village by
appropriating matching funds in the amount of $256,800 for the Saratoga Village Pedestrian
Enhancement Project - Phase II Grant; and
WHEREAS, the City Council desires to install and provide public access to Electric Vehicle
Charging Stations in the City for the new generation of electric vehicles through a matching grant
program in the amount of $65,000; and
WHEREAS, the City Council desires to reforest/replant the City’s Public Spaces by providing
matching funds in the amount of $25,000 for the City’s Tree Dedication Program; and
WHEREAS, additional financing totaling $346,800 is needed for local matches for the
above mentioned projects; and
WHEREAS, it is necessary to make adjustments to the Fiscal Year 2010/11 CIP budget as
follows:
Account Description Account# Amount
To appropriate expenditures for the Saratoga Village Pedestrian Enhancement Project – Phase II Local
Match:
Expenditure Appropriation: 411.xxxx.xxx.81161 $ 256,800
To appropriate expenditures for Electric Vehicle Charging Stations:
Expenditure Appropriation: xxx.xxxx.xxx.81161 $ 65,000
To appropriate expenditures for the City’s Tree Dedication Program:
Expenditure Appropriation: xxx.xxxx.xxx..81161 $ 25,000
To transfer funds from the Unallocated CIP Reserve, Village Sidewalk Curb and Gutter, and City
Entrance/Monument Signs to the Village Pedestrian Enhancement Phase II Project:
Saratoga Village Ped Enhancement II - Transfer In 411.xxxx.xxx.49999 $ 256,800
Unallocated CIP Reserve - Transfer Out 111.8101.99999 $ (221,983)
Village Sidewalk, Curb and Gutter - Transfer Out 411.9142.004.99999 $ (16,029)
City Entrance Monument Signs - Transfer Out 411.9132.003.99999 $ (18,788)
To transfer funds from the Canyon View/Elva Storm Drain and Prospect Road Medians to the Electric
Vehicle Charging Station Project:
Electric Vehicle Charging Stations - Transfer In xxx.xxxx.xxx.49999 $ 65,000
Canyon View/Elva Storm Drain - Transfer Out 411.9142.009.99999 $ (15,000)
Prospect Road Medians - Transfer Out 411.9132.002.99999 $ (50,000)
To transfer funds from the City Entrance/Monument Signs and Village Creek Trail to the City’s
Tree Dedication Program:
Tree Dedication Program - Transfer In xxx.xxxx.xxx.49999 $ 25,000
Village Creek Trail - Transfer Out 411.9277.001.99999 $ (20,000)
City Entrance Monument Signs - Transfer Out 411.9132.003.99999 $ (5,000)
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 1st day of September 2010 by the following vote:
AYES:
NOES:
ABSENT:
ABSTAIN:
______________________
Kathleen King, Mayor
City of Saratoga
Attest:
_______________________
Ann Sullivan, City Clerk