HomeMy WebLinkAboutCity Council Resolution 04-079RESOLUTION NO. 04-0 79
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SARATOGA
AMENDING THE ANNUAL BUDGET FOR FY2004/OS TO PROVIDE
FINANCING FOR THE PURCHASE OF TAX-DEFAULTED PROPERTY
ADJACENT TO HAKONE GARDENS FROM THE
COUNTY OF SANTA CLARA
WHEREAS, the City of Saratoga entered into an agreement with the County of
Santa Clara on May 16, 2001, to purchase tax-defaulted property adjacent to Hakone
Gardens Park; and
WHEREAS, the County of Santa Clara expects the transaction to be completed
in November, 2004; and
WHEREAS, it is necessary to amend the final budget for fiscal year 2004/05 to
provide financing for said purchase.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of
Saratoga that the following amendment be made to the final budget for fiscal year
2004/05 to provide the needed financing:
1. The amount of $36,800 now appropriated in account no.310-9898-999-
99.30, Unobligated Reserve, of Fund No. 310, Park Development Fund, be reduced by
$1,000.
2. The amount of $0 now appropriated in account no.310-3030-443-04.00,
Public Works, Park Development, of Fund No. 310, Park Development Fund, be
increased by $1,000.
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 6~h day of
October, 2004 by the following vote:
AYES: Councilmembers Stan Bogosian, Norman Kline, Nick Streit,
Vice Mayor Kathleen King, Mayor Ann Waltonsmith
NOES: None
ABSENT: None
ABSTAIN: None
Ann Waltonsmith, Mayor