HomeMy WebLinkAboutCity Council Resolution 08-062RESOLUTION NO. 08-062
RESOLUTION OF THE CITY COUNCIL
OF THE CITY OF SARATOGA
AMENDING THE FY 2008/09 CAPITAL IMPROVEMENT PLAN BUDGET
WHEREAS, the City Council desires to amend the Capital Improvements Plan (CIP) budget,
and;
WHEREAS, the City Council approved the Saratoga Sunnyvale Road Resurfacing Capital
Projects in FY 2007/08 with an appropriation of $600,000; and
WHEREAS, the project ran over budget in the amount of $64,000 due to additional project costs
specific to this project; and
WHEREAS, Public Works had incorrectly expected payment to be made from prior year funds
assigned to the Annual Street Resurfacing project; and
AND BE IT FURTHER RESOLVED, to adjust the City of Saratoga's Fiscal Year 2008/09
budget for cash transfers in the amount of $64,000 from the Annual Street Resurfacing Project to
the deficit Saratoga Sunnyvale Road Resurfacing project.
The above and foregoing resolution was passed and adopted at an adjourned meeting of the
Saratoga City Council held on the 1st day of October, 2008 by the following vote:
AYES: Councilmember Aileen Kao, Jill Hunter, Kathleen King, Vice Mayor Chuck Page,
Mayor Ann Waltonsmith
NOES: None
ABSENT: None
ABSTAIN: None
s.~~ ~ ~~
Ann Waltonsmith, Mayor
ATTEST: `
u ivan, Acting City Clerk