Loading...
HomeMy WebLinkAbout102-1. Budget Resolution.pdfRESOLUTION NO.__________ RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SARATOGA AMENDING THE ANNUAL BUDGET FOR FISCAL YEAR 2009/10 TO PROVIDE FUNDING FOR HIGH EFFICIENCY HVAC SYSTEM PROJECT AND CITY HALL SOLAR PROJECT WHEREAS, the City Council desires to fund energy efficiency projects; and WHEREAS, financing in the amount of $125,000 is needed for the replacement of seven HVAC units at City Hall and the Community Center; and WHEREAS, financing in the amount of $125,000 is needed for the first phase of the City Hall Solar Project located in the Corporation Yard; and WHEREAS, it is necessary to make adjustments to the Fiscal Year 2009/10 budget as follows: Account Description Account# Amount To appropriate expenditures for the High Efficiency HVAC System Project and City Hall Solar Project High Efficiency HVAC System Project – Exp Appropriation: TBD $125,000 City Hall Solar Project – Exp Appropriation: TBD $125,000 To transfer funds from Multi Purpose Room Improvement Fund to the High Efficiency HVAC System Project and City Hall Solar Project: Multi Purpose Room Improvement Fund – Transfer Out (close) TBD ($250,000) High Efficiency HVAC System Project – Transfer In: TBD $125,000 City Hall Solar Project – Transfer In: TBD $125,000 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 18th day of November 2009 by the following vote: AYES: NOES: ABSENT: ABSTAIN: ______________________ Chuck Page, Mayor City of Saratoga Attest: _______________________ Ann Sullivan, City Clerk