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HomeMy WebLinkAboutCity Council Resolution 04-061RESOLUTION NO. 04-061 A RESOLUTION AMENDING THE ANNUAL BUDGET OF THE CITY OF SARAGTOGA FOR FISCAL YEAR 2004-2005 TO PROVIDE FINANCING FOR THE VTA OPERATOR'S FACILITY WHEREAS, the City of Sazatoga and the Valley Transportation Authority (VTA) entered into a cooperative agreement in December, 2002 for construction of a VTA Operator's Facility, and WHEREAS, it is necessary to amend the annual budget of the City of Saratoga for FY2004-2005 to provide financing for said facility, NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Saratoga that the following amendments be made to the annual budget of the City of Saratoga, Fund No. 150, Highway Users Tax Fund, for FY2004-2005: 1. The amount of $0 now estimated as revenue in account nbr. 150,9010-433-01.00, VTA Grant, be increased to $236,174. 2. The amount of $0 now appropriated in account nbr. 150-9010-613-40-11, VTA Operator's Facility, be increased to $236,174. 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 21s~. day of July, 2004 by the following vote: AYES: Councilmembers Stan Bogosian, Norman Kline, Vice Mayor Kathleen King, Mayor Ann Waltonsmith NOES: None ABSENT: Councilmember Nick Streit ABSTAIN: None -`> .+ '~ ^ / Ann Waltonsmith, Mayor