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HomeMy WebLinkAboutCity Council Resolution 06-071RESOLUTION NO. 06-071 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SARATOGA ADOPTING THE FISCAL YEAR 2006-2007 UPDATE TO THE CAPITAL IMPROVEMENT PLAN WHEREAS, the City Council desires to update the Capital Improvements Plan (CIP), and; WHEREAS, the planning Commission did, on August 23, 2006, find the Fiscal Year 2006-2007 updates to the CIP to be consistent with the Saratoga General Plan as required by Section 65401 of the State of California Government Code; and WHEREAS, the City Council adopted budget Resolution No 06-063 on August 2"a 2006; and WHEREAS, Resolution No. 06-063 is rescinded with the exception of the appropriation of $15,000 for the Beauchamps Park Playground Improvements; and WHEREAS, the City Council has reviewed the proposed updates to the CIP at duly noticed public hearings held on September 6, 2006; and WHEREAS, the City Council of the City of Saratoga hereby resolves to adopt the Fiscal Year 2006-2007 updates Capital Improvement Plan as submitted by the Public Works Director, reviewed by the Planning Commission, and designated as "Attachment 4" attached hereto is adopted by the City Council; and WHEREAS, the need to amend the existing CIP budget is based upon priorities established by the City Council; AND BE IT FURTHER RESOLVED, to adjust the City of Saratoga's Fiscal Year 2006-2007 budget for the appropriation of revenues in the amount of $5,966,812, expenditures in the amount of $9,487,707, and cash transfers in the amount of $1,102,136.39 for CIP projects as listed in "Exhibit A" (Capital Improvement Plan Project Budget List) attached hereto is adopted by the City Council. The above and foregoing resolution was passed and adopted at an adjourned meeting of the Saratoga City Council held on the 6`h day of September, 2006 by the following vote: AYES: Councilmembers Kathleen King, Nick Streit, Ann Waltonsmith, Vice Mayor Aileen Kao, Mayor Norman Kline NOES: None ABSENT: None ABSTAIN: Non ~ '' ~~ ATTEST: Cathlee ,City Clerk