HomeMy WebLinkAboutCity Council Resolution 16-056 - Resolution Bainter wayRESOLUTION NO. 16-056
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SARATOGA
TO TRANSFER FUNDS FROM THE HILLSIDE STABILITY RESERVE
TO THE BAINTER AVENUE RETAINING WALL CIP
WHEREAS, Bainter Avenue was undermined by a landslide during winter rains in 2015 thereby making
the roadway unstable, and;
WHEREAS, the City Council desires to maintain hillside retaining walls, roadways and parking lots
throughout the City and has set aside funds in the Hillside Stability Reserve for such use in repairing and
stabilizing hillsides, and;
WHEREAS, the City Council desires to utilize these funds to pay for the repair of this project, and;
WHEREAS, it is necessary to authorize the creation of a new CIP project, Bainter Ave Retaining Wall, in
the Fiscal Year 2016/17 Capital Improvement Budget (Project No. 4119153-004) to fund these repairs, and;
WHEREAS, it is necessary to make adjustments to the Fiscal Year 2016/17 Operating and Capital
Improvement Budget as follows:
Account Description Account# Amount
Create a new CIP Project titled: Bainter Avenue Retaining Wall, assigned to 411.9153-004
To appropriate the transfer out of the General Fund's Hillside Stability Reserve to the Bainter Avenue Retaining
Wall CIP project:
Transfer Out: 111.8101.99999 $ 210,000
To appropriate the transfer in of funding and increase the expenditure appropriations for the Bainter Avenue
Retaining Wall CIP project:
Transfer In: 411.9153-004.49999 $ 210,000
Expenditure: 411.9153-004.81161 $ 210,000
NOW, THEREFORE, BE IT RESOLVED, that the City Council of the City of Saratoga hereby
approves the creation of a new CIP Project, Bainter Avenue Retaining Wall, and approves the above adjustments to
the Fiscal Year 2016/17 Operating and 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 September 21, 2016 by the following vote:
AYES: Mayor E. Manny Cappello, Vice Mayor Emily Lo, Council Member Mary -
Lynne Bernald, Howard A. Miller, Rishi Kumar
NOES:
ABSENT:
ABSTAIN:
E. y Cappello, ayor
City of Saratoga
Att
Crystal Bothelio, City Clerk (Dee
City of Saratoga