HomeMy WebLinkAboutCity Council Resolution 08-049RESOLUTION NO. 08 - 049
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SARATOGA
AMENDING THE ANNUAL BUDGET FOR FISCAL YEAR 2008/09
TO PROVIDE FUNDING FOR REPAIR WORK TO THE COMER DRIVE RETAINING
WALL
WHEREAS, the City Council desires to repair the Comer Drive Retaining Wall, which
is failing; and
WHEREAS, financing in the amount of $200,000 is needed for said repair work; and
WHEREAS, it is necessary to make adjustments to the Fiscal Year 2008/09 budget as
follows:
Account Description Account# Amount
To transfer funding from Economic Uncertainty/Hillside Repair Fund to Comer Drive Retaining Wall
Repair Project
Economic Uncertainty/Hillside Repair -General Fund Transfer Out $ 200,000
Comer Drive Retaining Wall Repair Project - CIP Fund Transfer In $ 200,000
To appropriate expenditures for the Comer Drive Retaining Wall Repair Project
Comer Drive Retaining Wall Repair Project -Construction Exp $ 200,000
NOW, THEREFORE, BE IT RESOLVED, that the City Council of the City of
Saratoga hereby approves adjustments to the Fiscal Year 2008/09 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 2nd day of July 2008 by the
following vote:
AYES: Councilmembers Aileen Kao, Jill Hunter, Kathleen King, Vice Mayor
Chuck Page, Mayor Ann Waltonsmith
NOES: None
ABSENT: None
ABSTAIN: None ~~
G-ci
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Ann Waltonsmith, Mayor
City of Saratoga
Attest:
Ann a livan, Acting City Clerk