HomeMy WebLinkAboutCity Council Resolution 21-077 budget adjustment, Emergency interim landslide repairRESOLUTION NO.21-077
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SARATOGA
TO CREATE A NEW CIP HILLSIDE STABILIZATION REPAIR PROJECT
WITH FUNDING FROM THE HILLSIDE STABILITY RESERVE
WHEREAS, an extensive section of Mt. Eden Road has failed, making the roadway
unstable; and
WHEREAS, the City Council desires to maintain the City's hillside roadways and
retaining walls and has set aside funds in the Hillside Stability Reserve 'for unanticipated or
unforeseen emergency or extraordinary costs related to hillside degradation, inclusive of slide
prevention and mitigation, slide repair, and associated drainage and roadwork", and
WHEREAS, the City Council desires to utilize this Fund Balance Reserve for the Mt.
Eden Road Emergency Interim Landslide Repair Project to repair and stabilize the roadway
without delay, and
WHEREAS, it is necessary to set up new CIP project in the budget for the Mt. Eden
Road Emergency Interim Landslide Repair Project, and
WHEREAS, it is necessary to adjust the Fiscal Year 2021/22 Operating and Capital
Improvement Budget as follows;
Account Description Account Number Increase Decrease
To appropriate the transfer out of the General Fund's Hillside Stability Reserve to the Mt.
Eden Road Emergency Interim Landslide Repair CIP project:
Transfer Out 111.8101.99999 $ 75,000
To appropriate the transfer in of funding and increase the expenditure appropriations for the
Mt. Eden Road Emergency Interim Landslide Repair CIP project:
Transfer in 411.xxxx-xxx.49999 $ 75,000
Expenditure 41 Lxxxx-xxx.81161 $ 75,000
NOW, THEREFORE, BE IT RESOLVED, that the City Council of the City of
Saratoga hereby approves setting up a new Mt. Eden Road Emergency Interim Landslide Repair
Project in Fiscal Year 2020/21 and approves the above adjustments to the Fiscal Year 2021/22
Operating and Capital Improvement Budget.
Resolution 21-077
Page 2
BE IT FURTHER RESOLVED, the above and foregoing resolution was passed and
adopted at a regular meeting of the Saratoga City Council held on the 3rd day of November 2021
by the following vote:
AYES:
NOES:
ABSTAIN
ABSENT:
COUNCIL MEMBERS BERNALD, FITZSIMMONS, VICE MAYOR WALIA,
MAYOR ZHAO
NONE
NONE
COUNCIL MEMBER KUMAR
)Rgilhao, Mayor
ATTEST:
DATE: 11- 1fi _ �
Britt Avrit, MMC, City Clerk