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HomeMy WebLinkAboutCity Council Resolution 14-045 Budget Adjustment Resolution - LLA Zone 36 RESOLUTION NO. 14-045 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SARATOGA TO APPROPRIATE FUNDS FOR THE NEWLY ACCEPTED L & L DISTRICT: ALLENDALE - ZONE36 WHEREAS, the City Council adopted the new L & L District, Zone 36(Allendale), at the City Council Meeting on June 4, 2014; WHEREAS, funds need to be appropriated for the implementation of the new L & L District WHEREAS,Assessments and matching CIP funds are needed and available to cover these expenses WHEREAS, it is necessary to make adjustments to the Fiscal Year 2014/15 Operating Budget as follows: Account Description Account Amount To appropriate revenue for L & L District:Allendale Landscape &Lighting Zone 36: Assessment Revenues 256-5302.41151 $ 3,609.00 Transfer In- Capital Matching Funds 256.5302.49999 $ 1,000.00 To appropriate expenses for L &L District:Allendale Landscape &Lighting Zone 36.• Landscaping 256-5302.64547 $ 2,000.00 Maintenance 256-5302.64549 $ 1,440.00 Indirect costs 256-5302.62451 $ 1,169.00 NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Saratoga hereby approves the above adjustments to the Fiscal Year 2014/15 Operating 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 2nd day of July, 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 .-�/�-� + Emily Lo, Mayor ATTEST: �, �^� �fI Crys1��� l� DATE: � "'i '��� 1 �-aI Bothelio, City Clerk � �