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HomeMy WebLinkAboutCity Council Resolution 06-055RESOLUTION NO. 06-055 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SARATOGA AMENDING THE FY 2006-07 BUDGET TO INCLUDE CONSTRUCTION CONTINGENCY FOR THE ADDITION AND ALTERATIONS TO THE JAMES McWILLIAMS HOUSE PROJECT WHEREAS, on June 7, 2006 the City of Saratoga awarded a construction contract for Addition and Alterations to the James McWilliams House project; WHEREAS, the said project does not have any funds budgeted for contingency; WHEREAS, the said project will most likely require change orders during construction; and WHEREAS, it is necessazy to amend FY 2006-07 budget to secure contingency for said project. NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Sazatoga hereby resolves to accept the FY 2006/07 General Fund budget amendments as submitted and authorizes the budget adjustments as follows: 1. Increase General Fund (001) Revenues as follows: • $10,000 -Facility Maintenance 2. Decrease CIP Fund (716) Revenues as follows: • $10,000 -Highway 9/Oak Place Pedestrian Crosswalk 3. Increase General Fund (001) Expenditures as follows: • $10,000 -McWilliams House Renovation Project, account No.001-1060- 513-5439 4. Decrease CIP Fund (716) Expenditures as follows: • $10,000 -Highway 9/Oak Place Pedestrian Crosswalk, account No. 716- 1716-622-5241 AND BE IT FURTHER RESOLVED, that the Administrative Services Director is directed to record these changes into the City's accounting records in accordance with appropriate accounting practices. The above and foregoing resolution was passed and adopted at a regular meeting of the Saratoga City Council held on 19th day of July, 2006 by the following vote:l AYES: Councilmembers Kathleen King, Nick Streit, Ann Waltonsmith, Vice Mayor Aileen Kao, Mayor Norman Kline NOES: None ABSENT: None ABSTAIN: None City of Saratoga