HomeMy WebLinkAboutCity Council Resolution 08-008RESOLUTION N0.08-008
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SARATOGA
AMENDING THE ANNUAL BUDGET FOR FISCAL YEAR 2007/08
TO PROVIDE FUNDING FOR THE ADDITION AND ALTERATION
TO THE NORTH CAMPUS FELLOWSHIP HALL BUILDING
WHEREAS, the City Council desires to renovate and improve the North Campus
Fellowship Hall Building in the City; and
WHEREAS, financing in the amount of $639,000 is needed for said project; and
WHEREAS, it is necessary to make adjustments to the Fiscal Year 2007/08 budget as
follows:
Account Description Account# Amount
To accept donation for North Campus Improvement Project:
North Campus Improvement Project -Donation 762-7777-471-0300 $ 149,000
To transfer funding from North Campus Matching Funds Project to North Campus Improvement Project
North Campus Matching Fund Transfer Out 775-7777-597-1099
North Campus Improvement Transfer In: 762-7777-490-1001
To transfer funding from Designated for Special Projects FB to North Camp
General Fund Transfer Out: 001-1050-597-1099
North Campus Improvements Transfer In: 762-7777-490-1001
To appropriate expenditures for the North Campus Improvement Project
NC Improvement Project -Construction Exp 762-7777-622-5807
$ 40,000
$ 40,000
~s Improvement Project:
$ 450,000
$ 450,000
$ 639,000
NOW, THEREFORE, BE IT RESOLVED, that the City Council of the City of
Saratoga hereby approves adjustments to the Fiscal Year 2007/08 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 20th day of February 2008 by
the following vote:
AYES: Councilmembers Jill Hunter, Aileen Kao, Kathleen King,
Vice Mayor Chuck Page, Mayor Ann Waltonsmith
NOES: None
ABSENT: None
ABSTAIN: None
Ann Waltonsmith, Mayor
City of Saratoga
City Clerk