Loading...
HomeMy WebLinkAboutCity Council Resolution 25-028, Budget Resolution add funds for Heritage Orchard Pathway FY24-25RESOLUTION NO.25-028 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SARATOGA TO FUND THE HERITAGE ORCHARD PATHWAY CIP PROJECT IN THE FISCAL YEAR 2024-25 BUDGET WHEREAS, The City strives to provide safe sidewalks and pedestrian pathways, and WHEREAS, the pedestrian pathway around the Heritage Orchard has aged and deteriorated and is in need of replacement, and WHEREAS, the Heritage Orchard Pathway Project was previously proposed but remained unfunded due to inadequate funding, and WHEREAS, the City has recently received sufficient Park -in -lieu funding that can be used for the replacement of the Heritage Orchard pedestrian pathway, and WHEREAS, it is necessary to set up new Capital Improvement Program (CIP) Project in the FY2024-25 CIP budget for the Heritage Orchard Pathway Project, and WHEREAS, a budget amendment is necessary to allocate Fiscal Year 2024-25 funding to the Heritage Orchard Pathway CIP Project as follows: Account Description Account Number Amount Transfer Out of Unallocated Fund 422.9299-999.49999 ($275,000) Project Revenue/ Expenditure 422.9223-001.49999/81161 $275,000 To transfer funds out of the Park -in -lieu Unallocated Fund and appropriate project revenuelexpenditure for Heritage Orchard Pathway CIP Project for Fiscal Year 2024-25. NOW, THEREFORE, BE IT RESOLVED, that the City Council of the City of Saratoga hereby approves an amendment to the Fiscal Year 2024-25 budget. Resolution 25-028 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 21 St day of May 2025 by the following vote: AYES: COUNCIL MEMBERS WALIA, ZHAO, VICE MAYOR PAGE, MAYOR AFTAB NOES: NONE ABSENT: COUNCIL MEMBER FITZSIMMONS ABSTAIN: NONE ATTEST: Britt Avrit, MMC, City Clerk