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HomeMy WebLinkAboutCity Council Resolution 14-009 Budget Adjustment Resolution to Appropriate Additional Funds Quito bridgesRESOLUTION NO. 14 -009 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SARATOGA TO APPROPRIATE ADDITIONAL REVENUE AND EXPENDITURES TO THE QUITO ROAD BRIDGES CAPITAL PROJECT WHEREAS, the City Council desires to continue to improve the Quito Road Bridges; WHEREAS, additional Grant Funds have been received from Caltrans for the project WHEREAS, it is necessary to make adjustments to the Fiscal Year 2013/14 CIP Budget as follows: Account Description Account Amount To appropriate additional revenue and expenditure for the Quito Road Bridges Project: Quito Road Bridges Project Grant Revenue 431- 9152 -002 42251 $ 170,000.00 Quito Road Bridges Project Grant Expenditure 431.9152- 002.81142 $ 170,000.00 NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Saratoga hereby approves the above adjustments to the Fiscal Year 2013/14 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 5th day of March, 2014 by the following vote: AYES: Mayor Emily Lo, Vice Mayor Howard Miller, Council Member Manny Cappello, Chuck Page, Jill Hunter NOES: None ABSENT: None ABSTAIN: None c_ Emily Lo, Mayor ATTEST: (14ftj i DATE: Cryst 1 Bothelio, City Clerk