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HomeMy WebLinkAboutCity Council Resolution 12-062 -Amending Annual Budget FY 2012-13 RESOLUTION NO. 12-062 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SARATOGA AMENDING THE ANNUAL BUDGET FOR FISCAL YEAR 2012/2013 TO ACCEPT$54,257.75 FROM THE CITY OF MONTE SERENO FOR ITS LOCAL MATCH SHARE FOR THE HIGHWAY 9 SAFETY PHASE II CONSTRUCTION PROJECT WHEREAS,the City Council desires to improve safety on Highway 9 by accepting a Local Match Share from the City of Monte Sereno in the amount of$54,257.75 for the Highway 9 Safety Improvements Construction Project-Phase II; and WHEREAS, it is necessary to make adjustments to the Fiscal Year 2012/13 CIP budget as follows: Account Description Account# Amount To appropriate City of Monte Sereno's Local Match Share for the Highway 9 Safety Improvements Construction Project Phase II: Revenue : 411.9122.001.46441 $ 54,257.75 To appropriate expenditures for the Highway 9 Safety Improvements Construction Project Phase II: Expenditure Appropriation: 411.9122-001.81161 $ 54,257.75 NOW,THEREFORE,BE IT RESOLVED,that the City Council of the City of Saratoga hereby approves the above adjustments to the Fiscal Year 2012/13 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 December 5,2012 by the following vote: AYES: Council Member Chuck Page, Manny Cappello, Howard Miller,Vice Mayor Emily Lo,Mayor Jill Hunter NOES: None ABSENT: None ABSTAIN: None - 11 (AAL+fik. Jill Hunter,Mayor ATTEST: Weeto l DA TE: {�/b 7 t7(2- C al Botheho City Clerk / L..- ty