Loading...
HomeMy WebLinkAboutCity Council Resolution 18-060 2018 Pavement management -budget adjustmentRESOLUTION NO.18-060 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SARATOGA TO APPROPRIATE FUNDS FOR THE TEMPORARY REPAIR OF LANDSLIDE FAILURE ON PALOMINO WAY WHEREAS, the City Council wished to temporarily repair the roadway failure on Palomino Way caused by recent landslide activity; WHEREAS, funds for the repair are available in the City's Hillside Repair fund; and WHEREAS, it is necessary to make adjustments to the Fiscal Year 2018/19 CIP Budget as follows: Account Description Account Amount To appropriate the transfer out of the General Fund's Hillside Stability Reserve to the Annual Roadway Repairs CIP project: Transfer Out: 111.8101.99999 $ 75,000 To appropriate the transfer in of funding and increase the expenditure appropriations for the Annual Roadway Repairs CIP project: Transfer In: Expenditure: 411.9111-003.49999 411.9111-003.81161 $ 75,000 $ 75,000 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 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 7th 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: Mar yn Bernald, Mayor At ebbie Bretschneider, Interim City Clerk