HomeMy WebLinkAboutCity Council Resolution 11-068 RESOLUTION NO. 11 068
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SARATOGA
AMENDING THE BUDGET FOR FISCAL YEAR CAPITAL 2011/12
TO ADJUST VILLAGE FACADE IMPROVEMENT PROGRAM FUNDING
WHEREAS, the Village Facade Improvement Program was funded in 2004 for a one year period by the
Saratoga City Council to revitalize Saratoga's downtown area and encourage private investment in the Village; and
WHEREAS, through the Village Facade Improvement Program, the City provides a 50% reimbursement, up
to $5,000, for the cost of storefront improvements visible from Big Basin Way to business and property owners; and
WHEREAS, in the first year of the program, a total of $43,491 was granted by the City for facade
improvements in the Village; and
WHEREAS, in 2007, the Council allocated $20,000 to the program from the Council Discretionary Fund;
and
WHEREAS, since 2007, a total of six Village Facade Improvement grants have been awarded, a total of
$19,022, to Village business and property owners; and
WHEREAS, the Council can increase funding for the program by adopting the following changes to the
Fiscal Year 2011/12 Capital Budget:
Account Description Account Amount
To budget appropriations for the Village Facade Improvement Program.
Council Discretionary Fund Decrease 1111101 -62411
General Admin Transfer Out 1118101 -99999
Village Facade Improvement Program Transfer In 4119132- 005 -49999
Village Facade Improvement Program Increase 4119132- 005 -81161
NOW, THEREFORE, BE IT RESOLVED, that the City Council of Saratoga hereby approves the above
adjustments to the Fiscal Year 2011/12 Capital Budget.
The above and foregoing resolution was passed and adopted at a regular meeting of the Saratoga City Council held
on the 19 day of October 2011 by the following vote:
AYES: Council Member Manny Cappello, Emily Lo, Jill Hunter, Vice Mayor Chuck Page,
Mayor Howard Miller
NOES: None
ABSENT: None
ABSTAIN: None
Howard A. Miller, Mayor
AT
d DATE: /6 p
Ann n, City Clerk