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HomeMy WebLinkAbout102-Resolution.pdf RESOLUTION NO.__________ RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SARATOGA AMENDING THE ANNUAL BUDGET FOR FISCAL YEAR 2010/11 TO PROVIDE FUNDING FOR THE MONTE VISTA STORM DRAIN PUMPING SYSTEM PROJECT WHEREAS, the City Council desires to mitigate local flooding on Monte Vista Drive by installing a pumping system; and WHEREAS, additional financing in the amount of $17,220 is needed for the completion of said project; and WHEREAS, it is necessary to make adjustments to the Fiscal Year 2010/11 budget as follows: Account Description Account# Amount To appropriate additional expenditures for the Monte Vista Storm Drain Pumping Project Monte Vista Pump System – Exp Appropriation: 411.9142.008.81161 $ 17,220 To transfer funds from Sobey Road Culvert Repair Projects to the Monte Vista Storm Drain Pumping Project: Sobey Road – Transfer Out 411.9142-002.99999 $ (17,220) Monte Vista Pump System – Transfer In: 411.9142-008.49999 $ 17,220 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 December 2010 by the following vote: AYES: NOES: ABSENT: ABSTAIN: ______________________ Mayor City of Saratoga Attest: _______________________ Ann Sullivan, City Clerk