HomeMy WebLinkAboutCity Council Resolution 17-005 - Budget resolution for HWY 9 Phase IV improvementsRESOLUTION NO.17-005
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SARATOGA
TO APPROPRIATE ADDITIONAL FUNDS FOR THE HIGHWAY 9 IMPROVEMENTS
PROJECT PHASE IV
WHEREAS, the City Council desires continuation of the safety improvements on Highway 9 by the
initiation and completion of Phase IV of the Project,
WHEREAS, additional Local Match funds are necessary for the construction contract and related costs
for the Project,
WHEREAS, such funds are available from the local match share for construction costs from Monte
Sereno,
WHEREAS, it is necessary to appropriate the additional funds to the Highway 9 Improvements Project
Phase IV by adjustments to the Fiscal Year 2016/2017 budget as follows
Account Description
Account Amount
To appropriate Revenue and Expense for Highway 9 Improvements Project Phase IV.
Increase Revenue for Hwy 9 Improvements Project Phase IV 4119122-005 49999 $ 49,684
Increase Expenditure Hwy 9 Improvement Project Phase IV 4119122-005 81142 $ 49,684
NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Saratoga hereby
approves the above adjustments to the Fiscal Year 2016/17 CIP 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 1st day of February, 2017 by the following vote.
AYES• Mayor Emily Lo, Vice Mayor Mary -Lynne Bernald, Council Members E Manny
Cappello, Howard A. Miller, Rishi Kumar
NOES.
ABSENT.
ABSTAIN.
Attest.
Crystal Bothelio,
City Clerk
Emily Lo, Mayor
City of Saratoga
6 YL -73 CSN K 2' GQ_
Der ") Gfhl�