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HomeMy WebLinkAboutCity Council Resolution 18-059 budget amendment Brookview LLADRESOLUTION NO. 18-059 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SARATOGA TO APPROPRIATE FUNDS FOR THE NEWLY ACCEPTED LANDSCAPING & LIGHTING DISTRICT: BROOKVIEW - ZONE 39 WHEREAS, the City Council adopted the new Landscaping & Lighting District, Zone 39 (Allendale), at the City Council Meeting on June 7, 2017; WHEREAS, funds need to be appropriated for the frontage landscaping of the new Landscaping & Lighting District; and WHEREAS, assessments and matching CIP funds are needed and available to cover these expenses; and WHEREAS, it is necessary to make adjustments to the Fiscal Year 2018/19 Operating Budget as follows: Account Description Account Amount To Allocate Capital Matching Funds: Transfer Out — Capital Matching Funds 414.9442-001.9999 Transfer In - Capital Matching Funds 279.5302.49999 $ 25,000.00 $ 25,000.00 To appropriate expenses for Landscaping & Lighting District: Brookview Landscape & Lighting Zone 39: Misc. Landscaping Repairs (Capital Matching Funds) 279.5302.64549 $ 50,000.00 NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Saratoga hereby approves the above adjustments to the Fiscal Year 2018/19 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 7`'' day of November, 2018 by the following vote: AYES: Mayor Mary -Lynne Bemald, Vice Mayor E. Manny Cappello, Council Members Howard A. Miller, Emily Lo, Rishi Kumar NOES: ABSENT: ABSTAIN: At retschneider, Interim City Clerk 1051928.2 Mary-rnald, Mayor