Loading...
HomeMy WebLinkAboutCity Council Resolution 173 RESOLUTION NO'~"' 173 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SARATOGA ADOPTING BUDGET FOR EXPENDITURE OF FUNDS ALLOCATED FROM THE STATE HIGHWAY FUND TO CITES WHEREAS, a master agreement has been executed by the City of Saratoga , hereinafter referred to as the city, and the State Department of Public Works, Division of Highways, hereinafter referred to as the department, on March 8 , 19 61, for expenditure of state allocated 'funds; and, WHEREAS, a project statement has been prepared and was · submitted to the department on October 22 , 19 63 showing the estimated expenditures of such funds recommended't~ be made during the 19.63-64 fiscal year; and, WHEREAS, a budget, approved by the department on December 196._~ has been presented to the city council in accordance with the project statement submitted by the city; and, WHEREAS, the city council has heard read said budget, as approved by the department, and is familiar with the contents thereof; THEREI~0RE, be it resolved by the city council of the City of Saratoga that said budget be and is hereby adopted as the budget of expenditures recommended to be made from such funds during the 19 6_~-6~ fiscal year. Zayo~ Of';'~~.~Ity ~of "~aratoga I hereby certify that the foregoing resolution was duly and regularly passed by the eit~ council of ~he C~y. of Saratoga a~ a Pe~l~ meetin~ ~hePeof held ~ebruar7 5 , 19 64 . ,Z MC- 'O 3-63) 19 .,L 6~ Fiscal Ye~,, STATE OF CALIFORNIA DIY~SION OF HIGHWAYS City of Saratoga _ F ]I~S T AMENDED BUDGET APPROVAL EXPENDITURES OF STATE ALLOCATED (0.725¢) FUNDS (Section 2107-Streets & Highways Code) The City of Saratoga pursuant to Section 197 of the Streets and. Highways .Code has submitted to the department a budget proposal dated Octobe:r '22 ,19 ~.~ .... showing the ~enditure of State allocated (S.eclHon. 2107) funds recommended to be made duri~ng the 19--year. Such ~rk to be accomplished by this app'mved budget shall 'be .done under terms of the master agreement cover- ~ng the bu~geti:ng of these funds as executed on~a~cb 8 ,19 6~ ~d under the terms of supplemental agreements Nos.' ............ as executed subsequently, and also grid.or the terms of the supplemental agreement No. ' ...... attached hereto.. Expenditures for project (s) ............ in the approved 'budget may be made after execution 'by the City and the department of the attached supplemental agreement. AVAILABLE FUNDS Reduce p:roJect 3. :(,Con:struction) ( C try) $1.1,1.~2:.i.2.1... 5'5 Interest on :!nves.'tmen't. of gas tax funds to June 30, i'9~'3 (City), 2,2:"~'8 0.6254 accrued and unb.udge. te.d to June 30, 1.963 3,~57.~.5 0.69:5¢. accrued and u~budg.eted dnring the fiscal year ending June 30, 1964 R:5,570.Z~..O ~ ~.o, "'7'7o. oo Subtotals '~ots~ $73,5~0.87 Page I of 2_ FO~M MC-19 [~-6t)